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Richard J. Fox

Articles By Richard J. Fox

Understanding the Housing Crisis

May 31, 2008

The financial crisis sparked by the subprime mortgage collapse has shaken Wall Street to its core. The crisis underscores the fact that a relatively small number of bad investments can hammer our economy. Indeed, 95 percent of Americans continue to pay their mortgages on time, while only 5 percent of American homeowners have either defaulted […]

Letter From the Chairman

February 29, 2008

Israel Turns 60 The story of Israel is nothing short of a miracle. In just 60 years, 750,000 Holocaust survivors and Jewish patriots declared independence, fended off the armies of five Arab countries, survived a string of other wars, and handcrafted a vibrant country. Israel also has many challenges ahead, some of which are elucidated […]