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Russian banksters have the decency to flee the country

Russia rescues Bank of Moscow in record bail-out

The bank's erstwhile head, Andrei Borodin, has fled the country

Russia's fifth largest bank, Bank of Moscow, has been given the biggest bail-out in Russian history.

The $14bn rescue came after another bank, VTB, gained control through a hostile bid, only to uncover bad loans valued at $9bn - a third of the bank's assets.

more at link

by Anonymousreply 211/13/2012

Flee? They're probably buried in a forest outside Moscow. Not a bad resolution.

by Anonymousreply 107/02/2011

of course they fled...they don't want to be killed or put in jail for life. lol

by Anonymousreply 211/13/2012
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