InvestorsHub Logo

siriuslyricher

03/14/06 3:00 PM

#22035 RE: ken w #22028

Suleiman Kerimov owns Nafta Moscow and he is one of the Internafta partners (this all from various Russian news sources). He is worth 7.1 billion, according to Forbes. The spokesman for Internafta (forget his name) has made his fortune in rare metals. These guys just want to use the banks' money as much as possible so they can put their own money in as many places as possible.

Bleckman told one of the posters on this board that the banks were uncomfortable dealing in rubles and wanted hard assets as collateral - and that's mentioned in the pr or Murphy's latest article (i.e. that the loan is guaranteed by Internafta's hard assets). Perhaps Internafta is increasing the amount of assets available for collateral at this very moment in order to close the deal. Wouldn't that be sweet?