Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Leonard Blavatnik Calls US Judiciary Arbitrary
20.02.2013 22:03
Leonard Blavatnik Calls US Judiciary Arbitrary
Photo Credit: http://www.bornrich.com

The US billionaire of Russian origin with a net worth of $16.2 billion has complained that it is very arbitrary in its decisions. 

      
The co-owner of the AAR consortium made the statement amid ongoing litigation against JP Morgan.  

      
Being a long-time client of the bank, he entrusted it with a hefty sum that he hoped would be re-invested for more gain. 

      
But JP Morgan poured his billion dollars into mortgage-backed securities, losing him 10 percent of the initial funds.

      
He claims the deal he originally signed with the bank included a no-loss clause.



Author: Mikhail Vesely

Tags: Leonard Blavatnik AAR TNK-BP Rosneft  

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Maryana Naumova  Yuri Gagarin  St. Petersburg  obituary  Krasnodar region  Russian economy  Penza  Natalya Goncharova  Kinotavr  Trash  Anti-Semitism  Satellites  War Monuments  Pskov Region  Russian tourism  Moscow  Russian science  Exhibitions in Russia  speed limit  Russian gas  Kabardino-Balkaria  Russian mobile operators  Football  Interactive Maps  Russian Photographers  Khokhloma Painting  Smolensk  Parks in Moscow  Exhibitions in Moscow  Chelyabinsk  Russian scientists  Moscow libraries  Moscow Museums  anniversary  Russian business  Yandex  Mikhaylovskoye  Knevichi airport  Yekaterinburg Airport  Russian theatre  Mercedes-Benz Fashion Week Russia  Exhibition Fairs  Paramonovs Warehouses  Manezh Square  Russian Avant-Garde  Electronics  migration in Russia  Belokuriha  Russian Cinema  Russian Fashion Designer 


Travel Blogs
Top Traveling Sites