Word: zvi
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Since Sept. 8, chairman and chief executive Robert Toll has unloaded more than 4.3 million shares and pocketed at least $82.5 million in pretax net proceeds, according to filings with the Securities and Exchange Commission. At least two other insiders - director Bruce Toll and president Zvi Barzilay - have also been selling: Bruce Toll sold 352,433 shares, netting proceeds of about $7.5 million, while Barzilay dumped 200,000 shares for net proceeds of about $3.5 million, the filings reported. In some but not all cases, the insiders sold shares they had acquired through stock options that were to expire...
...Boston University finance professor Zvi Bodie, another frequent debating partner of Siegel's, this entire discussion is beside the point for most Americans. "He could be right," he says of Siegel's argument that stocks are a good deal right now. "I'm just more risk-averse than he is." Bodie, co-author of the perennially best-selling business-school textbook Investments, wrote a 2003 book titled Worry-Free Investing and has been trying ever since to steer personal-finance advice in a radically new direction. For most Americans, Bodie says, stocks are entirely inappropriate vehicles for saving for retirement...
...going anywhere. The more important question is: When will the Palestinians, Hamas, Hizballah and Iran recognize that it is in their interest to create their own modern societies rather than continue to try to destroy Israel? Israel has long accepted the two-state solution. When will Israel's enemies? Zvi Civins, CAULFIELD, VIC., AUSTRALIA...
Golda Meir didn't want to believe the news. The Israeli Prime Minister had heard media reports that West German police had rescued the Israeli Olympic athletes taken hostage by terrorists in Munich. Now Zvi Zamir, head of the Mossad, was phoning from Germany at 3 a.m. to correct that account. "I saw it with my own eyes," he told her. "No one was left alive...
...gunmen stormed their quarters at the Olympic Village, killing 11 athletes and coaches. Every Israeli grows up hearing about the Munich martyrs, and each Olympic team pays its respects at a Tel Aviv memorial before heading off to the Games. "We don't stop," says Israeli Olympic Committee president Zvi Varshaviak. "We've been waiting a long time...