From The Independent today:

The chief of staff of Israel’s military was under pressure yesterday after a disclosure that he sold about £14,500 of stocks within three hours of the Hizbollah border raid that triggered the Lebanon conflict.

Dan Halutz, head of the Israel Defence Force (IDF), was reported by the Israeli newspaper, Maariv, to have instructed his investment manager on 12 July to sell his personal portfolio, just as senior military and political figures were discussing the military response to the raid, in which two soldiers were abducted.

There is no suggestion General Halutz did anything illegal and the newspaper quoted him responding to what he called the “malicious and tendentious” report that the sale could not be linked to the war. He said he had made the decision because of previous losses and added: “At the time I did not expect or think that there would be a war.”