Tag Archives: Lawyer

Jew of the Week: Sol Price

Sol Price (1916-2009) was born in New York City to Jewish-Russian immigrants from Belarus. He grew up in San Diego, where he earned a philosophy degree at San Diego State University before getting a law degree from the University of Southern California. Price was admitted to the bar in 1938. After over a dozen years as a business lawyer, Price had an idea to open a new kind of department store, offering wholesale prices on quality goods sold in bulk. Price opened his first store, called FedMart, in an old airport hangar in 1954. He charged a small membership fee ($2 per family) and kept prices even lower by avoiding advertising, major credit cards, and expensive real estate, and maintaining a small inventory. The model was a great success, and Price expanded rapidly. He pioneered many innovations in retail, including being the first to sell gasoline at wholesale prices, and being the first to have an in-store pharmacy and opticianry. By 1974, FedMart had 45 stores and over $300 million in sales. The following year, FedMart was bought out by a German retailer, and Price was soon kicked out of the company. He then started a new chain, Price Club, in an old factory once owned by Howard Hughes. Price Club expanded quickly, too, and went public in 1980. A few years later, one of Price Club’s employees teamed up with a wealthy lawyer (whose own Jewish family was successful in retail) to start a competing wholesaler, called Costco. In 1993. Price Club merged with Costco to form PriceCostco, together having 206 locations and $16 billion in sales. By 1997, Costco became the official company name, and today, Costco has over 700 locations around the world, with 85 million members, and 174,000 employees. It is the second largest retailer, and the 18th richest company in the world, with $120 billion in revenue. Costco is second only to Wal-Mart. Ironically, Sam Walton wrote in his book that he “borrowed” most of his ideas from Sol Price, and called his store “Wal-Mart” because he liked Sol Price’s FedMart! Not surprisingly, Price is often called the “father of the wholesale retail industry”. He was also a generous philanthropist, having donated tens of millions to various causes, especially in his hometown of San Diego.

Passover Starts Monday Evening!

Words of the Week

On his birthday, a person should meditate, recall and contemplate his past, and correct and repent that which requires correction and repentance.
Rabbi Menachem Mendel Schneerson, the Lubavitcher Rebbe

Jew of the Week: Ruth Bader Ginsburg

Justice Ruth Bader Ginsburg

Justice Ruth Bader Ginsburg

Ruth Joan Bader Ginsburg (b. 1933) was born in Brooklyn to an observant Conservative Jewish family. After earning a degree from Cornell, she pursued law at Harvard – one of just nine women in a class of 500 – and then completed her law studies at Columbia. During this time, she became the first ever woman to be published in two law reviews. She would later co-found the first law journal dedicated to women’s rights, and participated in some of the greatest cases on women’s rights before the Supreme Court. Not surprisingly, she is considered one of the key figures in ending gender discrimination. In the early 60’s, Ginsburg was a law researcher, spending time at the prestigious Lund University in Sweden (and co-authoring a book in Swedish). Following this, she was a law professor at Rutgers, and then at Columbia, where she was the first female professor to get tenure. In 1980, Ginsburg was appointed to the US Court of Appeals, and after 13 years of service, was elected to the Supreme Court (by an overwhelming 96 to 3 Senate vote). She has served continuously since then, and still rules on the Supreme Court today, despite being the oldest Justice at 82 years of age, and having battled two different cancers. Amazingly, she has never missed a single day of her Supreme Court duties. In 2012, she traveled to Egypt to assist in their transition to a democracy. True to her feminist roots, a couple of months ago Ginsburg co-authored ‘The Heroic and Visionary Women of Passover’ that looks at the central role of the female figures in the Exodus story. She has been ranked by Forbes as one of the ‘100 Most Powerful Women’ and among TIME’s list of 100 greatest icons.

Update: Sadly, Ruth Bader Ginsburg passed away on September 18, 2020.

Words of the Week

You can’t have it all, all at once. Who—man or woman—has it all, all at once? Over my lifespan I think I have had it all. But in different periods of time things were rough. And if you have a caring life partner, you help the other person when that person needs it.
– Ruth Bader Ginsburg

Jew of the Week: Moe Berg

Baseball Player, Lawyer… and Secret Agent 

Moe Berg

Moe Berg

Morris Berg (1902-1972) was born in New York to Russian-Jewish immigrants. He began playing baseball at age 7, and by 16 was on Newark’s baseball “dream team”. He studied first at New York University, then Princeton, and graduated with a degree in languages, learning to speak seven of them. By his senior year, he was captain of Princeton’s baseball team. A day after his last game with Princeton, Berg signed a contract with the Brooklyn Robins. In the off-season, he headed to Paris and continued his studies at the world-famous Sorbonne (University of Paris). There, he began a personal routine of reading as many as 10 newspapers every single day. Berg was never very good at baseball, and was often traded and loaned between many different teams. Always a scholar first, in 1926 he told the Chicago White Sox that he is skipping spring training because he was enrolled in law school at Columbia University. He earned his law degree in 1930, and then split his time between baseball in the summer and working at a prestigious Wall Street law firm in the winter.

In 1932, Berg toured Asia, visiting Japan, China, Siam, India, and Egypt. A couple of years later, he returned to Japan with a video camera, later traveling to the Philippines, Korea, and Russia, before returning to play with the Red Sox for 5 seasons, then coaching the team for 2 more. After the attack on Pearl Harbor, Berg joined the war effort and eventually became a spy. He shared his video footage of Japan, which was instrumental in planning American raids during the war. After serving in South America and the Caribbean, Berg was parachuted into Yugoslavia to assist resistance groups fighting the Nazis. His next mission was to travel across Europe and convince scientists working for the Nazis (particularly on their nuclear bomb project), to come work for the U.S. instead. In 1951, he requested that the CIA station him in Israel. Instead, they sent him to Europe to spy on Soviet nuclear work. In 1954, the CIA let him go and for the rest of his life Berg lived with his siblings, having never married. His wishes were to be cremated, and his ashes were scattered in Jerusalem. Berg was inducted into the Jewish Sports Hall of Fame, and Baseball’s Shrine of the Eternals. He was awarded the Medal of Freedom, and his baseball card is on display at CIA headquarters. Berg was described as “the most scholarly professional athlete”, and the “strangest man ever to play baseball.”

Words of the Week

If you begin a good deed, finish it, for a mitzvah is credited to the one who concludes the task.
– Talmud, Sotah 13b