My article about one of the country’s leading “Effective Managers” was published in today’s Vedomosti. The fortunate son-in-law of the popular blogger t_yumasheva — Oleg Deripaska. His company, UC Rusal, carried out its Hong Kong share offering quite successfully in order to pay down at least part of its enormous $15 billion debt. A tiny bit of money from each of you, my dear readers, went toward bailing out businessman Deripaska. Read and comment.
UC Rusal IPO: There Will Be No Modernization UC Rusal’s IPO in Hong Kong demonstrates better than any statements or reports that good intentions about political and economic modernization are forgotten when it comes to businesses close to those in power. Read in full
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