Annals of NYT innumeracy, Bank Rossiya edition
A lesson in how not to value a bank
The NYT has a huge story about the Russian kleptocracy today, centering on a bank you’ve never heard of. The headline is “It Pays to be Putin’s Friend”:
All Stories published by Bull Market on September 28, 2014
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Bull Market
A collection of finance and business writing by @alexisgoldstein, @delong, @dsquareddigest, @DuncanWeldon, @felixsalmon, @jamesykwak, @Mark__Buchanan, @WhelanKarl
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