Word: krutikhin
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Dates: during 2004-2004
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...executive. A Moscow court last Friday overruled the Kremlin's seizure of Yukos' core production unit. The government's strategy is to "play a cat-and-mouse game with the company" to drive down its market value and hope to buy its oil assets on the cheap, asserts Mikhail Krutikhin, an analyst at consultant RusEnergy. Oil users across the globe are trapped in the game...
...leaving the company with only $800 million, while former CEO Mikhail Khodorkovsky remains in jail on fraud charges widely thought to have a political motive. Not surprisingly, Yukos stock had fallen 10.7% by the end of the week. Says Mikhail Krutikhin, an analyst with RusEnergy: "My clients now have just a single question left. Who gets Yukos, once it bankrupts?" Apparently there is an answer. "We know that the successor has been picked - we still don't know exactly [who it is]," says a senior Russian Cabinet official. "The person does not matter, though. It's the type that does...
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