13-07-15 Jacob Frenkel - Thief in Chief for Bank of Israel Governor?

During a previous round as Governor of Bank of Israel, Frenkel had to refund a large sum of not allowed expenses he paid himself.  Under his tenure as Vice Chairman, AIG collapsed, but he claims no responsibiliy. On news that he was stopped for shoplifting in Hong Kong he claims "regretful misunderstanding"...  jz
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Bloomberg

JPMorgan Chase & Co. International Division Chairman Jacob Frenkel was supposed to be a shoo-in, a two-term former governor turned international businessman with the global contacts so useful to a small country. Photographer: Scott Eells/Bloomberg

Frenkel’s Bank of Israel Bid Hits Bump Over Old Incident

By Alisa Odenheimer - Jul 15, 2013 12:00 AM GMT+0300

The nomination of former Bank of Israel Governor Jacob Frenkel to his old job may have hit a bump following media reports that he was briefly detained seven years ago when he walked out of a Hong Kong shop with a bottle of cologne he didn’t pay for.

Frenkel denied any wrongdoing, calling it an “unfortunate misunderstanding,” according to a July 12 statement. A committee that vets civil service appointments met yesterday to discuss his candidacy and “examine various queries submitted to it in recent days,” according to a statement from the panel.

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http://www.bloomberg.com/news/2013-07-14/frenkel-s-bank-of-israel-bid-hits-bump-over-old-incident.html