A Top 10 List of Tasks Facing Dankner

With all the advice now heaped on intended Finance Minister Yair Lapid, we thought it timely to also offer Nochi Dankner, controlling shareholder of IDB Holdings, a few tips.

1. Reach out to Eduardo Elsztain, the savior from Argentina, since your whole debt restructuring scheme depends on his goodwill. You may have signed a deal with bondholders, but everything hinges on a cash flow of $75 million from a Buenos Aires bank. If Elzstain gets cold feet at the last minute (everyone knows he’s the sucker in this deal) you can make wallpaper from all the paperwork used in concocting the...