• 17 Feb 2009 at 4:10 PM

Hibernation Might Be A Good Option

By Equity Private

putin-validimr.jpgYes, the S&P 500 shed four and a half percent today. Yes, the Dow dropped three and a quarter percent. Yes, the bailout index dropped almost eleven and a half percent. But this feels like a walk in the park compared to Russia’s trubs. Consider:

Russian stocks fell the most in three months, triggering trading halts in the two largest bourses, as the country cut its economic forecast and oil prices declined.
OAO Surgutneftegaz, Russia’s fourth-biggest oil producer, tumbled 15 percent. OAO Sberbank, the biggest lender, slumped 14 percent, while VTB Group, the second-biggest bank, dropped to a record low.
The 30-stock Micex Index lost 9.4 percent to 645.18 at the close in Moscow, the most since November. The RTS Index also dropped 9.4 percent, to 552.03. Both the Micex Stock Exchange and RTS halted trading for an hour today. The ruble weakened more than 3 percent versus the dollar.

It wasn’t twelve months ago when Russia’s Putin was flying Bears into U.S. airspace, killing dissident journalists with everything from midnight assassination squads to bombs to Polonium-210 and generally scaring everyone again after 20 years. Now he looks like a Madoff sibling.
Russian Stocks Tumble as Economic Outlook Worsens, Oil Declines [Bloomberg]
Related: Commodities Crash Decimates Russian Billionaires [The New York Post]

Comments (30)

  1. 1
    Posted by guest | February 17, 2009 at 4:13 PM

    …another southpaw. What’s the deal with that???

  2. 2
    Posted by guest | February 17, 2009 at 4:20 PM

    uh…rocket scientist @ #1
    with spin casting that is right handed you shmuck

  3. 3
    Posted by guest | February 17, 2009 at 4:23 PM

    Nobel Prize Winner #2: His watch is on his right hand, thus the southpaw designation. Try to keep up.

  4. 4
    Posted by guest | February 17, 2009 at 4:25 PM

    Who is that gorgeous hunk of blubber?

  5. 5
    Posted by guest | February 17, 2009 at 4:26 PM

    LOL @ Gasparino (4)

  6. 6
    Posted by guest | February 17, 2009 at 4:27 PM

    Have another vodka tubbo

  7. 7
    Posted by guest | February 17, 2009 at 4:29 PM

    Blubber is a great word. I wish people would use it more, it makes me chuckle and want to make fun of fat people.

  8. 8
    Posted by guest | February 17, 2009 at 4:31 PM

    Say bye to Jon Winkelried….

  9. 9
    Posted by guest | February 17, 2009 at 4:35 PM

    @8- how do you figure?

  10. 10
    Posted by guest | February 17, 2009 at 4:37 PM

    @ 8 He got caught up in the big Gasparino Goldman Meeting Scandal of 2009

  11. 11
    Posted by guest | February 17, 2009 at 4:38 PM

    Maria looks terrrrible today.

  12. 12
    Posted by guest | February 17, 2009 at 4:40 PM

    …today?

  13. 13
    Posted by guest | February 17, 2009 at 4:40 PM

    In Soviet Russia, blubber take KGB out of you.

  14. 14
    Posted by guest | February 17, 2009 at 4:45 PM

    He is a righty:
    Shooting a gun:
    http://www.russianspy.org/putin_shooting-gun.jpg
    Kissing a pregnant lil boy’s stomach:
    http://www.smh.com.au/ffximage/2006/07/07/putin_wideweb__470x351,0.jpg

  15. 15
    Posted by guest | February 17, 2009 at 4:46 PM

    He is a righty:
    Shooting a gun:
    http://www.russianspy.org/putin_shooting-gun.jpg
    Kissing a pregnant lil boy’s stomach:
    http://www.smh.com.au/ffximage/2006/07/07/putin_wideweb__470x351,0.jpg

  16. 16
    Posted by guest | February 17, 2009 at 4:48 PM

    Clearly everything is ass-backward in the Motherland so rightys wear watches on right hands.

  17. 17
    Posted by guest | February 17, 2009 at 4:49 PM

    From Pravda,
    …”Mr. Putin seems to be a right-handed person. However, he wears his watch on the right wrist. In addition, Putin often uses his left hand to take notes out of his right pocket.”

  18. 18
    Posted by guest | February 17, 2009 at 4:56 PM

    @2 is correct.

  19. 19
    Posted by guest | February 17, 2009 at 5:01 PM

    He can do complex tasks wih either right or left hand? So he’s amphibious?
    ~Former Aquila gas marketer

  20. 20
    Posted by guest | February 17, 2009 at 5:10 PM

    Bunch of outlaws in Russia. Only idiots would invest in Russia.

  21. 21
    Posted by guest | February 17, 2009 at 5:11 PM

    @20
    and the US is what?

  22. 22
    Posted by guest | February 17, 2009 at 5:41 PM

    #2
    moron

  23. 23
    Posted by guest | February 17, 2009 at 6:10 PM

    That’s not a fishing pole. It’s a mechanical penis. He’s just cranking it up.

  24. 24
    Posted by trojan | February 17, 2009 at 6:39 PM

    trubs? really ep? you sound like every uws girl i know who went to trinity

  25. 25
    Posted by guest | February 17, 2009 at 10:42 PM

    That’s the off season look for Putin. First of March he’ll be back on Trenbolone 75 migs EOD with some Test Cyp 250 migs weekly. Watch out bitches he’ll be one sexy mofo when the summer rolls around.
    Don’t be putin your sputnik all over my face bitches.
    SPODE

  26. 26
    Posted by guest | February 18, 2009 at 3:10 AM

    I’m a righty that wears a watch on my right wrist and spin casts with my right hand; what’s polonium?

  27. 27
    Posted by Cincinnatus C | February 18, 2009 at 9:29 AM

    that’s not blubber. Putin’s built like a freight train. he could snap obama’s neck like a twig in a heartbeat…
    i can just imagine some sniveling eastern bloc puppet president in a meeting with him…they must literally fear for their lives…

  28. 28
    Posted by Cincinnatus C | February 18, 2009 at 9:29 AM

    that’s not blubber. Putin’s built like a freight train. he could snap obama’s neck like a twig in a heartbeat…
    i can just imagine some sniveling eastern bloc puppet president in a meeting with him…they must literally fear for their lives…

  29. 29
    Posted by guest | February 18, 2009 at 9:30 AM

    btw he is 56

  30. 30
    Posted by Cincinnatus C | February 18, 2009 at 9:32 AM

    #10 and #14…thanks for the laughs..those were good…

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