Haim Saban, a billionaire Israeli-American donor to the Democrats has announced he won't be donating to President Obama's re-election effort.
Michelle Caruso-Cabrera of CNBC reports:
The most prominent Israeli-American business leader in the United States, Haim Saban, says President Obama needs to do more to show his support of Israel in light of the President's comments last week suggesting Israel needs to return to its pre-1967 borders to achieve peace with the Palestinians.
In an exclusive interview with CNBC, Saban, one of the biggest individual supporters to the Democratic Party and chairman of Saban Capital Group, said Obama needs to visit Israel as he has done with other countries in the Middle East.
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