Why Did Halutz Sell Shares After Hezbollah Attack?

Why did Halutz sell his shares hours after soldiers were kidnapped? Embarrassment is prevailing in the Israel Defense Forces after reports on Tuesday that Chief of Staff Lt.-Gen. Dan Halutz sold market shares on July 12, the day Hezbollah kidnapped two soldiers in a cross-border attack.

Sources close to Halutz confirmed the reports to Ynet. "The chief of staff manages his family's financial affairs in a current manner like any Israeli citizen," an official statement read.

Israeli officers were amazed by the reports Tuesday morning, with some saying the news is embarrassing.

"The chief of staff is not a private man and everything he does, even away from the public eye, has an impact on the whole country. I don't want to judge but the atmosphere is really not good," an officer said.