Jacob
A. Frenkel |
Doris
and Mel Atlas
|
Receiving Re'uth's Pillars of the
Community Award are (from left) Sue
and Alan Silberstein, Doris and
Mel Atlas, and Edythe Roland Grodnick.
Their generosity created the
Therapeutic Roof Garden at the
Re'uth Medical Center in Tel Aviv. |
REUTH
Merrill Lynch Economist
Forecasts Stock Market
Story and Photos by Tim Boxer
 SKED
for a tip on how Wall Street will perform the next day, the chairman
of Merrill Lynch International had a stock answer: “The stock
market is going to change tomorrow.”
Economist
Jacob A. Frenkel, former governor of the Bank of Israel and now with
Merrill Lynch International, was guest speaker at the annual dinner
of Reuth at New York’s Plaza Hotel.
The
organization supports several senior homes and medical centers in
Israel.
“I’m
here as a member of the family,” Frenkel said. “My father is
being taken care of at Reuth’s Bet Shalom Center in Tel Aviv. He
was one of the founders of the diamond industry.”
To
understand the economy, he said, we must be aware of cause and
effect.
For
an example he related the tale about an atheist who was desperately
circling around trying to find a parking spot. Finally frustrated he
pleaded with God: “Find me a parking place. I promise I’ll
become religious and observant.”
Suddenly
someone pulled out of a parking place, and the atheist says, “God,
no need. I found one.”
Reuth,
which translates as “friendship,” honored the following people:
 |
Doris
and Mel Atlas. A pioneer in party decorating, Mel owns a successful
floral business.
|
|
Susan
and Alan Silberstein. He is retired from the family fur business.
|
|
Edythe
Roland Grodnick who operated a travel agency for many years.
|
|
Sharon
Tzur, founder of MediaWatch International which, she says, works
“to assure accurate media coverage of Israel. We try to bring
balance where there is bias.” She just launched www.MediaCaravan.org. |
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