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International Investing / Eastern European Investing


Subject:  Re: Financial Doom in Eastern Europe Date:  10/18/2008  3:20 AM
Author:  lukematt Number:  142 of 161

It's my turn to LOL!

> However, I think the 'loans', in practice, will have adjustable
> payment schedules or dates

You are one smart cookie, aren't you?

If you had given me the opening (rather than filling it for me :-), I intended to write:

"...and what is necessary for those 'bailout' loans to become 'bailout' grants? One flick of an executive pen."

> the money was borrowed from the Austrian bank Reiffeisen(sic).

You gave me an opening!!! You gave me an opening!!! :-)

And who sits on the board of directors for Raiffeisen? Pavel Mertlik, former Czech minister of finance, who gave Investicni a Postovni Banka to CSOB for ONE CR