Report: Halutz sold off portfolio after kidnapping

By JPOST.COM STAFF
August 15, 2006 10:52

 
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A few hours after the kidnapping of two IDF soldiers and in the midst of discussions over whether to launch military operations in Lebanon, the chief of staff, Lt.-Gen. Dan Halutz, decided to sell off his personal investment portfolio, Maariv reported Tuesday morning. According to the report, Halutz spoke to his investment broker about three hours after the Hizbullah cross-border raid, and asked him to sell all the assets in his portfolio, valued at about NIS 120,000. In the two days that followed, the Tel Aviv exchange dropped by about 8%. Responding to the report, Halutz said "at that point I did not think or expect there would be a war."

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