Armin Medosch on Thu, 31 Jul 1997 15:04:10 +0200 (MET DST) |
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Re: <nettime> Soros as media virus |
I agree that the name Soros has become kind of a media virus. Now I donīt want to contribute to the "is soros good, is soros bad?" - discussion. I only want to report what I read in the Financial Times, Wednesday 30th of July. There Mr.Soros is cited as "having problems with doing big investment in countries in which his charitable foundations are very active". But concerning Russia he has overcome this problem between himself as philantropist and as big player in the international investment business. Recently he invested 1 billion $ (dollars) in the russian telecommunications holding company Svyazinvest, which is controlling stakes in 88 regional telephone companies and in Rostelekom, the national long distance and international carrier. By this move Soros is now partner of Oneximbank, a russian banking empire, which is, together with a few other banks, running the russian privatisation business in a very oligarchist way (see the soon coming privatisation of Rosneft, the huge state oil company). Mr. Soros certainly dislikes the Oligarchism of his new business partners but that didnīt stop him from becoming shareholder in their business. So what next? Will he buy himself into Russian national television? Or is that allready privatised and sold to Time Warner? Yours armin --- # distributed via nettime-l : no commercial use without permission # <nettime> is a closed moderated mailinglist for net criticism, # collaborative text filtering and cultural politics of the nets # more info: majordomo@icf.de and "info nettime" in the msg body # URL: http://www.desk.nl/~nettime/ contact: nettime-owner@icf.de