Subscribe to Print Edition | Fri., March 27, 2009 Nisan 2, 5769 | | Israel Time: 01:38 (EST+7)   Back to Homepage web haaretz.com Haaretz Toolbar Diplomacy Defense Jewish World Opinion National Print Edition Car Rental Books Haaretz Magazine Business Real Estate Joy of Giving Travel Week's End Anglo File

Danny Dankner By TheMarker Danny Dankner is the chairman of Bank Hapoalim's board of directors, and as such he participates in all credit committees, is up to date on the entire economy and is responsible for the pipeline that delivers money for business activity to a large portion of enterprises in Israel. Dankner also has connections to one of the most powerful personalities in the Israeli economy, his cousin Nochi Dankner - a connection that has proved mutually profitable. Dankner stepped into his position a year and 10 months ago, after the bank's controlling shareholder, Shari Arison, ousted its former chairman, Shlomo Nehama. Stepping into his new job, Dankner positioned himself as her lackey and asked Prof. Amir Barnea to resign from the bank's board due to disputes with controlling shareholders. Advertisement Dankner has spent recent months mainly in a mudslinging competition, a battle of versions, between Hapoalim's top officers, past and present, over the question of who is responsible for the failed investment in mortgage-backed securities that have already forced the bank to write off losses of more than NIS 1 billion. The bank, which once boasted the slogan "being first place comes with an obligation," found itself second to Bank Leumi as a result. The affair has lead to a crisis of trust between Dankner and investors and to a class action over handling of the affair by bank officers. Dankner has been the target of sharp criticism over the fact that he chose not to resign, and even took home a bonus (although a relatively small one, for the bank.) Bookmark to del.icio.us   Debate over war dead IDF says 1,166 Palestinians killed in Gaza offensive, including 295 civilians. Simpsons to visit Israel Homer Simpson is about to face his greatest challenge - bringing peace to the Mideast.

Read & React Olmert hints at IAF strike in Sudan Responses: 142 U.S. Jewish group slams 'hideously anti-Semitic' cartoon Responses: 113 ANALYSIS / In bombing Sudan, Israel sends message to Iran Responses: 53 What has Israel done for Jonathan Pollard lately? Responses: 29 More Headlines 23:50 Hamas: No Gaza-bound arms on Sudan convoy 19:14 ANALYSIS / In bombing Sudan, Israel sends message to Iran 20:42 IAF Sudan strike / Olmert: Israel will target threats near and far 22:57 Hamas: Israel has made new proposal for Shalit deal 22:15 Israel challenges Palestinian claim on Gaza war dead 21:09 Israel successfully tests Iron Dome rocket defense system 20:13 Obama: Egypt-Israel accord shows peace is always possible 23:11 WATCH: Daily news round-up from Israel 21:31 Watchdog petitions High Court against Lieberman FM pick 19:16 Police: Not enough evidence to charge Olmert in real estate case 19:44 Labor 'rebels' spurn invite to Barak reconciliation meet 19:32 Netanyahu says expects no U.S. pressure over peace process 19:40 Can Homer Simpson solve the Mideast conflict? 16:47 Israeli environmentalists take on U.S. over its green agenda Previous Editions Select Day 26 mar 25 mar 24 mar 23 mar 22 mar 20 mar 19 mar 18 mar 17 mar 16 mar 15 mar 13 mar

Special Offers Advertisement Spring Specials-Dan Hotels Jerusalem from 179$. Tel-Aviv from 223$. Herzliya from 336$ Dead Sea Skin Care Quality cosmetics from the Dead Sea. Coupon code HAARETZ for 12% off! Camp Kimama Israel 2009 The best place for your children this summer Eldan Rent a Car Israel's leading car rental company offers you a 20% discount on online reservations Jewish Singles Personal Ads Find the love of your life on JDate.com Junkyard Junk a car - get free towing nationwide and a tax-deductible receipt

Home | TV | Print Edition | Diplomacy | Opinion | Arts & Leisure | Sports | Jewish World | | Israel 2009 election results

Site rules | Makom: Engaging on Israel | Search engine marketing

Haaretz.com, the online edition of Haaretz Newspaper in Israel, offers real-time breaking news, opinions and analysis from Israel and the Middle East. Haaretz.com provides extensive and in-depth coverage of Israel, the Jewish World and the Middle East, including defense, diplomacy, the Arab-Israeli conflict, the peace process, Israeli politics, Jerusalem affairs, international relations, Iran, Iraq, Syria, Lebanon, the Palestinian Authority, the West Bank and the Gaza Strip, the Israeli business world and Jewish life in Israel and the Diaspora.

© Copyright  Haaretz. All rights reserved