EchoVergePress
July 30, 2026
How NYC brothers’ $400M summer camp empire fell apart — rocking the Israel bond market and leaving parents in a panic
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How NYC brothers’ $400M summer camp empire fell apart — rocking the Israel bond market and leaving parents in a panic

Known as the summer camp kings of New York, brothers Michael and David Shabsels amassed a $400 million fortune — but heavy borrowing and rapid expansion has t...

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