Afraid of the public outcry: Netanyahu averts nay vote on ‚tycoon haircut‘ law

25.11.2011                      28.Cheschwan. 5772

Knesset:

Afraid of the public outcry: Netanyahu averts nay vote on 'tycoon haircut' law

The Ministerial Committee for Legislation realized earlier this week that the bill did not command a majority in the cabinet or Knesset.

Prime Minister Benjamin Netanyahu has postponed the Knesset's first vote on a bill that would block any company that has failed to fully repay bonds from issuing more bonds until it pays in full, for fear that it would fail.
The bill is sponsored by MK Meir Sheetrit (Kadima )….