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Regulators shutter bank co-founded by Jewish donor Scott Shay
(JTA) — Following the failure of Silicon Valley Bank, federal regulators have shuttered Signature Bank, whose chairman, Scott Shay, is a major donor to Jewish causes.
The New York-based bank was closed on Sunday, two days after Silicon Valley Bank’s collapse, stoking panic in the markets and assurances from President Joe Biden on Monday that the banking system was safe.
Both Signature Bank and Silicon Valley Bank shut down because of depositor runs on their holdings. In Signature’s case, the run was triggered by concerns that the bank was one of just a handful that welcomed deposits in cryptocurrency, a market that crashed over the course of 2022.
Signature specialized in deposits from realtors and lawyers. It drew scrutiny from regulators in 2018 for its relationship with people in the circle of then-President Donald Trump, including his Jewish son-in-law and senior adviser, Jared Kushner.
Shay co-founded Signature Bank in 1999 with Joseph DePaolo and received the backing of one of Israel’s major banks, Bank Hapoalim. He has been a major funder of Jewish and pro-Israel causes, with a focus on education. According to an online biography. he has served on the boards of the UJA-Federation of New York, the Partnership for Excellence in Jewish Education and the Jewish Agency for Israel, and has also been a supporter of Birthright Israel. He is the president of Chai Mitzvah, which facilitates Jewish text study in groups.
In recent years, he has also been a donor to the New York Jewish Week, which is published by the Jewish Telegraphic Agency’s parent company, 70 Faces Media.
Shay has written two books on Jewish faith and identity: “Getting Our Groove Back: How to Energize American Jewry,” in 2006, and “In Good Faith: Questioning Religion and Atheism,” in 2018. He also wrote a book about anti-Zionism on college campuses, “Conspiracy U: A Case Study,” in 2021.
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The post Regulators shutter bank co-founded by Jewish donor Scott Shay appeared first on Jewish Telegraphic Agency.
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VIDEO: Historian Vivi Laks tells history of the London Yiddish Press
די ייִדיש־ליגע האָט לעצטנס אַרויפֿגעשטעלט אַ ווידעאָ, וווּ די היסטאָריקערין וויווי לאַקס דערציילט וועגן דער אַמאָליקער ייִדישער פּרעסע אין לאָנדאָן.
צווישן 1884 און 1954 האָט די לאָנדאָנער פּרעסע אַרויסגעגעבן הונדערטער פֿעליעטאָנען פֿון אָרטיקע שרײַבערס וועגן אָרטיקן ייִדישן לעבן.
די קורצע דערציילונגען זענען סאַטיריש, קאָמיש און רירנדיק, אויף טשיקאַווע טעמעס ווי למשל קאַמפֿן אין דער היים צווישן די מינים; פּאָליטיק אין די קאַפֿעען, און ספֿרי־תּורה אויף די גאַסן. די דערציילונגען האָבן געשריבן סײַ גוט באַקאַנטע שרײַבער (למשל, מאָריס ווינטשעווסקי, יוסף־חיים ברענער און אסתּר קרייטמאַן), סײַ היפּש ווייניקער באַקאַנטע.
שבֿע צוקער, די ייִדיש־לערערין און מחבר פֿון אַ ייִדישן לערנבוך, פֿירט דעם שמועס מיט וויווי לאַקס. זיי וועלן פֿאָרלייענען אַ טייל פֿון די פֿעליעטאָנען אויף ענגליש און ייִדיש, און אַרומרעדן די טעמעס וואָס די פּרעסע האָט אַרויסגעהויבן.
וויווי לאַקס איז אַ היסטאָריקערין פֿון לאָנדאָנס ייִדישן „איסט־ענד“, ווי אויך אַן איבערזעצער און זינגערין. זי איז די מחברטע פֿון Whitechapel Noise און London Yiddishtown, ווי אויך אַקאַדעמישע און פּאָפּולערע אַרטיקלען. זי איז אַ קולטור־טוערין אין לאָנדאָן און האָט מיטאָרגאַניזירט סײַ דעם גרויסן ייִדישן פּאַראַד, סײַ דעם Yiddish Café Trust. זי זינגט פּאָפּולערע לידער אויפֿן „קאָקני־ייִדיש“ מיט די גרופּעס קלעזמער־קלאָב און קאַטשאַנעס, און פֿירט שפּאַצירטורן איבער דעם „איסט־ענד“.
The post VIDEO: Historian Vivi Laks tells history of the London Yiddish Press appeared first on The Forward.
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Puppet Monty Pickle is guest on the Forward’s ‘Yiddish Word of the Day’
It’s not every day that a kosher dill pickle puppet gets a chance to learn some Yiddish.
Monty Pickle, star of the children’s series The Monty Pickle Show, recently joined Rukhl Schaechter, host of the Forward’s YouTube series Yiddish Word of the Day, for an episode teaching viewers the Yiddish words for various wild animals.
Or as they’re called in Yiddish: vilde khayes.
The Monty Pickle Show, a puppet comedy on YouTube and TikTok, aims to show young viewers what it means to be Jewish in a fun, lively way. The series was created by the Emmy Award-winning producers of Sesame Street and Fraggle Rock.
So far, he’s met a number of Jewish personalities, including rabbis, musicians and chefs, and explored holidays like Rosh Hashanah, Hanukkah and Passover.
Sitting alongside Rukhl during the lesson, Monty eagerly tries to guess what each word means, providing for some very funny moments.
The post Puppet Monty Pickle is guest on the Forward’s ‘Yiddish Word of the Day’ appeared first on The Forward.
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IDF Nabs Islamic State Terror Suspect in Syria
Guns seized in the course of the operation. Photo: IDF Spokesperson via i24
i24 News – Israel Defense Forces soldiers conducted an operation on Wednesday in the area of Rafid in southern Syria to apprehend a suspected terrorist affiliated with ISIS, the military spokesperson said on Saturday.
The announcement comes as Washington announced a major operation to eliminated Islamic State terrorists in Syria after three Americans lost their lives in a jihadist attack in Palmyra.
The Israeli soldiers completed the operation in Syria “in cooperation with IDF intelligence,” the statement read, adding that “the suspect was transferred for further processing in Israeli territory.”
Additionally, during the operation, weapons were found and seized.
IDF troops “continue to remain deployed along the Golan Heights border in order to protect the State of Israel and its citizens,” the statement from the spokesperson concluded.