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By John Helmer in Moscow Sad to say, there is no magic in capitalism. If there were, it would have been entertaining to watch how Polyus Gold, Russia’s leading goldminer, suddenly snapped a losing streak on Friday, and rocketed upward with a 4% share price gain in Moscow (MICEX rouble exchange), 7% on the London […]

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By John Helmer in Moscow Suleiman Kerimov is selling Polyus Gold shares in a bid to raise cash. The market signal triggered a price decline for the Moscow and London-listed share (PGML:LN) of 5% this week through Thursday. A Moscow brokerage is predicting that the selloff may cut the price by 10%. The chain of […]

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By John Helmer in Moscow   This report is powered by kryptonite! Be an Interactive Investigator! Call in if you have news on Superboy’s latest deal! Add your leads to the record of his business acumen!

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The Bank of Moscow disclosed today, without comment, that in obtaining court orders in Moscow and Novosibirsk to seize Vadim Varshavsky’s salary and Moscow apartments, it has also obtained legal sanction for “the restriction of V.E.Varshavsky’s departure from the Russian Federation.”

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By John Helmer in Moscow Vadim Varshavsky, the owner of the bankrupt Estar group of midsize, specialty steel mills, has been hit with court bankruptcy orders in Moscow and Novosibirsk to sequestrate half of his salary as a member of parliament, and at least two apartment residences he maintains in Moscow. The orders by the […]

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By John Helmer in Moscow There is no evidence currently available that Deputy Prime Minister Igor Sechin has anything like the hot-line to God which enabled Noah of biblical fame to master the surge of the Black Sea, and with the help of the birdie — the first spy satellite on record – to make […]

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By John Helmer in Moscow High River Gold (HRG:CN) is being prepared for a sale, along with other goldmine assets of the Severstal Resources group belonging to Alexei Mordashov, to a Chinese buyer. At least, that is what Moscow sources report as the rationale behind a proposed swap of equity for loan, announced by HRG […]

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By John Helmer in Moscow On June 16, 1858, in Springfield, Illinois, the young Abraham Lincoln launched his campaign for a seat in the US Senate for Illinois, with a speech that became famous for these words: “In my opinion, it will not cease, until a crisis shall have been reached, and passed. ‘A house […]

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By John Helmer in Moscow It was ten years ago, almost to the day, that a lawyer from Philadelphia named Bruce Marks had a very smart idea. If you are too small and weak, physically or legally, to recover money you unwisely entrusted to a big Russian crook, Marks recommended going to your nearest federal […]