WHO IS MARC RICH?
But it would be wrong to simply characterize Rich as an Israeli pawn, for he is a power to be reckoned with in his own right: the case could be made and, indeed, should be made by Israel’s true friends that it is the other way around: that the Israeli government was the pawn in Rich’s game. As Craig Copetas put it in a 1990 magazine article in Regardies’: “To get a sense of how deep Rich’s tentacles may reach into the U.S. government, it’s necessary to recap the rise of an obscure New York University dropout whose genius catapulted him to the top of Philipp Brothers, the most powerful commodities trading company in the world, where he single-handedly created what’s now called the spot oil market. After he left Philipp Brothers (now Phibro-Salomon), Rich founded an oil company and engineered its growth into a multibillion-dollar trading firm. Then he molded his holdings into an international financial conglomerate that gave him access to capital from the four corners of the earth. He bo
