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Report: Halutz sold investments 3 hours after soldiers' abduction
By Haaretz Service
Israel Defense Forces Chief of Staff Dan Halutz went to his bank branch and sold an NIS 120,000 investment portfolio only three hours after two IDF soldiers were abducted by Hezbollah on the northern border, the Ma'ariv daily newspaper reported Monday.
Several hours after the abduction, Prime Minister Ehud Olmert declared war on Hezbollah and Israeli warplanes began bombarding targets deep inside Lebanon.
But as the country's political and military echelons met urgently to discuss the possible declaration of war, Halutz went at 12.00 P.M. on July 12 to sell an investment portfolio.
In response to the report, Halutz confirmed to Ma'ariv that he sold the portfolio on that date and at that time, but denied it had anything to do with the possibility of an imminent war. The IDF chief said he sold the portfolio because of recent losses he took prior to July 12.
Originally posted by Hellmutt
He should resign. With a job like that, what he did was inresponsible.
Of course now they try to figure out whether someone from the bank should be punished for leaking this story...