Word: jesselson
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Dates: during 1980-1989
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...period. Sofer today maintains a suite in the Jerusalem Hilton, which he bought in 1982 for $18 million in partnership with a group of U.S. investors, among them Fort Worth Oilman Louis Barnett. The SEC claims that Sofer shared his illegal stock tips with Barnett and another friend, Michael Jesselson, whose father Ludwig Jesselson is the founder of Philip Bros., the U.S. commodity-trading house. So far, neither American has been charged...
...Independence, "has furnished a remarkable proof of the universal spirit of religious intolerance, inherent in every sect, disclaimed by all while feeble, and practised by all when in power." After spirited bidding at Sotheby's in New York City, the browned, spotted piece of paper went to Ludwig Jesselson, 75, a collector of Judaica. The price: $396,000, the highest figure ever paid for a presidential document...
Rich started his career with Manhattan-based Philipp Brothers, then a quiet company (now Philbro-Salomon) of metals traders. He became something of a protégé of Ludwig Jesselson, the company's head. After assignments in Bolivia and Spain, he returned to New York and built the company's lucrative oil-trading department. He made a killing during the 1973 Arab oil embargo, but the company declined to pay the seven-figure commission he demanded and he left in a huff. With partner Pincus ("Pinky") Green, a fellow Wunderkind trader from Philbro, he established...
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