6/22/2007

Russian Extortion forces another British company to sell assets on the cheap

The BBC reports today on the selling of another asset being forced out of the hands of a UK firm by the Russian Courts.

In another other country, in any other line of business, this would be called racketeering, extortion, robbery, theft, or just downright gangsterism. however, we let the Russians get away with it.

This ought to be a lesson to anyone wanting to do business with Russia. Don't.

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