lbo-talk-digest V1 #5959

ChrisD(RJ) chrisd at russiajournal.com
Mon Apr 8 01:10:50 PDT 2002


Date: Sun, 7 Apr 2002 23:42:13 -0400 From: "pms" <laflame at aaahawk.com> Subject: Re;Capital outflow from Russia said declining

The reason is not only the "rigorous" Russian investment climate. In their opinion, "competition from very aggressive local capital which is redundant so far" also has its say.

Chris, could you flesh-out what this means in real-life terms. There aren't enough things to invest in for the locals?? --------------- "Very aggressive local capital" is probably a euphemism for "mafia."

Chris Doss The Russia Journal



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