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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Louis V. Lambrecht who wrote (4454)8/27/2001 4:21:29 PM
From: Raymond Duray  Read Replies (1) | Respond to of 33421
 
Hi Louis,

I think Chevron needs to hire you as a pipeline consultant. You sound like you might want to keep Kazakis honest. A mighty large assignment. <g>

The experience with Russian bonds isn't really quite as atrocious as you suggest. The Soviets were pretty darn good at honoring older Imperial debt. It's only this new kleptocratic crowd who are thoroughgoing scoundrels.

R.