- FRENKEL SAYS HE WITHDRAWS CANDIDACY FOR BANK OF ISRAEL CHIEF
- FRENKEL SAYS HE SUFFERED `AVALANCHE' OF ABUSE
Tuesday, July 30, 2013
"Avalanche Of Abuse" Forces Ex-JPMorganite To Quit Bank Of Israel Candidacy
A month ago we noted the out-squidding of Goldman Sachs
as ex-JPMorganite Jacob Frenkel looked set to replace Fischer as the
head of the Bank of Israel. Four weeks later and it seems the chairman
of the all-important Group-of-30 has had enough, and when it comes to "squidding" into central banks, Goldman truly has no comparable.
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