I’ve just come back from the "Ninth" — the Ninth Arbitration Court of Appeal of the Russian Federation. It’s located on Solomennoy Storozhki Passage (unbelievable, by the way — I’ve lived in Moscow for years and had no idea there was a street with a name like that). At 2:00 p.m. they heard the Rosneft appeal, and at 2:15 p.m. the Transneft one. No miracle happened. Both panels of judges, sweet-talking the oil men and casting stern looks at us, took six minutes to issue rulings leaving the Moscow Arbitration Court’s decisions unchanged and dismissing the appeals. Rosneft’s representative performed brilliantly. The guy flat-out said: **we did the math — this shareholder owns some millionths of a percent. What’s the point of giving him information if he has no influence over decision-making? **At that point, even the judge seemed embarrassed: she said that was irrelevant to the case and told him not to pursue the subject any further. Well, never mind. We’ll go to cassation appeal, and we’ll write the judges’ names down in a little black book. Someday the time will come to examine who covered up the massive theft in state corporations, and then that little book will come in handy. And as for Rosneft, we’ve uncovered a few more remarkable facts and leads.