Yukos Files for Bankruptcy Protection in U.S.
Did you all catch this bit of news? It is really ridiculous if you ask me.
I quote, "OAO Yukos (YUKO.RS) made what may be one of its last acts of brinkmanship with the Russian authorities, announcing Wednesday it has filed for Chapter 11 bankruptcy protection in a U.S. court." The choice of word, "brinkmanship" is really apt - it is like the last gambit... destined to failure in this case. Do they really think Bush will dare challenge Putin in his own country? I don't think he has the guts for that, honestly.
Though Yukos' fortune is intimately tied to the preposterous rise of the oligarchs, I still think it is a pity that it should be disbanded just like that... it is like a scenario where Microsoft suddenly disappears tomorrow and Bill Gates is reduced to a pauper. Quite unthinkable as yet if you ask me.
You guys and gals can read a report from Smartmoney.com here. And yes, if you are keen to be one of the last visitors to Yukos' website, it is here.
I quote, "OAO Yukos (YUKO.RS) made what may be one of its last acts of brinkmanship with the Russian authorities, announcing Wednesday it has filed for Chapter 11 bankruptcy protection in a U.S. court." The choice of word, "brinkmanship" is really apt - it is like the last gambit... destined to failure in this case. Do they really think Bush will dare challenge Putin in his own country? I don't think he has the guts for that, honestly.Though Yukos' fortune is intimately tied to the preposterous rise of the oligarchs, I still think it is a pity that it should be disbanded just like that... it is like a scenario where Microsoft suddenly disappears tomorrow and Bill Gates is reduced to a pauper. Quite unthinkable as yet if you ask me.
You guys and gals can read a report from Smartmoney.com here. And yes, if you are keen to be one of the last visitors to Yukos' website, it is here.
posted by I speak with my voice at 11:43 PM
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