Saturday, June 18, 2011

Russia & Global financial cronyism

. Financial Cronyism.
. Goldman Sachs's Russian CEO recently issued an urgent call to invest in Russia.
. Almost to the point of saying "Throw Caution To The Wind"
. Very unbecoming if an investment banker.
. Gives one the impression he is pressed for performance !
. And here comes BlackStone to the rescue
. But only with spare change.
. Blackstone says they will not create a separate country fund but will diversify out
Of existing fund.
. The thing going for Russia are a fast growing pharmaceutical industry
. And a robust consumer economy .
. Maybe there is an angle here, but dip in with your toes like BlackStone
. Don't dive in, whole stock and barrel.

No comments:

Post a Comment