Nochi Dankner's vast IDB empire, reduced to sand
Nochi Dankner built a rich empire using the 'Israeli method' of personal friendships and money borrowed from public funds. For a while it worked, until it turned into a colossal wreck.
It's probably safe to assume Nochi Dankner is not a big fan of 19th-century English poetry. The disgraced major shareholder and chairman of IDB Group, suspected of securities fraud, was always more a fan of rabbis and of amulets blessed by them. Still, the head of Israel's largest diversified business conglomerate, controlling assets worth roughly $30 billion, could learn a lot from Percy Bysshe...
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