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The vultures in and around Ukraine

POSTED BY: SIGNYM
UPDATED: Friday, March 27, 2015 12:33
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Saturday, March 21, 2015 11:24 PM

SIGNYM

I believe in solving problems, not sharing them.


Ukraine and the Rothschild Family

A group of large international investors buy out Ukrainian government’s securities. Franklin Templton is one of them. The investment group snapped up Ukrainian international debt with a face value of almost $5 billion at the end of August, nearly a fifth of the country's outstanding international government bonds.

Franklin Templton has all the makings of a «financial vulture». Until now the sum paid by it for 20% of Ukraine’s national debt remains to be a commercial secret. The vultures purchase the securities with low, almost junk, ratings at low prices to demand full payment from issuer afterwards. Argentina is a good example of vultures’ destructive activities. The country made a deal on restructuring with 95-97% of debt holders but the rest happened to be in the hands of financial vultures that spoiled it all by demanding full payment. The vultures (two US investment funds) started court proceedings to make Argentina default. The country may be mercilessly pillaged in case it complies with the ultimatums of vultures and the ruling of US court.

The story is a warning to Ukraine which has sold its securities to Franklin Templton. According to a recent Bloomberg report, the investment fund acts under US jurisdiction and is controlled by Rothschilds, the family known for its death grip.

Last year I wrote in my article The Financial Situation of Kiev Regime and Prospects for Ukraine’s Default that Ukraine may face the very same default that «will never come» according the assurances provided by Ukraine’s Prime Minister Arseniy Yatsenyuk. Some may lose billions, some may acquire unprecedented wealth. As the global experience shows, defaults are seldom impromptu. Normally they are planned. Sometimes the preparations may last for a few years. Ukraine is not an exclusion. It will default on its debts. The time will be defined by sponsors and modest beneficiaries of such organizations as Franklin Thompson. At the moment of writing the article I did not know their names. Now they have come into the open. It’s a sign that the drama is nearing its denouement.

The Rothschilds family has come up with an initiative to create a group of Ukrainian bonds holders to shape a common policy on debt settlement. Rothschild & Cie Banque, a French bank belonging to Rothschild Group, offered its service in the capacity of «go-between» in the talks of Ukraine’s Ministry of Finances and creditors on restructuring the debt. Now creditors are waiting for Kiev to put forward the proposals in mid-March, according to Giovanni Salvetti, Co-head of Russia and CIS at Rothschild Inc., who handles central and Eastern Europe and the Commonwealth of Independent States. Salvetti said there were two opinions among creditors about setting up the committee: those who want to wait and see what the government will say and those who want to set «some hard lines for the potential restructuring, like saying we’re looking for a proposal but be aware that we are not ready to accept X, Y, Z.»

The Bloomberg’s information is not detailed but it allows to make the following conclusions: first, the default of Ukraine is inevitable and the credit holders are aware of this fact, second, the default will be accompanied by restructuring on tough terms unfavorable for Ukraine.

One detail strikes an eye – the leak on the coming default and debt restructuring coincided with the announcement made by the International Monetary Fund that on March 11 it signed off on an USD17.5 billion loan for cash-strapped Ukraine to keep its economy afloat. The IMF loan is spread over four years within the framework of stabilization program. The coincidence may be interpreted in different ways.

Version one. There is no coordination between the International Monetary Fund and the Rothschild group; they vie for the control over the Ukraine’s economy.

Version two. It’s not a «genuine» decision» of the International Monetary Fund but rather a PR-action taken to prevent the further falling of Ukraine’s investment and credit rating.

Version three. The decision is «genuine». Ukraine will get the money but not for some ephemeral «program of economic stabilization». The purpose is to guarantee that Franklin Templeton and other financial marauders acting under the disguise of respectable «investment funds» get full payment on Ukraine’s securities. If so, the Rothschilds and the International Monetary Fund do effectively coordinate their activities.

The security holders are confident in inevitability of Ukraine’s default. In this case the country will be ruled by duumvirate of US government and world financial oligarchy on the basis of the agreement on debt restructuring to be signed in Kiev with the Rotshields.

It can be presumed, that the agreement will confirm the consent of Ukraine’s government on complete privatization of the country, including the rest of state industrial property, land and natural resources. Franklin Templton and other structures belonging to the Rotshields will gain.

Andrey Fursov, a Russian sociologist, historian and writer and publicist (author of several books on modern history), believes that the Rotshields are invisibly present in all Ukraine’s regions, including the eastern part of the country, and sectors of economy. The prime mission is to establish its control over the Dnipropetrovsk Oblast (province) of central Ukraine where Rotshields Europe Bank and Rotshields-controlled Royal Dutch Shell already operate. It can be called a Rotshields legal intelligence gathering station. Experts believe that that the illegal representation is much more effective to include many Rotshields-controlled individuals and companies. Actually the implementation of the program of Ukraine’s sovereign debt restructuring will be based on the data received from Rotshields legal and illegal spy stations in Ukraine.

It’s all not that easy. The Rockefellers have a foothold in the west of Ukraine, the country where they pursue their own goals too. The both groups try to divide the spheres of interests but they cannot do it without bickering. For instance, many experts believe that tycoon Dmitry Firtash is the chief representative of Rotshields in Ukraine. His removal from the scene is attributed to the Rockefellers who effectively use the administrative potential of Washington in Kiev. The emerging duumvirate in Ukraine and the coming default make the situation in Ukraine less predictable.

http://www.strategic-culture.org/news/2015/03/17/ukraine-and-rothschil
d-family.html

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Saturday, March 21, 2015 11:38 PM

GEEZER

Keep the Shiny side up


Oooh.

Provide cites for any of this anti-Semitic propaganda from a source that has no background except their website. Even Wikipedia has no information on Strategic Culture. Lookin' like another Russian maskirovka operation.


"When your heart breaks, you choose what to fill the cracks with. Love or hate. But hate won't ever heal. Only love can do that."

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Saturday, March 21, 2015 11:43 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.


http://www.economist.com/news/finance-and-economics/21635015-controver
sial-strategy-bargain-hunting-bond-trader-where-others-fear

Since 2010, (Michael Hasenstab who manages $190 billion of government debt for Franklin Templeton) has been investing enthusiastically in Ukrainian government debt, and now owns $8.8 billion of the country’s $16 billion of international bonds



http://financial-dictionary.thefreedictionary.com/Vulture+Fund
Vulture Fund
Also found in: Wikipedia.
Vulture fund
A fund that buys distressed debt of commercial companies or sovereign nations at a cheap price and then often sues them for the entire value of the debt. The resemblance to vultures is because these funds profit from the debt of failing companies or poor nations.



http://www.reuters.com/article/2014/11/07/us-argentina-debt-lawsuit-id
USKBN0IR25220141107

The creditors in more than 100 lawsuits are seeking the same injunctive relief that U.S. District Judge Thomas Griesa granted to U.S. hedge funds that spurned Argentina's debt restructurings in 2005 and 2010, and then sued for full repayment of $1.33 billion plus interest.
Argentina defaulted in July after refusing to honor Griesa's orders that it pay the holdout hedge funds, led by NML Capital and Aurelius Capital Management ...



http://www.bloomberg.com/news/articles/2015-03-16/franklin-templeton-s
aid-to-hire-blackstone-for-ukraine-talks

... the Financial Times reported Franklin Templeton won’t accept a cut to its $7 billion bondholdings, citing people it didn’t identify ...




SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

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Saturday, March 21, 2015 11:56 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.


I hope you're satisfied. Because you ceded your right to object to any links I post here, when you failed to list your criteria for 'objective evidence' and deferred to Signy's instead:

http://www.fireflyfans.net/mthread.aspx?bid=18&tid=59569&p=2

Q - What would YOU takes as 'objective evidence'?

A - I'll take the same evidence SignyM seems to ask for any time someone posts anything critical of Russia. Ask her what level of proof she demands.

So, YOU have no opinion? I don't want to be posting links and have you objecting to them with some new-found judgments. Speak now or forever void your option to dismiss my links.





SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

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Sunday, March 22, 2015 2:49 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Originally posted by Geezer:
Oooh.

Provide cites for any of this anti-Semitic propaganda from a source that has no background except their website. Even Wikipedia has no information on Strategic Culture. Lookin' like another Russian maskirovka operation.



Hmmm... let's see, what's in the article that isn't true?

Did Franklin Templeton invest - and lose- a metric crap-ton of money in Ukraine?

Well, according to Business Insider Jan 12 2015-
Quote:

Michael Hasenstab at Franklin Templeton might not be the bond king, but he has a decent claim to the throne. His fund regularly outperforms markets and his peers. But he is probably not feeling so princely about his bet on Ukraine anymore ... According to The Economist, Hasenstab owns about half [The article I posted only claims a 20% ownership] of Ukraine's international bonds. He is the country's biggest private creditor.

http://www.businessinsider.com/michael-hasenstab-franklin-templeton-uk
raine-bond-losses-2015-1#ixzz3V5plxwwn




Is Argentina subject to vulture capital? Well, according to Bloomberg ...

Quote:

talks in Manhattan broke down between Argentina and some of its creditors, the most important a group of hedge funds led by billionaire Paul Singer. On July 30, when a last-ditch workaround failed and the deadline for interest payments of $539 million passed, Argentina went into default for the second time in 13 years.

How does a New Yorker help tip over the second-largest economy in South America a few weeks before his 70th birthday? By being stubborn, self-righteous, clever, and willing to take his decade-long fight against the country to a Las Vegas court, a Ghanaian seaport, weapons warehouses in Maryland, and at least two rocket launches.



http://www.bloomberg.com/bw/articles/2014-08-07/argentinas-vulture-pau
l-singer-is-wall-street-freedom-fighter



Is ROTHSCHILD gathering together holders of Ukrainian bond??? Well, according to Reuters march 5, 2015
Quote:

Rothschild looks to organize Ukraine bondholders ahead of talks
- Boutique investment firm Rothschild has invited investors to organize into a Ukraine creditor group ahead of a sovereign debt restructuring, sources directly familiar with the situation told Reuters.

Ukraine's eastern half, where much of its industry is based, is where government forces are battling pro-Russian separatists, putting the nation at risk of bankruptcy.

Last month, International Monetary Fund chief Christine Lagarde said Ukraine would receive about $40 billion in total funding over the next four years, nearly half from the IMF. Ukraine's finance ministry has said the package would include up to $15 billion from debt talks with creditors, which are expected to start next month.


http://www.reuters.com/article/2015/03/05/us-ukraine-debt-rothschild-i
dUSKBN0M12L620150305



Is Cie Banque part of Rothschild?

Quote:

Rothschild & Cie Banque is a French bank and belongs to Rothschild Group. It provides investment banking, asset management, and wealth management services in France.

https://en.wikipedia.org/wiki/Rothschild_%26_Cie_Banque

Are investment banks and oil companies... specifically Royal Dutch Shell and Rothschilds ... joined at the hip? Well, according to Global Research, not only did they share early funding ...
Quote:

In 1927 Royal Dutch Petroleum discovered oil at Seria off the coast of Brunei, whose Sultan would become the world’s richest man as a result of his loyalty to Royal Dutch. The Dutch and British monarchs who control Royal Dutch merged their company with the Oppenheimer and Samuel’s Shell Oil and Nobel and Rothschild’s Far East Trading and Royal Dutch/Shell was born. Queen Beatrix of the Dutch House of Orange and Lord Victor Rothschild are its two largest shareholders.
but have continuing interlocking directorates
Quote:

The Four Horsemen have interlocking directorates with the international mega-banks. ... RD/Shell has ties with Citigroup, JP Morgan Chase, N. M. Rothschild & Sons and Bank of England. ... Lord Armstrong of Ilminster sat on the boards of RD/Shell, N. M. Rothschild & Sons, Rio Tinto and Inchcape... As a result of the deregulation craze in the US companies no longer have to report their top shareholders to the SEC. According to 1993 10K reports filed by the Four Horsemen, the Rothschild, Rockefeller and Warburg banking combines still control Big Oil.

http://www.globalresearch.ca/the-four-horsemen-behind-america-s-oil-wa
rs/24507


But you could have figured this out if you had gone back to the original article and clicked on their links.

I have to say, as a disinformation specialist, you're really losing your touch. You would have NEVER resorted to such weak and easily-disproved arguments, especially when it comes from not even reading the referenced article. Man, your heart's just not in it, and I'm sure you're not impressing the yung'uns. Geezer, you got to do better!






--------------
You can't build a nation with bombs. You can't create a society with guns.

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Sunday, March 22, 2015 3:25 AM

SIGNYM

I believe in solving problems, not sharing them.


MORE VULTURES: HILLARY CLINTON
Edited for brevity and clarity, but you can find the original at the link below

Quote:

When I first came across the title to this article, I didn’t think much of it. In fact, I almost didn’t even click the link thinking it was just a repeat of a prior expose ...

Fortunately, I did decide to take a look and pretty soon my jaw absolutely hit the floor. Although the Wall Street Journal didn’t play up the connection, I was stunned to see that of all the oligarchs connected to foreign governments who donated to the Clinton Foundation while she was Secretary of State, Ukraine was at the very top. [England was second, Saudi Arabia was third. Well, we know which way SHE'LL swing if she becomes Prez. Personally, I rather vote for Rand Paul than her! -SIGNY]

Between 2009 and 2013, including when Mrs. Clinton was secretary of state, the Clinton Foundation received at least $8.6 million from the Victor Pinchuk Foundation, according to that foundation, which is based in Kiev, Ukraine. It was created by Mr. Pinchuk, whose fortune stems from a pipe-making company. He served two terms as an elected member of the Ukrainian Parliament and is a proponent of closer ties between Ukraine and the European Union.

In 2008, Mr. Pinchuk made a five-year, $29 million commitment to the Clinton Global Initiative, a wing of the foundation that coordinates charitable projects and funding for them but doesn’t handle the money. The pledge was to fund a program to train future Ukrainian leaders and professionals “to modernize Ukraine,” according to the Clinton Foundation...

The Pinchuk foundation said ... that if Mr. Pinchuk was lobbying the State Department about Ukraine, “this cannot be seen as anything but a good thing.”


http://www.zerohedge.com/news/2015-03-21/clinton-foundation%E2%80%99s-
deep-financial-ties-ukrainian-oligarch-who-pushed-closer-ties-e


Who says you can't buy foreign policy?

Hey! I wonder if some of Victoria Nuland's $5B got recycled into Hillary's pocket??

--------------
You can't build a nation with bombs. You can't create a society with guns.

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Sunday, March 22, 2015 10:21 AM

THGRRI


Bullshit propaganda Sig and nothing more. All one has to do is look at the other headlines and false claims to see what your sources' are about.


"Zero Hedge is a financial blog that aggregates news and presents editorial opinions from original and outside sources. It has been described as offering a "deeply conspiratorial, anti-establishment and pessimistic view of the world".


Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management.

Your link has just hijacked the term for it's paper and goes to a propaganda machine. What they do is collect information and twist it so they may spread their ideas of conspiracy.

You spend hours cutting, pasting and spreading the lies of those who wish to influence others to think as they do. It is satisfying to witness with all your efforts not one person has been converted. It is a testament to their intelligence and a beacon shining a light onto your ignorance.

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Sunday, March 22, 2015 12:46 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.



Originally posted by 1kiki:
So you REALLY DON'T CARE if the vast majority of people live short miserable lives while very few are astronomically wealthy and powerful, or if instead the vast majority have decent lives to look forward to. Well, now we know what you stand for.

Originally posted by THGRRI:
Your (sic) a fucking moron: who gives a shit?





SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

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Sunday, March 22, 2015 2:50 PM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Originally posted by THGRRI:
Bullshit propaganda Sig and nothing more. All one has to do is look at the other headlines and false clams to see what your sources' are about.

So now everything is "false reporting" except the MSM?

I find very little false reporting on Zerohedge. They get their news and their facts fast and straight. In this particular instance they were quoting the Wall Street Journal- a source I think even YOU would find reputable. Altho (as I have said before many times) their interpretations are a little cataclysmic.


Quote:

"Zero Hedge is a financial blog that aggregates news
A news aggregator.

Quote:

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management.

Your link ...

Which one? Bloomberg? Business Insider?

Quote:

You spend hours cutting, pasting and spreading the lies ...
From Reuters? WSJ? You must really love Hillary.

Quote:

of those who wish to influence others to think as they do. It is satisfying to witness with all your efforts not one person has learned anything. It is a testament to their willful ignorance and their love of bacon
Fixed it for you.

--------------
You can't build a nation with bombs. You can't create a society with guns.

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Sunday, March 22, 2015 10:45 PM

THGRRI


Quote:

Originally posted by 1kiki:

Originally posted by 1kiki:
So you REALLY DON'T CARE if the vast majority of people live short miserable lives while very few are astronomically wealthy and powerful, or if instead the vast majority have decent lives to look forward to. Well, now we know what you stand for.

Originally posted by THGRRI:
Your (sic) a fucking moron: who gives a shit?






I see you are still lying about what people post or why. No matter, everyone here has experienced that with you. As a matter of fact, I can't remember the last time anyone had anything to say to you other than you are full of shit. Consider it said again.




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Sunday, March 22, 2015 10:46 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.


Originally posted by 1kiki:
So you REALLY DON'T CARE if the vast majority of people live short miserable lives while very few are astronomically wealthy and powerful, or if instead the vast majority have decent lives to look forward to. Well, now we know what you stand for.

Originally posted by THGRRI:
Your (sic) a fucking moron: who gives a shit?




SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

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Monday, March 23, 2015 1:33 PM

SIGNYM

I believe in solving problems, not sharing them.


Squabbling over the barely breathing carcass of the Ukrainian economy, vulture oligarchs pick it apart, one bloody bit at a time: Kolomoysky attempts to grab Ukraine's oil industry, UkrNafta, by taking control of headquarters in Kiev. Kolomoysky is the third-richest man in Ukraine, has triple citizenship in Ukraine, Israel, and Cyprus, and runs his empire from Switzerland. It was his natgas firm, Burisma, that offered a seat on the Board to Hunter Biden (Joe Biden's son).

Quote:

Kolomyski has used Privat's "quasi-military forces" to enforce hostile takeovers of companies, sending a team of "hired rowdies armed with baseball bats, iron bars, gas and rubber bullet pistols and chainsaws" to forcibly take over a Kremenchuk steel plant in 2006,[25] and has used "a mix of phony court orders (often involving corrupt judges and/or registrars) and strong-arm tactics" to replace directors on the boards of companies he purchases stakes in.

https://en.wikipedia.org/wiki/Ihor_Kolomoyskyi


Devin Ackles: Kolomoisky should be punished over his UkrNafta power play

Quote:

Late last night, March 20, the governor of the Dnipropetrovsk oblast, Ihor Kolomoisky, dispatched a group of masked men in military fatigues with bulletproof vests and black bags that, by all appearances, may have held weapons to the headquarters of oil pipeline operator UkrTransNafta in Kyiv and blockaded themselves inside for several hours.

Kolomoisky later justified his actions in a highly offensive interview to several journalists outside of UkrTransNafta’s headquarters, a state-owned company that produces a majority of Ukraine’s oil and a large share of its gas, by saying he was protecting the state enterprise from “Russian saboteurs.”

The interview conducted by Radio Svoboda has already sent Ukrainian media into a frenzy.

In the video, after being asked what the governor of the Dnipropetrovsk Oblast was doing there that late at night, Kolomoisky launched into a tirade of vulgar language, ad hominem attacks and insults against the interviewer and even member of parliament Serhiy Leshchenko (a former investigative journalist who has a long history with Kolomoisky).

Dnipropetrovsk Oblast Governor and billionaire Ihor Kolomoisky talks to Radio Svoboda jounrliats [sic] near the office of the Ukrtransnafta late on March 19.

Kolomoisky, who helped found and financially support some of the first volunteer battalions to fight separatist and Russian forces in eastern Ukraine, has enjoyed a high level of popularity among many Ukrainians and supporters of Ukraine for his service to the nation in its time of need.

His role in stopping a separatist republic from popping up in Dnipropetrovsk and throughout other areas of eastern and central Ukraine was no doubt instrumental in keeping the country from descending into further chaos at a time when it looked like Kyiv could lose control over large swathes of territory following the annexation of Crimea.

Yet the governor’s decision to use the threat of armed violence to contest Ukrainian law and the legitimacy of its lawmakers is simply unacceptable and the authorities in Kyiv, and their partners in Washington D.C. and Brussels, must not ignore the threat that his actions pose to Ukraine and the future of its reforms.

The Battle for UkrNafta

Why the sudden concern over UkrTransNafta? On March 19, the Verkhovna Rada passed a new law “On Joint Stock Companies (on the payment of dividends of joint stock companies)” by a large margin of 275 votes (none opposing), a law that received overwhelming support from all of the ruling coalition’s parties.

The law is an important one for reforming the country’s state-owned joint stock companies – companies that the state hold a controlling share of a company’s stocks (more than 50 percent).

In essence, the new law lowers the number of shareholders present needed to have a vote at a shareholders meeting from “not less than 60 percent” to “more than 50 percent.” In other words, 51 percent of shareholders, not 60 percent of them, will need to be present to vote on issues affecting the company.

This distinction in the new law is particularly important to the fate of UkrNafta, an oil and gas company owned by state-controlled Naftogaz Ukrainy, so important in fact that it has deemed the “UkrNafta” law by some segments of the local media.

Some brief background is needed to understand what precisely the dispute between the governor of the Dnipropetrovsk oblast and the Verkhovna Rada to better understand the situation.

Kolomoisky’s Privat Group owns 43 percent of UkrNafta’s shares and his representatives have reportedly repeatedly refused to attend shareholder meetings, thus making a vote impossible under the old law. In addition to this, the state-owned company is run by individuals close to Kolomoisky, a fact that until yesterday may have been disputable, though few have doubted his influence over the company.

The new law effectively returns control over the state-owned company to the state. The government has complained that it has been unable to gather the minimum number of shareholders needed to hold a vote on issues concerning the state-owned company, such as its management, because Privat Group’s shareholders have neglected to attend shareholder meetings. Under the new law, the state will be able to vote without Privat Group’s attendance.

Contesting democracy

While reverting control back to the state may seem counter-intuitive at a time when Ukraine is pushing to privatize many of its remaining state-owned enterprises, for UkrNafta, and its majority shareholder Naftogaz (a state-owned company), it could be the first move in a series of changes that could signal the end of its horribly corrupt and murky state-run gas sector and the beginning of something new.

Naftogaz itself will undergo an independent audit by Deloitte this year, a long overdue move that will give a real accounting of one of Ukraine’s biggest budgetary black holes and make it more transparent and accountable. This is particularly important now when Ukraine relies on international donors to replenish its coffers and help pay its gas debts.

It would be naive to believe that there are no political or business interests at play here, particularly given the lucrative nature of UkrNafta and Ukraine’s traditionally degenerate political culture. Yet, there is a larger issue at hand that may be easily overlooked in the debate over UkrNafta’s fate; the legitimacy of its democratic institutions.

If Kolomoisky succeeds in pressuring the government to repeal the law or maintain his control over the company, the continued ability of oligarchs to directly influence the decisions of Ukraine’s democratically elected authorities will once more be enshrined as a part of its political and economic reality – a reality that Maidan and its supporters have already expended so much energy, and lost so many lives, to consign to the dustbins of history.


http://www.kyivpost.com/opinion/op-ed/devin-ackles-kolomoisky-should-b
e-punished-over-his-ukrnafta-power-play-383996.html


Kolomoysky and the DPR may wind up with a truce because they're both fighting Kiev. It's like Game of Thrones in there.

--------------
You can't build a nation with bombs. You can't create a society with guns.

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Monday, March 23, 2015 1:45 PM

SIGNYM

I believe in solving problems, not sharing them.


HERE is a very detailed article about the banksters, oligarchs and Nazis who made up the post-Maidan government of Kiev. It was written a year ago, I hadn't seen it until now, but is prescient in directing its attention to who will matter in Ukraine in the following year.

Quote:

Is the West DIRECTLY Responsible for the Massacres In Ukraine?

Eric Zuesse

The key person behind the May 2nd massacre inside Odessa’s Trade Unions Building appears to have been Ihor Kolomoyskyi

Photo courtesy of Wikipedia

who was appointed to be the regional governor in that area by Yulia Tymoshenko, the Ukrainian Presidential candidate that the Obama Administration has apparently been hoping will win the May 25th election to take over the Ukrainian Government, from the junta that the Obama Administration imposed in Ukraine on February 22nd. Just weeks before this coup, on February 4th, the U.S. Assistant Secretary of State for Europe and Asia, Victoria Nuland, chose Tymoshenko’s ally Arseni Yatsenyuk to head the post-coup interim government, which appointed Kolomoyskyi.

Photo courtesy of the White House

Only a few months before this coup, Nuland had asserted that U.S. taxpayers had already invested more than $5 billion, in order to bring “democracy” to Ukraine, by which she was referring to the U.S. effort to oust the Russian-oriented, democratically elected, leader of Ukraine, President Viktor Yanukovych, who had prosecuted and imprisoned Tymoshenko for embezzlement and abuse of governmental office. Tymoshenko was then on 11 October 2011 sentenced to seven years in prison, and was ordered to pay the government restitution of $188 million. She was released from prison less than three years later, two days after the coup, on 24 February 2014. The Ukrainian criminal code was immediately changed, in order to legalize the actions for which Tymoshenko had been imprisoned. This allowed Tymoshenko to run for the Ukrainian Presidency. She had been Prime Minister 2007-2010. Both she and her husband, Oleksandr Tymoshenko, and his father, all three of whom were on the board of United Energy Systems of Ukraine (and thus Ms. Tymoshenko was called “the gas princess”), have been legally prosecuted as embezzling state funds; but so have most of Ukraine’s oligarchs and political leaders (and there’s a lot of crossover between those two categories).

Kolomoyskyi, who lives in Geneva Switzerland, is generally regarded as the second-richest man in Ukraine, with a fortune estimated at about $6 billion. Tymoshenko used to be called “the Eleven Billion Dollar Woman,” but, like all of Ukraine’s oligarchs (including Kolomoyskyi), nobody really knows precisely how wealthy she is, nor even whether she is more, or perhaps less, wealthy than Kolomoyskyi. Almost all of the oligarchs’ money is hidden offshore; so, is invisible.

Most of Ukraine’s oligarchs live in Geneva (like Kolomoyskyi), London (like the Tymoshenkos’ daughter, Yevhenia), NYC, Rome, and other Western cities, and they tend to stash their money in secret bank accounts in tax-haven countries, not only in order to avoid paying taxes, but also in order to make more difficult their being successfully sued by each other, for violating handshake business deals that had helped them to become so rich. After all, illegal contracts cannot be enforced by any legal government (since they’re illegal, and have secret illegal terms). Thus, other means than written contracts — handshake deals — are resorted to between these aristocrats.

For example, in one such case, a Ukrainian oligarch who lives in London, Victor Pinchuk (whose fortune is around $4 billion), is suing Kolomoyskyi by alleging him to have sold him a company, “KZhRK,” for $143 million, and then to have re-seized it from him by force of arms. As is usual (since virtually all of Ukraine’s oligarchs had become oligarchs from the privatizations, or sell-offs of government assets, which accompanied Ukraine’s abandonment of communism), this case hinges on verbal testimony, and the various parties to the case contradict each other. Kolomoyskyi is well known for taking over corporations through his team entering with guns drawn. Pinchuk claims that when Kolomoyskyi did that here, Pinchuk nonetheless, somehow, managed to get Kolomoyskyi to restore Pinchuk to control, but that Pinchuk later discovered “it appears that they may have sold approximately 50% of KZhRK to a third party in 2007?; so, Pinchuk filed suit against Kolomoyskyi, in London, on this murky case.

According to a summary by wikipedia of several news reports: “Kolomyski has used [his banking company] Privat’s ‘quasi-military forces’ to enforce hostile takeovers of companies, sending a team of ‘hired rowdies armed with baseball bats, iron bars, gas and rubber bullet pistols and chainsaws’ to forcibly take over a Kremenchuk steel plant in 2006,[17] and has used ‘a mix of phony court orders (often involving corrupt judges and/or registrars) and strong-arm tactics’ to replace directors on the boards of companies he purchases stakes in.[18] Kolomyski was criticized by Mr Justice Mann in a court case in London involving an attempted hostile takeover of an oil company, with the judge stating that Kolomyski had ‘a reputation of having sought to take control of a company at gunpoint in Ukraine’.”

Consequently, the reports of Kolomoyskyi’s tactics against the Ukrainians who refuse to be ruled by the Obama-installed government in Kiev seem to be consistent with this oligarch’s violent norm. Oriental Review headlined on 14 May 2014, “Bloodbath in Odessa guided by interim rulers of Ukraine,” and reported that, “The information provided below was obtained from an insider in one of Ukraine’s law-enforcement agencies, who wished to remain anonymous for obvious reasons.” The account there is a more detailed one than has ever before appeared, and it’s consistent with those others (such as this and this). It alleges that:

“Ten days before the tragedy a secret meeting was held in Kiev, chaired by the incumbent president Olexander Turchinov [a long-time political ally and business-partner of Tymoshenko; he had destroyed crucial documents in the government’s case against Tymoshenko], to prepare a special operation in Odessa. Present were minister of internal affairs Arsen Avakov [a gangster who was placed on Interpol’s ‘Wanted’ list on 21 March 2012], the head of the Ukrainian Security Service Valentin Nalivaychenko [a long-time NATO agent], and the secretary of the National Security and Defense Council Andriy Parubiy [co-founder of Ukraine’s National Socialist, or Nazi, Party]. Ukrainian oligarch Ihor Kolomoiskiy, the Kiev-appointed head of regional administration of the Dnepropetrovsk region, was consulted in regard to the operation [he being well-experienced in violent operations].

“During that meeting Arsen Avakov … reportedly came up with the idea of using football [soccer] hooligans, known as ‘ultras,’ in the operation. Ever since his time as the head of the Kharkov regional administration he [Avakov] has worked closely with the fans’ leaders, whom he continued to sponsor even from his new home in Italy.

“Kolomoisky temporarily delivered his private ‘Dnieper-1' Battalion under the command of law-enforcement officials in Odessa and also authorized a cash payment of $5,000 for ‘each pro-Russian separatist’ killed during the special operation. [That would be over $500,000, lent by his bank to the Ukrainian Government, to pay for the estimated 116 corpses thus produced.]

“Mykola Volkov [Captain Mykola Volkov Nikolaevich, born 1981 Odessa] was wanted by the Ukrainian police since 2012 for fraud. A couple of days before the operation in Odessa Andriy Parubiy brought dozens of bullet-proof vests to local ultra-nationalists. This video shows an episode of handing the vests to the local Maidan activists in Odessa. Take note of the person who receives the load. He is Mykola Volkov, a local hard-core criminal who would be repeatedly screened [filmed] during the assault on Trade Unionist House gun-shooting at the people and reporting about the ‘incident’ by phone to an official in Kiev.”

This video is one of several that show “Mykola” at various stages during the May 2nd massacre.

Basically, the Kiev regime bussed in far-right or “Pravy Sektor” people, in civilian clothes, to pretend to be separatists and shoot at crowds of people who were supporting a soccer team from the western part of Ukraine and now leaving a soccer match. Whatever members of the local police force hadn’t quit it in protest against the scheme were now employed to bring these enraged western Ukrainian, pro-Kiev, soccer fans to the encampment of the anti-Kiev demonstrators at the Trade Unions Building, to join in setting it ablaze. As indicated in some of the videos (such as this), part of the preparation in advance of the arrival of these enraged western soccer fans was the burning of the tents in front of the Trade Unions Building, where literature had been distributed against the Kiev regime. Regime agents pretended to support the protesters inside those tents, and warned those anti-Kiev people that attackers were coming, and that they’d better go into the building for their own safety. Then, the attackers came and set fire to the tents, and threw firebombs into the building. However, even before many of the anti-Kiev people were incinerated, the regime’s gunmen entered the building’s basement where many of those protesters were hiding, and shot as many of them as they could. Most of the corpses were dragged out and taken away in vans, but the victims on the upper floors were later counted by the police, who announced that 46 people were killed. The actual number is indeterminate, but generally estimated at over a hundred: the number most often cited is 116.

Here is a summary of many of the best videos that were taken of these events and uploaded to youtube. It shows the best-documented massacre in all of history.

Commissioning this massacre wasn’t out of character for Tymoshenko. For example, on 24 March 2014, she was caught, for the umpteenth time, urging the extermination of Ukrainian Russians, and even of all Russians. She said in a tapped phone call, “They must be killed with nuclear weapons.” She seems to have meant this for Russia itself, not just for Russians living in Ukraine: “I’ll use all my connections, I’ll raise the whole world — as soon as I’m able to — in order to make sure.. Bugger! … even scorched earth won’t remain where Russia stands.” So, she was as anti-Russian as a person can be. Perhaps she believes that Obama will unleash nuclear weapons against Russia.

Despite the U.S.’s apparent hopes for Tymoshenko to win in the upcoming May 25th Presidential election, current polls show her as only a weak third, perhaps because most Ukrainians don’t want a President who is as corrupt as virtually all previous leaders (including their former Prime Minister Tymoshenko) have been. The person currently leading in the polls is Petro Poroshenko, the owner of Roshen Confectionery Corporation, Ukraine’s giant choclatier, whose fortune is only around $1 billion. Most of the other oligarchs are in industries such as banking, oil, and heavy industries, such as coal and steel; Poroshenko is unusual in this regard — he didn’t get his fortune from privatizations.

The oligarchs also own all of the country’s airlines (most of which are owned by Kolomoyskyi), and the news media, as well as the banks. Poroshenko, if he is allowed to win on May 25th, might try to restrain the Obama-installed oligarchic forces, but it would require great courage for him even to try to do that, and it would almost certainly fail.

The richest person in Ukraine is generally thought to be Rinat Akhmetov, whose fortune is estimated at around at $12 billion to $24 billion; and he, too, has not committed himself as of yet, except to say that the Ukrainian federation must not break up (which would decimate his export businesses). No one knows how he “earned” his fortune, but it was in the privatizations. He is currently on the fence, because most of his exports and imports have been to and from Russia. But he also relies heavily upon the Ukrainian Government; he is certain to lose from what’s now happening.

Whomever is declared the winner on May 25th, will be taking over a government that’s overwhelmingly being run, at present, by conservative extremists. Now that Obama has placed those individuals so firmly in charge, any path back away from the far right, for Ukraine, will be extremely difficult, at best.

WHY THIS IS HAPPENING

The reason why the Kiev government is ousting Russian-speaking Ukrainians from government buildings in the east is to retain control of the east. CNBC had headlined on May 1st, just the day before these massacres, “IMF warns Ukraine on bailout if it loses east” and reported: “‘This is something of a leap of faith for the IMF and is politically driven by key IMF shareholders [the international aristocracy in the U.S and Europe] to support the (interim prime minister Arseniy) Yatseniuk ‘kamikaze’ administration in its reform efforts,’ according to Tim Ash, head of emerging markets research at Standard Bank.”

That “kamikaze” term there was referring to the following: Euronews on February 27th had bannered “Ukraine’s New Premier Suggests Sacrifices Are Unavoidable.” When Nuland’s choice, the far-right economist “Yats,” became the appointed interim leader, he immediately said: “We need to form a responsible government — and it’s not about personalities, this is about responsibility. You know, to be in this government is to commit political suicide. And we need to be very frank and open. This is the political suiciders.” He was looking to impress the lenders by imposing “austerity” on his country, so that when he’d retire from government, he’d be able to cash in for his having served not Ukrainians, but the corrupt Western lenders to the corrupt former Ukrainian political leaders, who had bought the votes of Ukrainians by this borrowed money, in order to get themselves into positions to skim money from this government that they ran.

Inasmuch as Ukraine’s oligarchs have their billions stashed away in places like Switzerland, it’s clear who will probably end up paying for these billions that they had skimmed off from lenders in Europe and the United States. The masses of Ukrainians obviously will take the losses, if the plan of the IMF and U.S. succeeds. That’s what the Ukrainian civil war is actually all about: getting the Ukrainian public to pay the losses that prior Ukrainian governments had engendered from Ukraine’s monumental corruption, a money-funnelling operation, from the masses to the classes.

How gigantic is Ukraine’s corruption? According to the World Economic Forum, in their “Global Competitiveness Report, 2013-2014,” Ukraine ranks #122 out of the 148 rated nations for “Diversion of public funds,” #143 for “Property rights,” #139 for “Judicial independence,” #130 for “Irregular payments and bribes,” #133 for “Favoritism in decisions of government officials” (otherwise known as cronyism), #143 for “Wastefulness of government spending,” #144 for “Efficiency of legal framework in settling disputes,” #146 for “Efficiency of legal framework in challenging regs,” #146 for “Protection of minority shareholders’ interests,” and #133 for “Reliability of police services.” In other words: it’s already like failed states.

And, going forward, the Ukrainian public won’t even have the poor government services that they’ve had up till now.

Ukraine will then be a libertarian paradise, assuming that this operation succeeds. The government will serve only the “job creators,” nobody else. No more “socialism,” except of the “National Socialist” type. [Note from Washington’s Blog: We disagree with Mr. Zuesse’s reflexive rejection of libertarianism. We believe that some libertarians are highly-principled, while others are corrupt and cynical. Indeed, we believe that is true of all “isms”.]

On 12 May 2014, Burisma Holdings announced, “Hunter Biden Joins the Team of Burisma Holdings,” and reported that, “Burisma Holdings, Ukraine’s largest private gas producer, has expanded its Board of Directors by bringing on Mr. R Hunter Biden as a new director. R. Hunter Biden will be in charge of the Holdings’ legal unit and will provide support for the Company among international organizations.”

The company’s holdings were in eastern Ukraine; so, the operation by Obama and the IMF would need to succeed in order for this appointment to make Hunter Biden a very rich man.

That could be very rich indeed. On 26 August 2012, the Anticorruption Action Center had headlined “Kings of Ukrainian Gas,” and reported that the chief of the Zasyadko gas mine had requested President Viktor Yanukovych to privatize the mine, and Yanukovych responded, “Put the gas deposits in your name, and hand half of them over to Oleksandr [Yanukovych’s son]. Then we’ll give you the mine.” So: “On November 19, 2010, the State Property Fund of Ukraine approves Order No.1710 on the privatization of the O.F. Zasyadko mine. A month later, on December 22, 2010, the government approves a decision to hand nine oil and gas fields in Eastern Ukraine to the Zasyadko mine without organizing tenders. … And the mine then transferred four of them to Inter-Regional Gas Company LLC in Donetsk in 2011.” Then, “In May this year, Inter-Regional Gas Company LLC received the Baranykivska field free-of-charge from the Luhansk Regional Council for exploration and extraction of gas. According to our sources, the company, closely associated with Oleksandr Yanukovych, will soon get five more licenses.” So, Yanukovych’s son was set to become an oligarch. But, “In fact, the tastiest and largest morsels (gas fields) were obtained not by the president’s son, but by a more experienced businessman – Ihor Kolomoisky.” A certain Mr. “Zlochevsky, former Minister of Environment and Natural Resources,” had set up “a Cypriot company – Burisma Holdings Limited,” and placed in it “the largest Ukrainian gas field – Sakhalinska,” owned by an entity, “Ukrnaftoburinnya,” and, in turn, “Ukrnaftoburinnya is owned by a Cypriot company, Deripon Commercial Ltd.” But, “In fact, the end owner of Deripon Commercial Ltd. is a company based in the British Virgin Islands – Burrad Financial Corp. This company has often been involved in various financial schemes of the Privat Group and especially with Ihor Kolomoisky.” In fact, “The Privat Group is the immediate owner” of the entire group of gas companies, including Burisma Holdings. So: Hunter Biden is now an employee of, and co-board-member with, the man who masterminded and oversaw the May 2nd massacre in Odessa.

On 15 May 2014, Voltairenet bannered “In Ukraine, Joe Biden’s Son Mixes Business with Pleasure,” and reported that, “Burisma Holdings, Ukraine’s largest private gas producer, confirmed on 13 May 2014 the appointment of R. Hunter Biden (photo) to its Board of Directors. He will be rubbing elbows with Devon Archer, who has preceded him by a few weeks. … Devon Archer chaired the support committee for the 2004 presidential campaign of current Secretary of State, John Kerry. Devon Archer was the roommate of Christopher Heinz (John Kerry’s step-son) during their studies at Yale University.” It sounds as if the U.S. is strikingly similar to Ukraine. Moreover, it was John Kerry who had advanced Victoria Nuland, from being Hillary Clinton’s official Spokesperson at the U.S. State Department, to the powerful policymaking position of Assistant Secretary of State for Europe and Asia. Had anything really changed since Nuland — raised at Yale, schooled at Choate, and sent to college at Brown — had served as the Deputy Foreign Policy Adviser to Vice President Dick Cheney (who had flunked at Yale)?

And what will result if this operation fails? Two failed states: one half of the former Ukraine pro-“Western”; the other half of it dependent upon Russia, and perhaps a nuclear war being the ultimate outcome (which would be especially likely if this operation succeeds, because its success would surround Russia with nuclear-armed enemies, which would be intolerable for Russia).

A world with no accountability for aristocrats has served them well, but even they might end up suffering from what they are now doing.



http://www.washingtonsblog.com/2014/05/key-man-behind-may-2nd-odessa-u
kraine-trade-unions-building-massacre-many-connections-white-house.html


--------------
You can't build a nation with bombs. You can't create a society with guns.

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Monday, March 23, 2015 5:45 PM

THGRRI





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Wednesday, March 25, 2015 10:43 PM

SIGNYM

I believe in solving problems, not sharing them.


Yeah, like THOSE guys are in Ukraine! Jeez, you're only about 50 years behind the times!

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You can't build a nation with bombs. You can't create a society with guns.

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Wednesday, March 25, 2015 11:30 PM

THGRRI


One of them is and he is no better than the other two.


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Wednesday, March 25, 2015 11:38 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.


Stalin is in Ukraine? I thought he was in the ground.




SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

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Thursday, March 26, 2015 8:18 AM

THGRRI








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Friday, March 27, 2015 12:15 PM

SIGNYM

I believe in solving problems, not sharing them.


As usual, THUGR, what you think and post is so far removed from reality, one can only classify it as "propaganda".

So, in the intermediate struggle for wealth, Poroshenko wins over Kolomoysky. Poroshenko fired Kolomoysky as governor of Dnipropetrovsk, and had a minister jailed, right in the Rada.

So when it comes to negotiating with the bondholders, (which they are doing right now, or will be in a week) represented by Franklin Templeton, Rothschilds & Cie Banque, and the various national bondholders (such as Russia) there will be less confusion on the Ukrainian side of the table as regards to who as what right to sell off which assets and pocket the proceeds.



--------------
You can't build a nation with bombs. You can't create a society with guns.

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Friday, March 27, 2015 12:27 PM

THGRRI


Guns and bombs help keep Russia at bay. Do you have enough?????




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Friday, March 27, 2015 12:33 PM

SIGNYM

I believe in solving problems, not sharing them.


Poroshenko offered Dimitry Yarosh (leader of the Nazi Right Sector/ Pravy Sector party) a job at the Defense Ministry

Quote:

“I can confirm that Dmitriy Yarosh received a proposal from the president to take
up a position at the Ministry of Defense. I would be very pleased if Yarosh were to start working as part of the state administration. I’ll say more: I can see that he is very bored at the Rada. Plus he was wounded in battle. I would be most pleased to create, together with Yarosh, a Volunteer Union for the Defense of Ukraine based on the Estonian, Finnish, and Swiss systems,” Gerashchenko added.



So, in the intermediate struggle for wealth, Poroshenko wins over Kolomoysky. Poroshenko fired Kolomoysky as governor of Dnipropetrovsk, and had a minister jailed, right in the Rada.

So when it comes to negotiating with the bondholders, (which they are doing right now, or will be in a week) represented by Franklin Templeton, Rothschilds & Cie Banque, and the various national bondholders (such as Russia) there will be less confusion on the Ukrainian side of the table as regards to who as what right to sell off which assets and pocket the proceeds.
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