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Bowling Alley to Return Arafat (Palestinian Authority) Investment

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bin.dare Donating Member (517 posts) Send PM | Profile | Ignore Thu Dec-23-04 12:47 PM
Original message
Bowling Alley to Return Arafat (Palestinian Authority) Investment
This is interesting but misleading. The article wants you to believe it is Arafat money. Why would the cited people be upset about PA investment?

http://www.guardian.co.uk/worldlatest/story/0,1280,-4690493,00.html

NEW YORK (AP) - The owner of a popular bowling alley in Greenwich Village said Thursday his company was severing ties with a group tied to the late Palestinian leader Yasser Arafat and is returning its $1.3 million investment.

Arafat invested the money in New York-based Strike Holdings, owner of Bowlmor Lanes, through a holding company he created called Onyx Funds, according to Bloomberg Markets Magazine.

...

``Effectively as of today the PCSC will have no investments in Strike Holdings,'' he added. The PSCS is a Ramallah-based holding company owned by the Palestinian Authority.

...

News of the investment upset some customers at the alley, which advertises itself on its Web site as an ideal location for bar and bat mitzvahs for Jewish teens.
``If I had known, I wouldn't have come, but I promised the kids,'' Steve Saslow, 55, told the Daily News in Thursday editions.

...



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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-23-04 12:53 PM
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1. I actually just celebrated my birthday at that Bowling Alley
Who knew?
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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-23-04 01:06 PM
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2. duplicate topic
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