Guess Who's Buying Russian Corporate Debt on the Cheap?

[ymetca]

Yep. Our "old pals" JP Morgan Chase and Goldman Sachs, among other hedge fund sociopaths...

https://www.bloomberg.com/news/articles/2022-03-03/wall-street-is-already-pouncing-on-russia-s-cheap-corporate-debt

Disgusting, right?

War is a racket

[TexasTowelie]

1. Hopefully they will lose every penny of their investments. nt

[rampartc]

17. they are "too big to fail."

we taxpayers will cover their losses because "capitalism."

[Kid Berwyn]

22. That's only fair.

Think of welfare for the well-to-do as your civic duty.

[mitch96]

20. As their adverts say "we are into long term investing"

Rothschild said: "buy their stocks when there is blood in the streets."...uff
I guess it's that whole buy low sell high thing...
m

[RockRaven]

2. Glass half full: this incentives them to 1)support replacing Putin & getting Russia out of Ukraine

so that 2)sanctions etc can be lifted and these companies can get back to making money and paying their debts.

Glass half empty: this incentives them to skip the Putin/Ukraine part and just lobby to remove sanctions etc, so these companies can get back to making money and paying their debts.

Yeah, these assholes are just going to go to the second step first...

[PoliticAverse]

3. Is it time for their next bailout yet? n/t

[KS Toronado]

12. They can ask Putler next time.

[CentralMass]

4. Bottom Feeders.

[underpants]

5. Well of course they are

Yes, war IS a racket.

[Nevilledog]

6. Thought for sure it'd be Kushner.

[AdamGG]

10. He can't afford it

[mitch96]

21. Kushner. probably has his hands in it somehow but thru LLC's and the like..

Plausible deniability...
m

[I_UndergroundPanther]

7. We need to bankrupt

And seize all the assets of all the ogliarches .

They are corrupt and meddle in politics.

Fuck them.

Make them ordinary citizens.

That would free up shitloads of money to better the lives of the American people,the non rich majority.

Stuff like free college,universal healthcare among a whole lot of other good things. With that money we might even stop global warming.

A big education program aimed at kids,adults about narcissists authoritarians,psychopaths and bullies just might save democracy.

[RainCaster]

8. That should be illegal

Doing any business with Russia should not be allowed.
Or written off on taxes.
Or excused.

Jailed would be acceptable to me.

[turbinetree]

9. Let me see people fleeing a democratically elected government by a authoritarian jerk.....

who is trying to literally kill them and take the country, and people are fleeing to a safe haven, because said dictator is killing people and destroying the infrastructure .......but arbitrage is more important, I just wonder if they can put themselves in those shoes just for one second and just imagine if it was them, this is why I do not like Wall Street.......

[aggiesal]

11. Remarkably, I believe this scene actually applies ...

[DemocraticPatriot]

14. Regarding the million-dollar bounty for Putin's arrest for war crimes---

'we can't quite decide whether he committed suicide, or died while trying to escape....'

~Casablanca


(yes, one of my favorite movies of all time...)

[czarjak]

13. Trickle-Down-Devastation. If only there was enough wealth on the planet to make it go away.

[pnwmom]

15. It's disgusting. But don't conclude from that that Ukraine is part of the "racket"

or that they don't deserve the help of the US and NATO.

[ymetca]

23. Agreed

The pain trickles down to the many, while the profits just keep concentrating into fewer and fewer hands.

The oligarch/kleptocracy problem is a global one.

As granny once said, money is like ketchup --it don't do much good unless you spread it around.

[live love laugh]

16. It should be illegal.

[Celerity]

18. It is the way of the bankster. Utterly expected, zero surprise.

They run the road in the US.

[windje]

19. Time for an excise tax on profit from Russian investments. 110%?

Note that gains to which an excise tax applies can't be netted against losses on other investments 😭

[andym]

24. Could be helpful to Ukraine, when they call in the debt and liquidate the Russian assets

which is what I would expect. Effect would be devastating for the Russians.