Why is this offensive

I was reading an article on ESPN.com about a former NBA player, turned CBA coach who is being suspended for his "anti-semitic" comments.

Before Tuesdays game against the Yakima Sun Kings, Richardson made anti-Semitic comments to two reporters in his office when discussing the contract general manager Jim Coyne had offered him Monday to coach his team in the CBA and USBL.

"I've got big-time lawyers," Richardson said, according to the Times Union. "I've got big-time Jew lawyers."

When told by the reporters that the comment could be offensive to people because it plays to the stereotype that Jews are crafty and shrewd, he responded with, "Are you kidding me? They are. They've got the best security system in the world. Have you ever been to an airport in Tel Aviv? They're real crafty. Listen, they are hated all over the world, so they've got to be crafty."

And he continued, "They got a lot of power in this world, you know what I mean?" he said. "Which I think is great. I don't think there's nothing wrong with it. If you look in most professional sports, they're run by Jewish people. If you look at a lot of most successful corporations and stuff, more businesses, they're run by Jewish. It's not a knock, but they are some crafty people."

Maybe it's just me but as a Jew I wasn't insulted at all, so he said we're a crafty group of people, and that's supposed to hurt my feeling??

The world is getting to PC when you can't even compliment people, albeit using a stereotype, without getting suspended.