Leviev

"Africa Israel Investments stock plummeted after the real estate firm said it could not repay billions of dollars in debt. Sunday's announcement by the company, owned by Russian-Jewish billionaire Lev Leviev, caused shares to drop 25.5 percent on the Tel Aviv Stock Exchange. The stock fell another 13.7 percent Monday as the firm floated the idea of renegotiating the terms of its debts with bond holders and banks." (thanks Olivia)