The railroad barons built railroads; the oil barons found oil. The
current crop of Russian rich have come to their money either through
organized crime or through the wholesale theft of state assets in the
1990s. There is a difference.
Nathan
On 23-jan-2008, at 5:42, Moose wrote:
> Piers Hemy wrote:
>> As in "this impressive, new Russian Orthodox church, a sign of
>> Russian
>> money, most of it earned in various dodgy ways, having made its
>> way to
>> Spain"?
>>
>> Would the same commentary not have applied to Andrew Carnegie, JP
>> Morgan,
>> John D Rockefeller etc in their time?
>>
> Not quite the same, as they kept the money in the country where they
> earned it, whatever one may think of their methods. Same with the
> Western railroad "barons" and many others.
>
> John Jacob Astor might be an exception, as I assume much of his wealth
> in the fur trade came out of Canada.
>
> Moose
>
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