Comparing Tycoons No Haircuts, but Dankner Gives Investors Trims of Different Kind

Belying his image as the white knight doing his best to spare the public, the IDB chief has caused a lot of financial pain.

In the financial media, there is a near consensus that Nochi Dankner is the most moral tycoon of them all, if for no other reason than "has not yet imposed a haircut" on bondholders. This is in contrast to Yitzhak Tshuva,