Photo: Zev Brenner, host. Rabbi Marty Katz, Excec V.P.
MANHATTAN – Presumably the most important investments ever made at the New York Stock Exchange took place recently at an unusual time: after the institution that powers Wall Street had closed for business. Unparalleled returns are guaranteed for the long term – eternity, really – and will benefit not just the investors, but the entire world. The assets to be generated? Thousands of Jewish neshamos and their descendants. On Monday evening, Dec. 13, one of the economic capitals of the world was transformed into a center for saving lives.
Just One Life, a non-profit social service organization that provides expectant couples and women in Israel with the support and services they need to overcome crisis and carry their children to term, held an historic event right there on the Exchange trading floor. Over 500 people attended “An IPO Evening” (Inspiration, Promise and Opportunity) to support JOL’s crucial work.
While non-industry and charitable functions have been held at the NYSE before, JOL organizers said “AN IPO Evening” was the first kosher one.
JOL’s name is based on the Gemara in Sanhedrin 37a: “He who saves just one life in Israel is one who has saved an entire world.” Teaneck businessman and JOL Chairman Jack Forgash founded the agency in 1989 after reading an article about an alarming trend of desperate parents- to-be and babies at risk in Eretz Yisrael. “Israel’s main resource is its children,” Mr. Forgash was quoted as saying in a recent Jewish Standard article. “Each child our organization helps bring into the world multiplies our people a hundredfold.”
The results were impressive, and 17 executives, were presented with “One Angel” awards. The master of ceremonies was Guy Adami, vice chairman of TradeMonster and featured commentator on CNBC’s Fast Money.
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