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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?

To: P.T.Burnem who wrote (703)	9/21/1998 12:09:00 PM
From: John Liu	Respond to of 1301

Interesting 4 part series in Los Angeles Times this week on Russia. Started yesterday and suppose to end Wednesday. Lets just say not very flattering stories. John

To: P.T.Burnem who wrote (703)	9/21/1998 1:27:00 PM
From: Real Man	Read Replies (1) \| Respond to of 1301

If you own too much in Russia, you get killed. Probably, that's the major reason for not owning mansions in Russia - too many windows.

To: P.T.Burnem who wrote (703)	9/24/1998 11:56:00 AM
From: P.T.Burnem	Respond to of 1301

From Russia With Empty Pockets "There are sensible Western banks,'' central bank chairman Viktor Gerashchenko told reporters after the cabinet meeting. ''But their stubbornness in their conservative, excessively greedy position could mean they will receive nothing.'' ... The Russian Finance Ministry said its plan for repaying frozen short-term debt would probably fail to satisfy foreign holders of the paper. It also proposed a six- to 12-month ban on repatriating revenues held by foreigners in special accounts.