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EScroogeJr (< 20)

velvet reprivatization already in full swing?



December 01, 2007 – Comments (4)

A special read for MakeItSeven and all other American admirers of Putin's economic miracle.

Read it all, don't hesitate to spend several minutes on this article, it's positively beautiful.

"OLEG SHVARTSMAN, Director of FPG Finansgrupp, tells us about the business he heads involving relatives of members of the power block of the Presidential Administration, about the possible creation of a state corporation called "Social Investments", and about the "velvet re-privatization" it has been called upon to carry out." 

4 Comments – Post Your Own

#1) On December 01, 2007 at 8:14 AM, camistocks (59.25) wrote:

Yeah, please give us American democracy and "free" market economics... We foreigners just love your weak dollar, your hedonic statistics, your CDOs, your threats to invade other countries preemptively, the way the NSA is monitoring our emails and internet surfing habits. We love advertisement all 5 minutes during radio or tv shows, we love multimillion dollar suits by somebody who burns his lips, because they are too dumb to know that coffee is ... hot. What about rat infested restaurants in NY? Lobbyists and politicians? A degenerating infrastruture?...


This was just recently:


Spending tips for Russia's richest By James Rodgers
BBC News, Moscow
Standout items include a diamond-encrusted Mercedes

Millionaire Fair

A trip to Russia used to be the style equivalent of being sent to Siberia.

Now there's such a market for luxury goods that Moscow hosts an annual "Millionaire Fair" to show the wealthy how they might choose to spend their cash.

Ladas are no longer the limit.

There are big cars for top tycoons, and toys for the rich boys.

If you don't want to risk getting stuck in Moscow's ever-worsening traffic jams, there are plenty of helicopters to choose from.

Flaunting wealth

All the gold and glitz might not be to everyone's taste, but in today's Russia, if you've got it, you flaunt it. Understatement seemed to be an alien concept.

I love this part :-)

""First of all, taste is very personal. Secondly, the Russians when they take out a wine card they always pick the most expensive one, and they think it's the best. Well, it's not. That's why we are here - explaining the stories behind the brands, explaining what luxury is all about. It's not only about what's expensive."" 

entire article 

A car with diamonds: 


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#2) On December 01, 2007 at 10:44 AM, dwot (29.16) wrote:

Oh my Camistocks, just reading your post I can see that anti-American attitudes are going to go through the roof with with CDO mess and the policies which are only technically not fraud.  Apply an informed consent standard and it is fraud in every sense of the word.

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#3) On December 01, 2007 at 3:06 PM, EScroogeJr (< 20) wrote:

carnistocks, you're sure your name is not carnistocksov? :)

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#4) On December 01, 2007 at 11:04 PM, camistocks (59.25) wrote:

Hey, I'm Pjotr Ludvicovich Camistockov, nice to meet you... :-)

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