Article

2014-08-01 Caribbean-Latin America

Venezuela Seeks Buyer for Citgo Petroleum

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Posted by Pappy 2014-08-01 00:07|| || Front Page|| [11131 views ] Top

#1 Eating the seed corn now, huh?
The government of Venezuela is in it's next to final phase. Expect them to invade a neighbor for the follow up.

Posted by ed in texas 2014-08-01 07:11|| 2014-08-01 07:11|| Front Page Top

#2 The Chinese should pick that up in a minute. They have enough clout, and no care about international repercussions, that if the regime in Caracas tries to pull a fast one, it'll hurt big time.

Posted by Procopius2k 2014-08-01 08:16|| 2014-08-01 08:16|| Front Page Top

#3 Nationalization protocols to be included with the sale docs?

Posted by Uncle Phester 2014-08-01 09:08|| 2014-08-01 09:08|| Front Page Top

#4 Nationalization is part of the reason they're selling. They're facing some hellacious lawsuits.

Posted by Pappy 2014-08-01 10:18|| 2014-08-01 10:18|| Front Page Top

#5 The Brave New Mercantilist World, where the Chinese are allowed to make money but we're not.

Posted by Thing From Snowy Mountain 2014-08-01 10:55|| 2014-08-01 10:55|| Front Page Top

#6 ..there were always (Taiwanese) Chinese who were big time merchants. It's the observation that its the ComChi's who are big mercantilists these days that's impressive.

Posted by Procopius2k 2014-08-01 11:10|| 2014-08-01 11:10|| Front Page Top

#7 Maybe Joe Kennedy will buy it...

Posted by tu3031 2014-08-01 11:32|| 2014-08-01 11:32|| Front Page Top

#8 And the Chinese won't pay up on any of the lawsuits, either.

Posted by gorb 2014-08-01 12:09|| 2014-08-01 12:09|| Front Page Top

#9 Congress won't allow just any buyer.

Posted by Shipman 2014-08-01 16:21|| 2014-08-01 16:21|| Front Page Top

#10 Never mind Citgo. How much for Venezuela itself?

Posted by SteveS 2014-08-01 16:33|| 2014-08-01 16:33|| Front Page Top

#11 Congress won't allow just any buyer

Of course not. Only to the highest ~~campaign donation and slush fund~~ bidder.

Posted by Procopius2k 2014-08-01 18:58|| 2014-08-01 18:58|| Front Page Top

23:16 USN, Ret.
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