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:

A Special Group in the UK will Monitor Financial Flows from Russia
27.01.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Mosaic  buy Russian designers  Must See Places  Marine Biology  Vologda Oblast  physics  3d  Folk Crafts  New Year celebrations  Concerts in St. Petersburg  Russian Cinema  Zaryadye  excursions in Petersburg  Moscow Zoo  investment  Mass Media  Crimea  Yamal Peninsula  spring conscription  Mercedes-Benz Fashion Week Russia  Russian regions  Russian places of interest  Russian Wooden Architecture  winter Olympic Games  Hot Cool Yours  Leningrad Region  Russian tourism  travel to Russia  crimes in Russia  Mansi  Russian business  City Day  Central Bank  Wi-Fi   Exhibitions in Moscow  New Museums  Bolshoi Theatre  Russian Film Directors  fundamental physics  St. Petersburg  Musicals in Moscow  secret agency  Moscow  Russian Animation  Russian football  Exhibition Fairs  Russian Folklore  Festivals in Moscow  Events in Moscow  Festivals in Petersburg 


Travel Blogs
Top Traveling Sites