Studies show that US coverage is Israeli-centric. The main bureaus for CNN, Associated Press, Time, etc. are located in Israel and often staffed by Israelis. The son of the NY Times bureau chief is in the Israeli army;"pundit" Jeffrey Goldberg served in the IDF; Wolf Blitzer worked for AIPAC. Because the U.S. gives Israel over $8 million/day - more than to any other nation - we feel it is essential that we be fully informed on this region. Below are news reports to augment mainstream coverage.

Wednesday, November 25, 2009

Egyptian banks demand return of shares in King David Hotel

Ma'an
Two Egyptian banks petitioned the Israel High Court of Justice, demanding the return of their shares in the King David Hotel in Jerusalem, Israeli media reported on Monday.

The Egyptian Arab Land Bank and the Bank of Egypt stated that the shares in the hotel were purchased during the 1930s and are worth millions of US dollars, according to the Israeli daily Ma’ariv.

The petition put forward stated that after the 1948 war, the shares were transferred to the Israeli Absentee Property Custodian, which in turn sold the shares to Israeli companies. Full story
at 11/25/2009 08:54:00 AM