Daily Archives: September 22, 2006
One year ago this week, on the eve of Rosh Hashanah, President George W. Bush exuded a clear, unequivocal appreciation of and commitment to Israel. On that same occasion, President Bush called for a democratic state of Palestine to be created alongside Israel, as a way to foster peace in the Middle East.
Buffett was a businessman who had never stepped foot in Israel, yet gave the Israeli economy an unexpected vote of confidence. The shrewd investor calculated the profitability and the potential of a leading Israeli enterprise, which led him to invest $4 billion to acquire 80 percent of the shares of the company.