Top 5%
Well folks. It looks like my move out of EUROX, an Eastern Europe fund with a lot of Russian assets, 18 months ago was maybe a bit early but right on the money. There is no rule of law in Russia and the Kremlin and Vlad Putin will continue to use allegations of corruption and a pseudo-legal aparat to steal assets and industries. Wittness the BP investment mess as well as what happened to Royal Dutch Shell in the far east last year. Russia is a kleptocracy... a nation of thieves. This deal in Georgia is only the beginning. If any of you own companies with large investments in Russia...sell.
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Top 97%
ramigabai
Aug 11 at 5:18 ET
This is the begining of World War 3..