Arafat invested $8 mil. in Israeli venture fund Evergreen III

[rini]

Palestinian Authority Chairman Yasser Arafat has
invested in Israeli venture capital fund Evergreen
and U.S. venture fund Canaan Partners. An
investigation by the American CBS network's "60
Minutes," broadcast last Sunday, revealed Arafat
to be worth anywhere between $1 billion and $3
billion. Most of the huge fortune stems from taxes
collected by the PA from Palestinians and
transferred to Arafat's accounts, as well as tens
of millions of dollars in personal donations from
world leaders and contributors, including Saddam
Hussein and Saudi princes.




http://www.haaretz.com/hasen/spages/361405.html

[GabysPoppy]

1. Arafat

The Middle East version of Warren Buffet.

Hey, a guy needs to make a buck somehow.

Think Krispy Kremes for your next investment.

[bluesoul]

2. As long as Sharon

is mr nice guy...

[GabysPoppy]

3. You are wrong

I wouldn't consider Mr. Sharon a "nice guy".

In fact, I think he should dump his Krispy Kremes instead of eating the profits.

[bluesoul]

4. I am glad

you think so. Some think that replacing him with a left-wing government would be "traitorous" and aiding the "terrorists"...

[Muddleoftheroad]

5. Sharon will be replaced

When there is a chance for peace. Right now there is only a chance for war.

[GabysPoppy]

8. Now lets get serious for a minute

You are too quick to generalize any position in opposite to your own as being pro Sharon/Likud. You hide behind the anti-Bush sentiments of all DU members instead of addressing the realities of the situation in Israel. It is too easy to hide true feelings with that comparison.

Why aren't you trashing our last REAL President who you seem to be against also with the accumulated meanings of all your posts. This may come of a shock to you but I supported all of Clinton's efforts in the I/P situation.

This may come as another shock for your internal system. I think that Bush is terrible for Israel. He and his family are well known anti-semites and I don't believe for a second he has had a miraculous conversion from that belief.

So hopefully when January 2005 arrives and either Dean/Kerry/Clark or whoever is sworn in as the new President the "pro-Pal" team will either have to come up with a new charge to hide behind or at least find a new web site to scream "Israel is always wrong".

[Gimel]

6. Incredible

To think that the man most responsible for destroying the Israeli economy is also investing in it. Maybe he's trying for insider trading gains.

[Muddleoftheroad]

7. Hedging his bets

Apparently, he is in the capital preservation stage of his investing. This way, he wins either way.

Scary...