Finance shake-up - after $8b wiped out The biggest shake-up of the finance sector in 35 years is under way in a bid to restore shattered confidence, but it will be too late for most of those who invested more than $8 billion in finance companies that then failed.
Finance Ministry trying to revive Tel Aviv light rail plan Deputy Finance Minister Yitzhak Cohen is attempting to strike a compromise between the state and the MTS consortium that was awarded the franchise to build the light rail network in the Tel Aviv area.
