The Beisky Commission was a commission established by the Israel

Israel

The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

i government on January 7, 1985. Headed by State Comptroller Moshe Biesky it's remit was to examine events surrounding the 1983 Tel Aviv stock market crash

Bank stock crisis (Israel 1983)

The Bank stock crisis was a financial crisis that occurred in Israel in 1983, during which the stocks of the four largest banks in Israel collapsed, and were nationalized by the state.-Background:...

. The report, dated April 16, 1986, concluded that the major Israeli banks had been rigging the price of bank shares over a long period. It called for the dismissal or resignation of many of the heads of the Israeli banking system. Dr Moshe Mendlelbaum head of Bank of Israel

Bank of Israel

The Bank of Israel is the central bank of Israel. It is located in Kiryat HaMemshala in Israel's capital city of Jerusalem, with a branch office in Tel Aviv. The current governor is Stanley Fischer.-History:...

 resigned. Ernst Jephet of Bank Leumi

Bank Leumi

Bank Leumi is an Israeli bank. It was founded in London as the Anglo Palestine Company on February 27, 1902, by members of the Zionist movement to promote the industry, construction, agriculture, and infrastructure of Palestine.-History:...

 retired with a $5 million agreement. Rafael Rakanali refused to resign as head of the Discount Bank

Israel Discount Bank

Israel Discount Bank Ltd. , I.D.B., is one of Israel's three largest banks, with 260 branches, and assets of 171 billion NIS .-History:...

threatening to provoke a banking crisis by withdrawing deposits from the Bank of Israel.