Friday, October 9, 2009

Horror flick

Had to pass this along (originally at zerohedge).

As people invest money in the explosive BRIC(Brazil, Russia, India and China) economies and funds doing business there, remember why - flawed as things are here - US accounting and regulation standards offer investors much more protection than certain overseas markets.

This video is about Hermitage Capital, a Russian investment firm, victim of incredible fraud involving convicted murderers and Russian tax officials.

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