I have, much to my chagrin, failed to say enough about this. It is unequivocally outrageous and antisemitic.* It is pernicious and it is stupid. [Most forms of prejudice -- and antisemitism prominently among them -- generally are quite stupid.]
Now that you know how I really feel, let me recommend an outstanding article by Anthony Julius and Alan Dershowitz from the London Times. It is a tour de force.
It is also available in a much longer form.
*Just because there are some Jews involved does not inoculate it against charges of antisemitism. Jews can be antisemitic. Blacks can be racists. Women can be sexist. And most readers of this blog know people who fit into each of these categories.