The Best Information is Inside Information

It seems that IDF Chief of Staff has been caught in an "insider trading" scandal. A few hours after the Hizbullah cross-border attack and abduction of 2 soldiers, Gen. Halutz went to the bank to sell his portfolio of stocks.

"It was my portfolio of shares, on which I had lost NIS 25,000," Halutz told Maariv. "It is true that I sold the portfolio on July 12, 2006, but it is impossible to link that to the war. At the time I did not expect or think that there would be a war."

So a few hours after this attack, as the cabinet and military leaders met to discuss possible war, Halutz did not expect a war? Either he is a terrible liar, or he is out of the loop on major military decisions. This is simply another embarrassment in a long line of embarrassments in the conduct of this war.