Smolensky fortune - further info
Discussion
Found this information in an article in the business press, entitled "Big profits, but even bigger risks", about the so called 'Masters of the Universe' bankers, and I thought fellow PHers and TVR afficionados might be interested.
Quote: "met with Alexander Smolensky, a Russian oligarch facing bankruptcy as a result of the crisis. In Smolenksy’s Moscow mansion, he bought the oligarch’s $1.2 billion portfolio of Russian eurobonds for about $500m"
I assume this Mr Smolensky is the father of TVRs latest owner and that (in part at least) this explains where all the cash has come from. By the sound of the article, the wy they have arrived at having a small fortune is by starting with a big one!
The article goes on to outline various other Russian individuals, linked to Russian government and commerce, who may not have been operating within the rules. (How nice it must be to find a mysteriously donated Merc S Class on your drive, with the keys posted through your letter box!)I hasten to add that this is not the implication with the Smolenskys, and I hope this continues to be the case...
Full article here: Times
Quote: "met with Alexander Smolensky, a Russian oligarch facing bankruptcy as a result of the crisis. In Smolenksy’s Moscow mansion, he bought the oligarch’s $1.2 billion portfolio of Russian eurobonds for about $500m"
I assume this Mr Smolensky is the father of TVRs latest owner and that (in part at least) this explains where all the cash has come from. By the sound of the article, the wy they have arrived at having a small fortune is by starting with a big one!
The article goes on to outline various other Russian individuals, linked to Russian government and commerce, who may not have been operating within the rules. (How nice it must be to find a mysteriously donated Merc S Class on your drive, with the keys posted through your letter box!)I hasten to add that this is not the implication with the Smolenskys, and I hope this continues to be the case...
Full article here: Times
Gassing Station | General TVR Stuff & Gossip | Top of Page | What's New | My Stuff