Fallen Tycoon Offers to Pay Banks $146m in Debt Over Rest of Life

Nochi Dankner will have to sell his $12 million home and may receive funds from his father and friends.

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Nochi Dankner, who lost control of his IDB corporate empire to creditors in January, is now offering to sell his Herlizya Pituah villa and spend the rest of his life paying bankers some 400 million to 500...