Wednesday, August 06, 2008

Russia to Exxon: "Bend Over Please"

The above title is an apt alternative title to this article.

There is a very good chance that Exxon is going to get the regulatory equivalent of the Bulgarian umbrella. Russia steals and Exxon is there for the robbing, plain and simple, yet Exxon CEO Tillerson probably sealed the deal recently with his honesty about the legal environment in Russia. Stay tuned.

More here.

UPDATE: Rupert Murdoch gets it.

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