Sunday, February 22, 2009

Who Rules NYU? NYU's Bank Leumi USA Connection

Besides sitting on the AIG Retirement Services corporate board in recent years, New York University [NYU] Trustee Lester Pollack has also sat between Conference of President of Major Jewish Organizations(lobbying group)Executive Vice-Chairman Malcolm Hoenlein and former Tel Aviv University President Itamar Rabinovich on the board of directors of Bank Leumi USA. In addition, an NYU College of Business & Public Administration Dean Emeritus, NYU Professor of Economics Abraham Gitlow, has also been an honorary director of Bank Leumi USA in recent years.

According to the Bank Leumi USA’s web site, “Bank Leumi USA is the largest subsidiary of the Leumi Group, Israel’s leading banking group, founded in 1902, with assets exceeding $86 billion” and “The Leumi Group serves clients around the world through more than 300 branches and offices...”

Among the other corporations or institutions on whose boards members of the NYU board of trustees have sat in recent years are: Bank of New York Mellon Corporation; Colgate Palmolive, Apollo Management; General Motors Asset Management; Temple Emanuel; Warburg Pincus; New York City Ballet; General Electric; Schering Plough; Paramount; CNA Financial; Comcast; Loew’s; Coca Cola; Washington Post Company/Newsweek; Seagram’s; Blackrock; PNC Financial Services; Home Depot; Center for Strategic and International Studies; The New York Stock Exchange; New School University; the New York City Police Foundation; and Human Rights Watch.

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