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  • BP's Rosneft Investment Should Pay Off Handsomely [View article]
    The Yukos travesty should be setting off alarms all over the world. Yukos shareholders rightfully deserve all proceeds in excess of the alleged unpaid Russian tax bill. While Russia pockets all the proceeds, one wonders if the shareholders have legal recourse (outside of Russia) with the new owners of the assets. Let the new owners be compensated by the Russian government.

    Ironically Yukos could have done exactly what the Russian government is doing now, paid off the tax bill and still be a viable business. This is the true litmus test proving that what Putin has done is nationalize private assets under the guise of capitalism only to find some new suckers that pray that the dictator won’t do the same again. If the prayers become the prey it serves them right.

    The world should put a stop to this new form of tyranny. To be silent now would be synonymous with Europe appeasing Hitler after invading Poland. It never stops there.

    Disclosure: This comment was written by a CrossProfit analyst. This is a personal opinion and may not reflect the opinion of CrossProfit.com.
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    Jul 21 07:54 am |Rating: 0 0
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