Results tagged “Russia” from Dealbreaker

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Russians Party Like It's 1998

For whatever reason the Russians are sort of the of the suburban teenager of the ultra-rich age. They go absolutely crazy at the mall when they have a few bucks in their pocket, and melt down into a pile of...

I Hear London Is Beautiful This Time Of Year

Here's a thought experiment: What would you make of the Deputy Prime Minister of a large country that insisted that, compared to the rest of the world, centralized regulation like price or production caps would be difficult to impose in...

In Soviet Russia, Agencies Buy You

Well, someone over there is thinking. The motherland believes it has seen quite enough of agency shenanigans, thank you very much. There will be no more of that nonsense on Putin's watch. Now let's have no more of this so...

Hibernation Might Be A Good Option

Yes, 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...

The Bear (Rug)

Poor Russia. All those dreams of greatness, renewed world position, and (dare we say it) power. For awhile there they looked realistic. Putin was General Secretary of the Communist Party of the Soviet Union President of the Russian Federation Prime...

We're Bigger Than U.S. Steel

Who said the Russians don't know bailout? When Mikhail Fridman (close ally of Putin's administration) got himself on the wrong side of Deutsche Bank and friends to the tune of $2 billion, the Kremlin simply wrote him a check, which...

"Ok, I Pay, I Pay"

Russia decided to pull a SAC after a 10 percent on the "technical index" triggered a halt. Looks like that's going to be the story of the day all over. Circuit breaker Friday. Russia's Micex Halts Trading Until Next Week...

He Was With His Benz When He Died Though

Every minute you look up, another hedge fund is in meltdown, rumored to be in meltdown, rumored to be in meltdown right before melting down, denying it is in meltdown, right before melting down, or is just simply melting down...

Just Buy On The Dips, Right?

Given that the Russian exchanges hit their circuit breakers earlier today following a 15% plunge, I suppose it's not surprising that markets took one on the temple right off the bat. S&P 500 futures had a 1-2% drop figured since...

Q&A on WTF Is Going on with Russia And Georgia, Part II: What's The World Going to Do About It?

[Warning: This is the second half of a two-part series and it's just as long as the first part. Again, if you're not into reading, this isn't for you]. In the first part of this forum, I asked three regional...

Q&A on WTF Is Going on with Russia And Georgia, Part I: Who Started It?

[Warning: This is the first of a two-part series and they're both REALLY long. If you have little patience, intelligence, interest in what's going on in the Russian/Georgian conflict, or think that Russia took over Atlanta, this isn't for you....

Too Chinese To Fail: Fannie And Freddie's Other Government Sponsors

Fannie Mae and Freddie Mac are often referred to as "government sponsored entitities" but which government are we talking about? As it turns out, the Russians, Taiwanese and other funds sovereign hold most of the bonds of these companies. China,...

Full Service Bank

Barclays Plc second-half profit may have fallen twenty-one percent on asset writedowns but you needn’t pity the UK bank, which is about to acquire a controlling stake in Russian pin-up calendar manufacturer Expobank. Yes, for the bargain price of about...