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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.
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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!”
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