[lbo-talk] RE:Russia privatization

[Chris Doss]

I think this a continuation of the attack on Khodorkovsky. I think Cohen and 
Klebnikov are right: This is an attack on the system of oligarchy, not 
individual oligarchs, by the government. Khodorkovsky was chosen first 
because he is the biggest, the baddest and the hardest to take down.

What you are watching is the death agony of the oligarchs and the 
transformation of Russia into an authoritarian, dirigiste state-capitalist 
system, probably based on something like chaebols. Or that is my view.

We will see what happenes to the Yukos shares that got frozen. I think they 
will eaither be renationalized or given to a company that will serve as a 
proxy for the state (Abramovich would be a good guy to do this). In short, 
Yukos will become an oil Gazprom.

If I were Chubais, I would be worried.


>
>Well, I assume this winnowing process will 1) strengthen Putin in a number 
>of ways 2) justify those privatizing operations that pass the test. There 
>will be some interplay between 1 and 2. This is not necessarily good news.
>
>Joanna
>
>
>___________________________________
>http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk

_________________________________________________________________
Find high-speed ‘net deals — comparison-shop your local providers here. 
https://broadband.msn.com