Henry Siegman has a more commercial reason for loathing Israel in the manner that he does. Mr. Siegman has served on the Board of Directors of the Arab Bankers Association of North America (ABANA). Although the New York Times would not tell its readers of Mr. Siegman's service to ABANA, it is available on the internet. Mr. Siegman has no experience in international banking of any kind. There is only one reason that Siegman would be given a lucrative seat on the board of directors of ABANA and it appears that Siegman has done what it is expected of him.
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