[lbo-talk] Oil & Russia

Charles Brown cbrown at michiganlegal.org
Wed Apr 5 13:05:07 PDT 2006


Peter L.

Exactly! This is what the Kremlin is forcing the energy sector to do! One of the reasons why it decided to take over the energy sector in the first place (like most major energy exporters). Russia's oligarchs have heard the message loud and clear - invest at home, as well. Russia's richest now "check in" with the Kremlin to assure that private money is being invested in low margin sectors (it has probably kept more than a few out of jail).

^^^^^^

CB: Sort of the reverse of the ole NEP. Sounds like they are being turned into Socio-garchs.



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