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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 best Shabbat I ever kept, or how to dodge the biggest World Series spoiler ever
This time a year ago, with Sukkot ending and the World Series upon us, I and many other Shabbat-observant Jews were coming apart at the spiritual seams.
Naturally, I wrote about it: The New York Yankees and the Los Angeles (formerly Brooklyn) Dodgers were facing off in the Fall Classic for the 12th time in their storied rivalry and the first time in 43 years. But because the first two games overlapped with Shabbat — falling on Friday and Saturday evenings — thousands of diehards in the two biggest Jewish communities in the U.S. couldn’t watch.
Or could we?
When I asked those fans about the quandary, a few of them told me they’d found ways to watch: A friend’s apartment, the in-laws downstairs, little loopholes with which I was well-versed. (When I was a kid, the dry cleaner’s flatscreen usually sufficed.) Others who couldn’t or wouldn’t watch planned to learn the outcome through the grapevine the next day.
No one I spoke to, however, planned to record the game and watch it after Shabbat ended. Sure, starting a replay of Game 1 on Saturday night meant you couldn’t join Game 2 in progress. But the bigger reason was also kind of funny: In a community that insists on unplugging for 25 hours, finding out a sports score — even inadvertently — was generally seen as inevitable. The only person who believed it was possible to avoid World Series spoilers and watch the whole thing, start-to-finish, 24 hours after the fact, was me.
I also just wanted my precious Shabbat left alone. On the job, I am regularly contending with a firehose of information — much of it discouraging — and the intensity hardly lessens when I’m off the clock. When people ask me whether it’s hard to turn off my phone on Friday afternoon, my answer is that it’s really not. The challenge — the imperative — is protecting the feeling of rest that comes with it. So: No sports fandom, either.
Now, the problem of spoilers is close to my heart. I once wrote an article for this publication about a Harry Potter spoiler that became the most devastating Camp Ramah prank of all time. I now believe that Jewish law actually regards ruining an ending without consent as an act of theft — one called g’neivat da’at (literally, “theft of knowledge”). Of course, the harder a person works to avoid spoilers, the more easily something is spoiled; friends know not to text me asking if I watched the game because that means it ended!!!
Staying out of the loop would be difficult, but I’d spent half a lifetime watching Saturday games on tape delay. In case you weren’t aware, streaming apps are all apparently hell-bent on revealing the outcome of a game that’s just happened before you watch it, by, to take one infuriating example, making the thumbnail image a picture of one of the teams celebrating. In the face of this adversity, I’ve developed the specific muscle of keeping my eyes just focused enough to find the game I want and put it on. These ocular reps would surely prepare me for the World Series.
The Saturday morning after Game 1, I walked to shul with my sister. Well, I was headed to shul; she was headed first to the shul security guard, that singular oracle of contemporary American Orthodox Judaism, who would have the scoop. I escaped that spoiler by skipping ahead as we approached, but my plan faced some resistance in the pews. Everyone else knew what had happened and wanted to discuss it. And I’ll never forget the look of sheer annoyance one in-the-know friend had when I explained my choice. “You’re just gonna go the whole day not knowing?” Sir, that was the whole point.
Several hours later, I was pacing in front of the television in my apartment. There were two outs, bases loaded, bottom of the 10th inning, Dodgers down one. All of it had already happened, and yet none of it had, when I watched Freddie Freeman limp to the plate. You don’t need me to tell you what happened next.
A walk-off grand slam. Reader, I was screaming. I started a replay of Game 2 a few minutes later.
Now, I titled this column “the best Shabbat I ever kept,” but the truth is I don’t really remember too much about that Shabbat. I probably spent it like most others — whiling away a few hours in shul, seeing family and friends, nodding off on the couch. I’m sure only that it wasn’t spoiled. Dodgers history awaited me after Havdalah.
The post The best Shabbat I ever kept, or how to dodge the biggest World Series spoiler ever appeared first on The Forward.
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Are you a Good Witch or a Bad Witch? Or a Jewitch?
When I was a little girl, I played Witch all the time. I was The Grande Madame — the Queen of all the Witches. I even wrote spooky musicals for the neighborhood kids. We set up lawn chairs in my friend Susie’s backyard in Queens, and made our parents watch. If I had been more business minded, I would have sold tickets.
Now I teach music and something must have stayed with me, because October is my favorite month — Witchy Music Month. This week, I put on my pointy hat, plugged in my spooky orange lights, and played some scenes from The Wizard of Oz and Snow White for the kiddos.
Then I noticed something.
Both witches had big, hooked noses. What they used to call “Jewish Noses.” The noses that kept New York surgeons busy when we hit 18. Many of us got nose jobs. It wasn’t a secret. It was expected.
My mother said no, so I couldn’t get one, but it didn’t stop me from kvetching. (I also asked to be sent to a Swiss Finishing School — again, no.)
I looked it up. A big study in 1914 debunked the theory that Jews actually had big noses — 14% aquiline, compared with 10% of the regular population. Considering that Jews are a people sometimes “bottlenecked from geographic diversity” in a more modern study in 2022, meaning that we weren’t allowed to live anywhere we wanted, and definitely meaning that we inbred, it doesn’t sound like we owned Big Nose.
Tell everybody.
Still, the “hook-nosed” Jewish stereotype remains. Hard to get rid of stereotypes, and harder to get rid of what most people find conventionally attractive. Especially when Disney adds to the Big Hooked Nose in Snow White’s witch — with some well-placed warts.
The most famous Jewish Witch story was when King Saul wanted to go to battle with the Philistines and consulted the Witch of Endor. She summoned Prophet Samuel’s Spirit for the King. Alas Samuel prophesied Doom, and King Saul and his son Jonathan were killed the next day.
The irony was that King Saul had banned all witches, until he needed one himself.
And do you remember what TV writer Sol Sacks named Samantha’s mother in the TV series, Bewitched? Yes, Endora. I bet Sacks’ Hebrew School teacher was proud.
My son, Aaron, is most like me, and I guess most susceptible to my witchiness. He really believed when he was little, and I remember once picking him up from his second grade class. As I bent down to tie Aaron’s shoe, I felt 100 little eyes on me. When I straightened up, I was surrounded by a solemn crowd. A little girl pointed and said, “Aaron, she doesn’t look like a witch.”
I have to admit, I was a little insulted.
I also have to admit that I did use my powers on Aaron and I am a little ashamed. When he was six, he hated Shabbos because of its restrictions. No TV, no piano, no trips in the car to the 7-Eleven for Slurpees; and endless synagogue.
But this happened on a Wednesday night. He was in a mood and was smashing all her plastic swords and yelling, and I was on the phone trying to accept a music gig with a bride and groom. I told the couple I’d call them right back.
“Aaron,” I looked at him. “If you don’t stop right now — I’m gonna make it SHABBOS!”
He dropped his swords in petrified horror. “C-c-can you really DO that?”
And then I did something I’m even more ashamed of. I smiled.
The post Are you a Good Witch or a Bad Witch? Or a Jewitch? appeared first on The Forward.
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Turkey-Qatar Partnership Grows While Hamas Refuses to Disarm, Raising Alarm Bells Over Gaza’s Future
Turkish President Tayyip Erdogan is welcomed by Qatar’s Emir Sheikh Tamim bin Hamad al-Thani in Doha, Qatar, Oct. 22, 2025. Photo: Murat Kula/Turkish Presidential Press Office/Handout via REUTERS
As Qatar and Turkey further expand their relationship, concerns are mounting that their growing influence in Gaza could bolster Hamas and complicate the fragile ceasefire, as both countries pursue their regional ambitions in the war-torn enclave.
On Wednesday, Ankara and Doha signed new agreements on defense, trade, and strategic planning, deepening a partnership that continues to raise alarm bells among Israel, Gulf states, and experts, who warn that their expanding roles in Gaza’s reconstruction efforts could potentially strengthen Hamas’s terrorist infrastructure.
As part of his three-day Gulf tour, Turkish President Recep Tayyip Erdogan traveled to Doha to meet with Qatari Emir Sheikh Tamim bin Hamad Al Thani.
During the 11th meeting of the Turkey–Qatar High Strategic Committee, the two leaders issued a joint declaration reaffirming their commitment to maintaining the US-backed Gaza peace plan.
Erdogan’s diplomatic visit came a day after Hamas leaders met with Qatari and Turkish officials in Doha to discuss the ongoing Israel-Hamas ceasefire and plans for rebuilding Gaza after the war.
As both nations expanded their relationship with new cooperation agreements, Turkey has reportedly sought to acquire billions of dollars’ worth of military technology from Qatar, including 24 used and 16 new Eurofighter Typhoon jets.
If approved, the deal would allow Doha to provide Ankara with an immediate solution to its operational gap, bypassing the Eurofighter production schedule, which is currently overbooked due to high global demand.
Amid rising geopolitical tensions, Turkey’s move to acquire advanced multi-role combat aircraft would strengthen its position as a key regional power and reduce reliance on American-made systems, while representing a major step in modernizing its combat aviation fleet.
However, concerns over Qatar and Turkey’s expanding partnership come at a time when the fragile Gaza ceasefire, though seemingly holding, faces mounting challenges, as the Palestinian terrorist group continues to refuse disarmament — an essential component of US President Donald Trump’s peace plan.
On Saturday, Hamas reiterated the group’s refusal to give up its weapons as part of the ceasefire.
“The proposed weapons handover is out of the question and not negotiable,” a Hamas official told AFP.
Hamas Politburo member Mohammed Nazzal also said the group could not commit to disarmament, as it intends to maintain security control in Gaza during an interim period.
Even though Hamas has publicly expressed these views before, these latest remarks have heightened concerns over obstacles to ending the war in Gaza, with the next phase of ceasefire negotiations waiting to begin.
In this regional context, experts warn that both Turkey and Qatar — as two of the largest state sponsors of Hamas, with long-standing ties to the terrorist group — could shield the Islamist movement in Gaza or even bolster its terror infrastructure, as they seek a central role in post-war efforts.
Alongside the United States and regional powers, Qatar has served as a ceasefire mediator during the two-year conflict in Gaza, facilitating indirect negotiations between the Jewish state and Hamas, which has ruled the enclave for nearly two decades.
However, Doha has also backed the Palestinian terrorist group for years, providing Hamas with money and diplomatic support while hosting and sheltering its top leadership.
Turkey has also been a major international backer of Hamas and has maintained an openly hostile stance toward the Jewish state for years.
During his visit to Doha, Erdogan said the ceasefire “has provided relief to Palestinians,” but reiterated that a two-state solution was the only path to resolving the conflict with Israel.
Under Trump’s plan, Turkey is expected to join a multinational task force responsible for overseeing the ceasefire and training local security forces.
However, Israeli Prime Minister Benjamin Netanyahu hinted at opposition to any involvement of Turkish security forces in post-war Gaza.
