Soros Development Fund announced yesterday it is selling its share-holding of KMB-Bank, the last thing that attached the famous international financier George Soros to Russia. Intesa, an Italian bank group, now owns a control stock of KMB-Bank and is going to turn it into its retail subdivision with Intesa subsidiary bank focusing on operations with corporate clients.
Strange. With Rootin Tootin Putin looking more like a commited socialist every day you’d think Soros would stick around for a while.
Maybe pissing away $26 million dollars on a “flawed candidate” put a dent in his pocket change.
Or maybe he is stuffing his Shillary piggy bank full waiting for ’08.