Excellence Nessuah fires Shlomo Maoz for tirade

Investment house Excellence Nessuah fired its chief economist Shlomo Maoz for making offensive statements.

January 12, 2012 00:44
1 minute read.
Tel Aviv brokers

Tel Aviv brokers. (photo credit: REUTERS)


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Investment house Excellence Nessuah fired its chief economist Shlomo Maoz Wednesday evening for making offensive statements.

“In the light of his crude and unfortunate remarks, Shlomo Maoz is dismissed from all his positions. Excellence apologizes and disavows these statements,” the investment said in a press statement.

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After a recent highly charged interview with commentator Yossi Frank on the television program Layla Calcali, an economic magazine program, Maoz let loose Wednesday against “the Ashkenazi elite at Bank Leumi, the Supreme Court and among the demonstrators who participated in the social protest.”

“I would have preferred that the protest had begun in Petah Tikva, where there are real social gaps, and not in central Tel Aviv, where the elitist Ashkenazim are,” he said at a conference on the politics of the social protest at Sapir College.

“Bank Leumi is a bank of white people,” Maoz said. “The Supreme Court is all Ashkenazim; they think they are doing a favor when they appoint a Mizrahi judge.”

Maoz was once a candidate for a seat on Bank Leumi’s board of directors but was rejected.

On Wednesday, he settled the score, claiming he had not been selected because of his Mizrahi origin.

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