Howard Hirsch (left), Israel Bonds Greater New York chairman, introduces Bear Stearns chairman Ace Greenberg at real estate new leadership luncheon at New York’s Grand Hyatt.
| ISRAEL BONDS Ace Greenberg Sees Bright Economic Future By TIM BOXER lan “Ace” Greenberg used to tell people he was in the securities business. “Now I say I’m in the insecurity business.” The Bear Stearns chairman told an Israel Bonds real estate luncheon crowd at New York’s Grand Hyatt that he’s never seen Wall Street fluctuate as much as it did during the past several months. “Stocks moved up and down more in one day that they used to in a year. I don’t know the answer. It’s something we’ll just have to live with.” He saw a bright future for the country. “I’m extremely optimistic. But bear in mind one thing – I’m often wrong!” |