Talk:Russian Railways
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[edit] Tsarist bond
It was financed through the issue of vast quantities of Railway bonds, carrying a Russian governement guarantee. These bonds were then sold to French private investors under immense pressure from both the French and Russian governements, French banks (in those years the major French banks derived up to 30% of their net profits from Russian affairs), and corrupt journalists who wrote up favourable reviews on Russian finances in the French press (see "The first globalization, lessons from the French", Suzanne Berger, Raphael Dorman, Helen Starbuck, Massachusetts Institute of Thechnology, and "Les Emprunts Russes, de la ruine au remboursement", Joel Freymond, ed. Journal des Finances, Paris). Thes bonds were illegally repudiated by the Bolsheviks in 1918, leading to the ruin of thousands of French households. In 1999 a French government survey counted 316000 holders of unpaid Tsarist bonds (including Russian Railway bonds).
The present day holders ([www.empruntsrusses.winnerbb.com]) intend to pursue their claim by all legal means and in any jurisdiction they deem fit until full settlement.
This part is removed from the main article. It should be mention as a part of the article on Tsarist bonds not here. Fisenko 16:56, 7 August 2007 (UTC)
