Hungover in Israel's bond market – and partying on
Still suffering the aftermath of the last big bond orgy, investors are getting back into bed with the same dubious sorts.
A funny thing is happening on the way to the bailout. While some bondholders are in wrenching talks with Nochi Dankner’s IDB Holding Corp. and others are fighting with Bank Hapoalim over who gets control over Motti Zisser’s Elbit Imaging property empire, other institutional investors are piling into new debt issues.
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