Streetwise Professor

March 21, 2014

UST: Putin the Mark of Cain on Gunvor

Filed under: Commodities,Economics,Energy,Politics,Russia — The Professor @ 1:20 pm

Just landed at O’Hare on my way back from Brussels and Geneva.  Right before taking off I saw that Gunvor’s bond price tanked at the open.  It closed yesterday yielding 10.9 percent, and spiked at the open to 13 percent.  I understand it is still tanked.

In other words, the market either totally disbelieves the story that Timchenko sold out, or thinks that the sale is irrelevant in determining the company’s vulnerability to sanctions or investigation.

My suspicion is the latter, because of the Treasury’s deviously, devilishly clever strategy.  Recall that UST said that Putin is a part owner of Gunvor.  No hedging about that claim, no “may be a part owner”:  a flat statement that Putin is an investor.  It said that Putin might have access to Gunvor funds.

So regardless of whether Timchenko sold, or commits ritual public suicide tomorrow, Treasury has put the Mark of Cain on the company.  Every counterparty, every lender has to have serious, serious concerns that the company may be sanctioned due to the Putin connection.

The tanking bond price makes it clear that the credit markets have serious doubts about the company’s survival prospects.  No doubt this reflects bankers’ serious reluctance to continue to finance a company that the US government has publicly tied to Putin.

Yes, most of Gunvor’s lenders are European banks, but ask Swiss banks about the joy of taking on the US government when it has an important policy objective in mind.  And think of all the leverage the US has over European banks given the myriad ongoing investigations of Libor, FX, ISDA Fix, and on and on.   Even if the Euros don’t sanction Timchenko (or Gunvor) (and they abstained from doing so today, waiting to announce that until I’d left Brussels, the cowards), the US has plenty of leverage over European banks.

The company has the weekend to try to turn things around.  But that Treasury statement casts a huge shadow.   In the current environment, bankers are afraid of their own shadows, let alone the shadow of a US government with blood in its eyes.

Press coverage of this story has been credulous, especially in the FT.  The stories have uncritically repeated Gunvor’s statements that Timchenko sold at fair value, and that there is no option for Timchenko to repurchase.  But they would say that, wouldn’t they?  And the stories don’t point out that the bond market is basically calling BS on Gunvor.

Speaking of fair value, I know Torbjörn Törnqvist is not an idiot.  He can go through the game tree, and realize that there is large probability that his shares, and the ones he purchased from Timchenko, will be worthless.  Meaning that he won’t have paid Timchenko book value, or anything even close.

Which raises the interesting question: if Timchenko is really just a front man for Putin, as the US government asserts, any big discount comes right out of Putin’s pocket.

Which is pretty much the point, isn’t it?  That’s exactly why UST’s statement is a big flashing neon light arrow pointing right at Putin.

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30 Comments »

  1. Looks like Putin is now penniless.

    Craig, when do you expect Russia to surrender to these draconian US sanctions and give Crimea back to Ukraine, or better yet, to the USA directly?

    Comment by vladislav — March 22, 2014 @ 12:39 am

  2. Vladislav, are you really that stupid?

    Comment by Andrew — March 22, 2014 @ 2:22 am

  3. Andrew, everything is relative. To a fool, a wise man is “stupid”.

    A humourless stump takes everything seriously.

    A Russian saying goes: “Everybody understands and interprets according to his abilities”.

    Comment by vladislav — March 22, 2014 @ 2:38 am

  4. Is anyone troubled by the Treasury’s actions? While I fully support doing anything bad
    to Putin we can, are not these actions similar to pressuring bondholders to hand GMAC over
    to the UAW? Or, putting regulatory pressure on bankers who wanted to pay back TARP money
    early?

    Comment by Harry — March 22, 2014 @ 7:45 am

  5. Your humor is about the same as that of Goebbels, not really funny at all.

    And you certainly lack wisdom, along with anything resembling honesty or morals.

    Comment by Andrew — March 22, 2014 @ 12:50 pm

  6. > Cain on Gunvor

    Whatever you say, Guvnor

    Comment by vladislav — March 22, 2014 @ 1:36 pm

  7. @Harry. I understand your qualms about taking actions that could be viewed as expropriation of private property. I gave some thought to this as well. The main differentiating factor is the likely close nexus between Gunvor and the Russian state, and Putin. The Treasury is making such a direct connection the basis for its decision to target Timchenko.

    Of course every Russian oligarch operates at Putin’s sufferance (as the Khodorkovsky case shows), and most likely must provide services to Putin, in the same way as made men must do things for a mafia don.

    But even if one does not feel comfortable in going after, say, Abramovich or Deripaska, the connection between the Russian state and corporate entities is undeniable in the case of SOEs like Gazprom and Rosneft. Gazprom looks set to take control of Ukrainian gas-related assets (pipelines and offshore fields) in Crimea. That would make it a perfectly legitimate target. Rosneft is also a legitimate target.

    The ProfessorComment by The Professor — March 22, 2014 @ 4:47 pm

  8. Vladislav, a quote for you, quite appropriate given your overblown opinion of your own wisdom:

    “A fool thinks himself to be wise, but a wise man knows himself to be a fool.”

    William Shakespeare

    Comment by Andrew — March 23, 2014 @ 4:10 am

  9. Vladislav, a quote for you, quite appropriate given your overblown opinion of your own wisdom:

    “A fool thinks himself to be wise, but a wise man knows himself to be a fool.”

    William Shakespeare

    Comment by Andrew — March 23, 2014 @ 4:10 am

  10. Andrew,

    I am glad that you liked this quote so much that you repeated it twice. Repetitio est mater studiorum.

    So, I presume that you know that you are a fool?

    Comment by vladislav — March 23, 2014 @ 5:28 am

  11. Andrew wrote yesterday:

    > Vladislav, are you really that stupid?

    Today he added:

    > “A fool thinks himself to be wise, but a wise man knows himself to be a fool.”

    Try to guess how a fool perceives wise men, Andrew.

    https://larussophobe.wordpress.com/2009/06/22/editorial-russia-exposed-as-the-black-sheep-of-bric/

    Ostap Bender | June 24, 2009 at 6:04 am
    Russia’s per capita GDP which is more than 3 times higher than that for the other three members of BRIC combined.
    ———————————————-

    Andrew | June 24, 2009 at 6:16 am
    Obviously maths is not Ostaps strongpoint. Russian GDP Per Cap is $15800
    Combined Brazil, China, India is $18900

    As usual Ostap is a lying idiot.
    ———————————————-
    Ostap Bender | June 24, 2009 at 6:35 am
    Sorry, Andrew, but you are not smart enough to grasp the concept of “per capita” average. Averages don’t simply add up. They are weighted, with weights adding up to 1.

    http://en.wikipedia.org/wiki/Per_capita

    Per capita

    It is usually used in the field of statistics to indicate the average per person for any given concern, such as income, crime rate, etc.

    http://en.wikipedia.org/wiki/Weighted_average

    The weighted mean is similar to an arithmetic mean, where instead of each of the data points contributing equally to the final average, some data points contribute more than others. The notion of weighted mean plays a role in descriptive statistics and also occurs in a more general form in several other areas of mathematics.

    Boy, Andrew, you sure know how to step into bula-bula.
    ———————————————-

    Andrew | June 24, 2009 at 7:04 am
    Russian GDP is less than the 3 combined BRIC members.
    ———————————————-

    Ostap Bender | June 24, 2009 at 7:19 am | Reply
    Of course the Russian GDP itself is less than China’s. Russia is about 10 times smaller in population size that China or India. I am talking about the “per capita” figures. Since I didn’t expect you to know what the term “per capita” means, I gave you the definition. But, evidently, that’s not enough to make you understand simple mathematical concepts.
    ———————————————-

    Andrew | June 24, 2009 at 7:43 am
    The per capita figures show that Russian PER CAPITA GPS is less than the combined total for the other BRIC nations.
    Learn to read bender boy.
    ———————————————-

    Ostap Bender | June 24, 2009 at 8:21 am
    Just for you, I input all GDP and population figures for Brasil, China and India into Excel, and got the following numbers:

    The combined GDP of Brazil, China and India is $13 184 624 200 000

    The combined population of Brazil, China and India is 2 688 252 000

    Therefore, the per capita GDP of “Brazil, China and India combined” is $4 904

    The per capita GDP of Russia is $15 800

    Since $15 800 is more than 3 times larger than $4 900, the per capita GDP for “Russia” is more than 3 times larger than the per capita GDP for “the other three members of BRIC combined”.

    Is this enough detail for you, moron?
    ———————————————-

    Andrew | June 24, 2009 at 9:11 am
    Oh now bender boy, I am so sorry to distract you from your hobby of tuning choir boys.
    Please, please dont be mad.

    None the less, the per capita GDP figures are as follows (from your previous post)

    List of countries by GDP (PPP) per capita

    CIA World Factbook
    57 Russia $15,800
    81 Brazil $10,100
    106 China $6,000
    136 India $2,800

    These are the official figures, and as has been commented frequently, they are the ones that count. Wieghted or not.
    ———————————————-

    Andrew, do you ever give up? Can you ever grasp the concepts of “average” and “per capita”? Did the first grade teacher in your school give up on explaining math to you when you reached the age of 25 and promoted you to second grade anyway?

    Oh btw, Andrew, your phrase “tuning choir boys” reflects your favourite hobby at that time: accusing your opponents of being gay and then making ugly, graphic, obscene, hysterical homophobic rants. If you would like, I can search for your top 1000 homophobic rants on the LaRussophobe blog. And YOU dare accuse Putin of not being sensitive enough to gay issues and daring to ban gay propaganda to minors?!

    A list of your top 100 anti-semitic and top 100000000 russophobic rants can also be compiled. You acted like a totally insane man, Andrew.

    Comment by vladislav — March 23, 2014 @ 6:17 am

  12. Sorry for calling you an “insane” man, Andrew. It’s late and my English is deteriorating at this time of night. The proper word is “deranged”. And I wrongly used past tense: “acted”. I meant present tense as well: “act”. And a better word is “behave”:

    You behave like a totally deranged man, Andrew.

    Comment by vladislav — March 23, 2014 @ 6:50 am

  13. Does anybody here (other than the Russians) know the rules of chess?

    http://www.slate.fr/tribune/84635/occident-russie-echecs-defense-alekhine

    La stratégie russe ne sort pas de nulle part, mais d’une légendaire ouverture au jeu d’échecs

    Machine translated:

    Russian strategy did not come out of nowhere – a legendary chess debut

    Throw the ball and hit it, that there are forces – that is the meaning of the American national game of baseball.

    In Europe, the most popular sport is that the two teams are given the ball and they fight for it kicks and elbows – it’s football or rugby. When the Russian want to compete with someone forces, they extract the chessboard slowly arranges figures and think. This explains the difference between the rivals in the party, “which takes place on the geopolitical board from the Dnieper to the Ural Mountains, and in which the bill, oddly enough, while that of the country in favor of Garry Kasparov,” – said in an article writer Rene Dzagoyana published on the portal Slate. fr.

    Summary of the previous 20 years of the match, the author continues. After the collapse of the Soviet Union the United States its first move the pawn in Georgia. Result: Abkhazia came under the control of Moscow, Georgian strategist Zviad Gamsakhurdia deposed. The same thing happens in Moldova: Romania makes pawn move, but all the Transnistrian diagonal horses covered the Russian 14th Army. In a fit of optimism is the same Georgia, confident that it protects American rook blitzkrieg starts making a move d6-e6 in South Ossetia. As expected, this plot Caucasian chessboard ever came under the control of Russia. “Conclusion: for every invasion of their territory Moscow expands and strengthens the position” – sums up the author.

    Not having learned the lessons of the past, Europe and the United States decided to regain the initiative on the “Kiev”, set in motion a pawn “Orange Revolution” and “horse” Viktor Yushchenko and finally “queen” Yulia Tymoshenko. As a result, first strengthened its position with the help of the “bishop”, Viktor Yanukovych, then incurring losses because of him, Moscow took the “Crimea”, leaving the West to deal with 140 billion external debt of Ukraine remainder (approximately 80% of its GDP).

    “In a strange way, this strategy resembles the one that was used in 1921 by the legendary chess master Alexander Alexandrovich Alekhine – said the writer. – The essence of this strategy – Alekhine defense – is a very simple maneuver: in response to the progress of the white pawn offer horse without any protection . White attracted easy prey, move a pawn forward to attack, then another, and another, each time weakening their own defense. Eventually, the horse at the right time, one after another, patiently, eats all the brave pawns and other pieces, while the party not over. ”

    “In Russia, Alekhine considered the greatest chess genius. There is no doubt that such skilled players like Putin and Lavrov, practiced his defense many times – wrote Dzagoyan. – However, became a French citizen in the year of his first victory at the World Cup, has lived a significant part of life in Paris and was buried at Montparnasse Cemetery, Alekhine did not leave followers in France. Anyway, as we see, is not at the Quai d’Orsay. “

    Comment by vladislav — March 23, 2014 @ 7:17 am

  14. В США национальная игра состоит в том, чтобы бросить мяч и изо всех сил врезать по нему битой. Это бейсбол.

    В Европе самые популярные игры заключаются в том, чтобы кинуть мяч двум командам, которые будут бороться за него ногами или локтями. Это футбол и регби.

    В России же, когда хотят оценить соперника, достают шахматы, неторопливо двигают фигуры по клеткам и думают. Победителем выходит тот, кому удается заранее просчитать будущие ходы соперника. Это и есть кардинальное отличие в партии на геополитической шахматной доске между Днепром и Уралом. В ней счет до настоящего времени, как ни странно, до сих пор складывается в пользу родины Гарри Каспарова.

    Методичное отвоевание позиций и территорий

    Итоги игры за последние 20 лет:

    После распада СССР США сделали первый ход в Грузии. В результате этой попытки Абхазия оказалась под контролем Москвы. Грузинский стратег Звиад Гамсахурдия свергнут.

    Параллельно с этим Вашингтон перешел в наступление в Баку, задействовав своих турецких «коней»: Азербайджан схлестнулся с маленькой Арменией. В результате нефтеносная страна лишилась своего преимущества, и спорная армянская территория, Нагорный Карабах, оказалась в руках его исторического населения. Стоявшему за кампанией президенту Азербайджана Абульфазу Эльчибею пришлось в срочном порядке собирать чемоданы.

    То же самое произошло и в Молдавии, где после хода Румынии Приднестровье оказалось под защитой 14-й российской армии.

    В приступе оптимизма, который вызвала уверенность в защите американских ладей, Грузия (да, снова Грузия) решила устроить блицкриг по схеме d6-e6 в Южной Осетии. С ожидаемыми результатами: этот участок кавказской шахматной доски окончательно перешел под контроль России. Действовавший чемпион Михаил Саакашвили был вынужден раньше времени отойти от дел и уступить место пророссийски настроенному Бидзине Иванишвили.

    Получается, что при каждом наступлении на ее территорию Москва только укрепляла и расширяла свои позиции.

    Пешки, конь и ферзь

    Как бы то ни было, Европа и США явно не усвоили уроков прошлого и в начале 2010-х годов решили вновь взять в руки инициативу в Киеве. Они двинули вперед пешек «оранжевой революции», затем коня Виктора Ющенко и, наконец, ферзя Юлию Тимошенко.

    Слон Виктор Янукович сначала позволил Москве укрепить позиции, но затем сам же их и порушил. Тем не менее, Россия передвинула свои фигуры в Крым с его военными базами, предоставив Западу разбираться со 140 миллиардным внешним долгом остальной Украины (80% ее ВВП). В этом году киевским властям предстоит выплатить в общей сложности 65 миллиардов, причем 2 миллиарда предназначаются Газпрому за поставки топлива по цене в треть от мировой.

    Если принять во внимание снижение международного спроса, систематическое разграбление украинской казны государственным аппаратом и полное отсутствие сбережений у местного населения (средняя зарплата по стране составляет 308 долларов), становится совершенно очевидно, что Европе и США достается в наследство обескровленная экономика, выжить которой до настоящего времени удавалось исключительно благодаря российским вливаниям. И раз восточный канал теперь перекрыт, то инъекции придется обеспечить западным странам.

    Вялое возмущение

    В 2009 году Европа выделила 110 миллиардов евро кредитов для спасения Греции, а в 2012 году приняла решение еще о 130 миллиардах. В таких условиях возникают сомнения, что она сейчас готова взвалить на свои плечи еще и Украину. Да, если верить французскому МИДу, демократия бесценна, однако вряд ли Франция, которой нужно каким-то путем сэкономить 50 миллиардов, волшебным образом достанет из ниоткуда миллиардов 20, чтобы заткнуть старательно проделанные украинскими олигархами и «царьками» (нередко это одни и те же люди) дыры.

    Учитывая то, во сколько может обойтись спасение страны от хаоса и ее населения от гражданской войны, рискну предположить, что Лоран Фабиус, который недавно грозил России «санкциями» за Крым, в скором времени начнет пугать ее карой за то, что та отдала нам остальную Украину.

    Глядя на бьющий ключом энтузиазм Ангелы Меркель при мысли о том, что ей придется снова раскрывать кошелек, возникает уверенность, что Брюссель на пару с Вашингтоном в скором времени попытаются избавиться от груза этой новой демократии и позволят Москве взять на себя часть бремени путем более или менее официальной аннексии русскоязычного востока страны по отработанной в Косове схеме. Все это, разумеется, как обычно, будет сопровождаться вялым возмущением наших правительств.

    Легендарный гроссмейстер

    По сути, Москве и не нужно ничего делать. Ей остается только дождаться, когда после наступления Запада запланированный сброс Украины не произведет нужный эффект. А потом уже можно будет забирать оговоренную часть территории.

    Как ни странно, но эта стратегия напоминает шахматную защиту, которую разработал в 1921 году легендарный гроссмейстер Александр Александрович Алехин. Все сводится к одному довольно простому маневру: в ответ на ход белой пешки нужно выставить вперед коня безо всякой защиты. Увлеченные легкой победой белые начинают одну за другой выставлять вперед пешки и в результате с каждым ходом все сильнее ослабляют свою оборону. Затем, в точно выбранный момент, конь терпеливо одну за одной бьет все не в меру отважные пешки и остается на месте до конца партии.

    В России Алехина считают непревзойденным гением шахмат. Нет сомнений, что такие умелые игроки как Путин и Лавров неоднократно отрабатывали эту защиту.

    Александр Алехин получил французское гражданство в тот же год, что и первый титул чемпиона, прожил в Париже большую часть жизни и похоронен на кладбище в Монпарнасе. Тем не менее, у него не осталось учеников и последователей во Франции. Во всяком случае, точно не во французском МИДе.

    Читать далее: http://inosmi.ru/russia/20140320/218794736.html

    Comment by vladislav — March 23, 2014 @ 7:20 am

  15. Ah Ostap, I knew it was you.

    I don’t have any problems with homosexuals, I do have problems with someone like you.

    Don’t worry, I’ll be posting all your racist posts from LR presently….

    Comment by Andrew — March 23, 2014 @ 8:34 am

  16. By the way Ostap, how are all your gay friends in Moscow doing now, given the fact they are considered western agents?

    Comment by Andrew — March 23, 2014 @ 8:37 am

  17. So, ostap, do you really want me to post all your anti Georgian bile, your slagging off of ethnic minorities in the USSR etc?

    By the way, how does your Ukrainian ex wife in Odessa view the current business? She sure made the right decision ditching you.

    Comment by Andrew — March 23, 2014 @ 8:47 am

  18. And Ostap/Vladislav, I have missed baiting you. It was always so easy to get a reaction from you.

    I fondly remember your insistence that the Russian soldiers giving the Nazi salute entering Georgia were not Russian because of the 5 pointed star on the collar badges. Pity it was the badge for Russian land forces….

    Comment by Andrew — March 23, 2014 @ 9:21 am

  19. Andrew, I would love to see how much stuff (if any) you’ll be able to dig up from my old posts that would make me feel embarrassed (other than for wasting my time on you). To get you encouraged, I will re-post an old article I wrote about you that I still find quite funny. It’s a short compilation of some of your homophobic rants:

    http://lerussophob.wordpress.com/2010/07/01/andrew-the-gay-georgian/

    Glenn // May 14, 2009 at 9:24 am
    Andrew, are you gay?

    Andrew // May 14, 2009 at 9:29 am
    I suspect you are the gay one (usually people insult others with what they fear in themselves).
    ————————

    Really? Very interesting… So, what do you fear in yourself, Andrew?

    ————————

    Andrew // March 27, 2009 at 4:11 pm
    Sphynx, are you a tranny? Or maybe a pederast?

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // September 12, 2009 at 5:06 am
    Butt-plug is the same sort of slimy, lying little pederast… vermin like butt-plug

    Andrew // September 12, 2009 at 5:22 am
    Now butt-plug,….

    Andrew // September 12, 2009 at 4:46 am
    Try watching it butt-plug, or are you too busy molesting little boys?… more realisticly called butt-plug from now on… Once again butt-plug

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // January 17, 2010 at 12:55 pm
    Oh Arthur, just because you are uptight about your homosexuality…… Though maybe you are uptight about your homosexual tendencies because, like Putin, they involve little boys??

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // April 13, 2009 at 4:37 am
    BTW “I’m Russian” YOU show all the mental conditions of a paedophile, or most likely a pederast.

    Andrew // June 9, 2009 at 10:04 am
    You are the joke “free”, to much of a left wing paedophile to use your name in your post.

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // June 9, 2009 at 10:22 am
    free, stop going on about little boys. We all know the predilection those such as yourself have for underage males

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // April 19, 2009 at 9:40 am
    No Misha,…. pederast Lavrov stated publicly…

    Andrew // February 23, 2009 at 3:20 pm
    Well “Leonid V Marchenko, I am in a much better position to judge the opinion of Georgians than a pederast like you

    Andrew // November 26, 2009 at 4:48 am
    .. a racist little douchebag like yourself kgb pederast.

    Andrew // August 5, 2009 at 5:14 am
    Considering the overwhelming Russian tendency to pederasty and paedophilia I am sure AKM has a lot of experience in lubing up while waiting for it to come again.

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // May 8, 2009 at 5:23 pm
    military “officers” pimp out their conscripts to be raped by rich Russian pederasts.

    Andrew // December 31, 2009 at 8:47 am
    Looks like “Jason” is just the latest reincarnation of …. Bi-Gay-Curious Putin worshipper

    Andrew // May 9, 2010 at 3:49 pm
    No, read the report dima dickhead.

    Andrew // May 26, 2009 at 8:43 am
    Well Algymuff, it seems that buggery was pretty normal in Russia…. Medieval Russia was apparently very tolerant of homosexuality.

    Andrew // April 30, 2009 at 7:21 pm
    Hey Pedophile, I mean Russophile

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // August 11, 2009 at 5:48 pm
    Its a well known fact that those most insecure in their sexuality try the hardest to be “macho”.
    ————————

    Is that why you try the hardest to be “macho”, Andrew?

    ————————
    Andrew // January 16, 2010 at 5:08 am
    There are a lot more about the wonders of gay life in Russia…
    ————————

    Really? How much more? How did you become an expert on the “ wonders of gay life in Russia”, Andrew? Personal experience or nights spent drooling while surfing the gay internet? What “gay wonders” make you wonder the most?

    ————————
    Andrew // January 16, 2010 at 5:08 am
    you are the one who defends Putins pederastic tendencies.. Medieval Russia was apparently very tolerant of homosexuality…

    Andrew // January 18, 2010 at 11:33 am
    However Russia does have a long and proud tradition of homosexual behaviour in General and pedophilia in particular.

    Andrew // January 18, 2010 at 10:29 am
    So you deny Putin is a paedophile despite film evidence of him kissing a boy on the stomach in public? Or are you and the MBLA still considering that normal behaviour?

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // June 27, 2010 at 3:39 pm
    you work as a male prostitute for gay Russian ex-pats, you end up in the trailer park….

    Andrew | January 17, 2010 at 8:52 am
    Now Arthur/Michael Tal, given your previous admission of enjoying the Russian gay underground lifestyle…….

    Andrew | January 17, 2010 at 12:55 pm | Reply
    Oh Arthur, just because you are uptight about your homosexuality and lack of humour……
    Though maybe you are uptight about your homosexual tendencies because, like Putin, they involve little boys??

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // August 11, 2009 at 5:48 pm
    Well, Medvedev and Putin probably do have THAT sort of relationship according to rumour. And those shirtless photo’s do have to make you wonder.
    ————————

    Images of a shirtless man “ make you wonder”, Andrew? Wonder about what? Is that what you do when you go to public beaches in the summer: wonder?

    ————————

    Andrew | January 18, 2010 at 10:29 am

    So you deny Putin is a paedophile despite film evidence of him kissing a boy on the stomach in public? Or are you and the MBLA still considering that normal behaviour?

    Andrew | January 18, 2010 at 11:28 am | Reply

    Well I do think that Medvedev and Putin have a passive active relationship. As shown by their somewhat “intense” relationship. However Russia does have a long and proud tradition of homosexual behaviour in General and pedophilia in particular.

    Andrew // August 11, 2009 at 5:48 pm
    Russian gay chat rooms and blogs were particularly intrigued by the photos: some claimed that Putin, by stripping to his waist, was somehow pleading for more tolerance for homosexuality in Russia

    Andrew // January 16, 2010 at 5:08 am
    Medvedev obviously enjouys having another mans hand up his arse…..So you deny Putin is a paedophile… Well I do think that Medvedev and Putin have a passive active relationship. As shown by their somewhat “intense” relationship…However Russia does have a long and proud tradition of homosexual behaviour… the MBLA…

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // February 4, 2010 at 5:30 am
    Now Arthuretta, don’t project your homosexual fantasies onto others, we all know you get your jollies from perverted dreams of all boys schools, as evidenced by your homoerotic posts…..

    ————————

    ”Homoerotic posts”, eh? Please tell the readers what particular posts from Arthuretta further arose your homosexual erotic feelings, Andrew. Give an example of sentences in LaRussophobe blog that you find nost “homoerotic”.

    And here are the comments my post received:

    Dmitry
    July 1, 2010 at 5:24 am
    Oh stop mocking him:)

    Konstantin
    July 7, 2010 at 4:42 pm
    Poor guy must be uptight about everything that reminds him of his sexual urges.

    Comment by vlad — March 23, 2014 @ 11:43 am

  20. Andrew, I would love to see how much stuff (if any) you’ll be able to dig up from my old posts that would make me feel embarrassed (other than for wasting my time on you). To get you encouraged, I will re-post an old article I wrote about you that I still find quite funny. It’s a short compilation of some of your homophobic rants:

    http://lerussophob.wordpress.com/2010/07/01/andrew-the-gay-georgian/

    Glenn // May 14, 2009 at 9:24 am
    Andrew, are you gay?

    Andrew // May 14, 2009 at 9:29 am
    I suspect you are the gay one (usually people insult others with what they fear in themselves).
    ————————

    Really? Very interesting… So, what do you fear in yourself, Andrew?

    ————————

    Andrew // March 27, 2009 at 4:11 pm
    Sphynx, are you a tranny? Or maybe a pederast?

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // September 12, 2009 at 5:06 am
    Butt-plug is the same sort of slimy, lying little pederast… vermin like butt-plug

    Andrew // September 12, 2009 at 5:22 am
    Now butt-plug,….

    Andrew // September 12, 2009 at 4:46 am
    Try watching it butt-plug, or are you too busy molesting little boys?… more realisticly called butt-plug from now on… Once again butt-plug

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // January 17, 2010 at 12:55 pm
    Oh Arthur, just because you are uptight about your homosexuality…… Though maybe you are uptight about your homosexual tendencies because, like Putin, they involve little boys??

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // April 13, 2009 at 4:37 am
    BTW “I’m Russian” YOU show all the mental conditions of a paedophile, or most likely a pederast.

    Andrew // June 9, 2009 at 10:04 am
    You are the joke “free”, to much of a left wing paedophile to use your name in your post.

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // June 9, 2009 at 10:22 am
    free, stop going on about little boys. We all know the predilection those such as yourself have for underage males

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // April 19, 2009 at 9:40 am
    No Misha,…. pederast Lavrov stated publicly…

    Andrew // February 23, 2009 at 3:20 pm
    Well “Leonid V Marchenko, I am in a much better position to judge the opinion of Georgians than a pederast like you

    Andrew // November 26, 2009 at 4:48 am
    .. a racist little douchebag like yourself kgb pederast.

    Andrew // August 5, 2009 at 5:14 am
    Considering the overwhelming Russian tendency to pederasty and paedophilia I am sure AKM has a lot of experience in lubing up while waiting for it to come again.

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // May 8, 2009 at 5:23 pm
    military “officers” pimp out their conscripts to be raped by rich Russian pederasts.

    Andrew // December 31, 2009 at 8:47 am
    Looks like “Jason” is just the latest reincarnation of …. Bi-Gay-Curious Putin worshipper

    Andrew // May 9, 2010 at 3:49 pm
    No, read the report dima dickhead.

    Andrew // May 26, 2009 at 8:43 am
    Well Algymuff, it seems that buggery was pretty normal in Russia…. Medieval Russia was apparently very tolerant of homosexuality.

    Andrew // April 30, 2009 at 7:21 pm
    Hey Pedophile, I mean Russophile

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // August 11, 2009 at 5:48 pm
    Its a well known fact that those most insecure in their sexuality try the hardest to be “macho”.
    ————————

    Is that why you try the hardest to be “macho”, Andrew?

    ————————
    Andrew // January 16, 2010 at 5:08 am
    There are a lot more about the wonders of gay life in Russia…
    ————————

    Really? How much more? How did you become an expert on the “ wonders of gay life in Russia”, Andrew? Personal experience or nights spent drooling while surfing the gay internet? What “gay wonders” make you wonder the most?

    ————————
    Andrew // January 16, 2010 at 5:08 am
    you are the one who defends Putins pederastic tendencies.. Medieval Russia was apparently very tolerant of homosexuality

    Andrew // January 18, 2010 at 11:33 am
    However Russia does have a long and proud tradition of homosexual behaviour in General and pedophilia in particular.

    Andrew // January 18, 2010 at 10:29 am
    So you deny Putin is a paedophile despite film evidence of him kissing a boy on the stomach in public? Or are you and the MBLA still considering that normal behaviour?

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // June 27, 2010 at 3:39 pm
    you work as a male prostitute for gay Russian ex-pats, you end up in the trailer park….

    Andrew | January 17, 2010 at 8:52 am
    Now Arthur/Michael Tal, given your previous admission of enjoying the Russian gay underground lifestyle…….

    Andrew | January 17, 2010 at 12:55 pm | Reply
    Oh Arthur, just because you are uptight about your homosexuality and lack of humour……
    Though maybe you are uptight about your homosexual tendencies because, like Putin, they involve little boys??

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // August 11, 2009 at 5:48 pm
    Well, Medvedev and Putin probably do have THAT sort of relationship according to rumour. And those shirtless photo’s do have to make you wonder.
    ————————

    Images of a shirtless man “ make you wonder”, Andrew? Wonder about what? Is that what you do when you go to public beaches in the summer: wonder?

    ————————

    Andrew | January 18, 2010 at 10:29 am

    So you deny Putin is a paedophile despite film evidence of him kissing a boy on the stomach in public? Or are you and the MBLA still considering that normal behaviour?

    Andrew | January 18, 2010 at 11:28 am | Reply

    Well I do think that Medvedev and Putin have a passive active relationship. As shown by their somewhat “intense” relationship. However Russia does have a long and proud tradition of homosexual behaviour in General and pedophilia in particular.

    Andrew // August 11, 2009 at 5:48 pm
    Russian gay chat rooms and blogs were particularly intrigued by the photos: some claimed that Putin, by stripping to his waist, was somehow pleading for more tolerance for homosexuality in Russia

    Andrew // January 16, 2010 at 5:08 am
    Medvedev obviously enjouys having another mans hand up his arse…..So you deny Putin is a paedophile… Well I do think that Medvedev and Putin have a passive active relationship. As shown by their somewhat “intense” relationship…However Russia does have a long and proud tradition of homosexual behaviour… the MBLA…

    Andrew // May 14, 2009 at 9:29 am
    usually people insult others with what they fear in themselves

    Andrew // February 4, 2010 at 5:30 am
    Now Arthuretta, don’t project your homosexual fantasies onto others, we all know you get your jollies from perverted dreams of all boys schools, as evidenced by your homoerotic posts…..

    ————————

    ”Homoerotic posts”, eh? Please tell the readers what particular posts from Arthuretta further arose your homosexual erotic feelings, Andrew. Give an example of sentences in LaRussophobe blog that you find nost “homoerotic”.

    And here are the comments my post received:

    Dmitry
    July 1, 2010 at 5:24 am
    Oh stop mocking him:)

    Konstantin
    July 7, 2010 at 4:42 pm
    Poor guy must be uptight about everything that reminds him of his sexual urges.

    Comment by vlad — March 23, 2014 @ 11:44 am

  21. Lol, unlike you I’m not so insecure to go saving everything. But not to worry, I’ll post your glee at ethnic cleansing later when I have time.

    BTW, nice to see I touched a raw nerve with you. Guess your social life is a bit limited.

    As I said on LR, I guess your exploration of the Moscow gay underground didn’t go down well with the ex wife.

    Comment by Andrew — March 23, 2014 @ 12:37 pm

  22. Vladislav

    I am glad that you liked those quotes so much that you repeated them twice. Repetitio est mater studiorum.

    So, I presume that you know that you are a fool?

    Comment by andrew — March 23, 2014 @ 12:58 pm

  23. > Lol, unlike you I’m not so insecure to go saving everything.

    I don’t save. I google. You should learn this skill too.

    > But not to worry, I’ll post your glee at ethnic cleansing later when I have time.

    Please do. Unlike you, I have noting form my past to be ashamed of (other than wasting time on you and on “AP”). A couple of months ago you promised to post stuff to support your libel against me that I “hated” ethnic Georgians and Ukrainians. When should I expect that?

    Comment by vlad — March 23, 2014 @ 8:16 pm

  24. Andrew> As I said on LR, I guess your exploration of the Moscow gay underground didn’t go down well with the ex wife.

    What “exploration of the Moscow gay underground” are you talking about? Please give the source. Are you back to smearing people with your homophobic paranoia?

    And why would my ex-wife care what I do now?

    Comment by vlad — March 23, 2014 @ 8:20 pm

  25. > I am glad that you liked those quotes so much that you repeated them twice. – See more at: http://streetwiseprofessor.com/?p=8292&cpage=1#comment-124333

    I had to do so because the first post didn’t register boldface and italics.

    > So, I presume that you know that you are a fool?

    How’s that? Please share your logical chain here.

    Comment by vlad — March 23, 2014 @ 8:23 pm

  26. Along the lines of what you say, SWP, the Roosha has hired Goldman Sachs to drum up investor interest – some people have no shame and will do absolutely anything for money:

    http://www.bloomberg.com/news/2013-02-05/goldman-sachs-hired-by-russia-as-corporate-broker-to-boost-image.html

    Andrew – don’t get into a pissing contest with a skunk – the little Kremlinoid troll vladislav

    I know that you will understand this:

    https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-frc3/t1.0-9/1499540_736438943067586_772085412_n.jpg

    And, SWP, and for anyone who does not believe that the Roosha wants to destroy Ukraine, the Roosha circulated a letter to Poland and other countries proposing the – shades of empire – division of Ukraine.

    The revised map tells it all.

    http://www.pravda.com.ua/news/2014/03/24/7020052/

    Comment by elmer — March 25, 2014 @ 8:53 am

  27. Andrew wrote on August 11, 2009 at 5:48 pm:
    > Russian gay chat rooms and blogs were particularly intrigued by the photos: some claimed that Putin, by stripping to his waist, was somehow pleading for more tolerance for homosexuality in Russia

    Really? Interesting. Please give us 5 or 6 quotes form there.

    How many gay chat rooms and blogs do you read per day, Andrew?

    Comment by vlad — March 25, 2014 @ 2:30 pm

  28. Andrew> I fondly remember your insistence that the Russian soldiers giving the Nazi salute entering Georgia were not Russian

    I don’t recall any pictures of “the Russian soldiers giving the Nazi salute entering Georgia”. Are you referring to these pictures:

    http://news.bbcimg.co.uk/media/images/61264000/jpg/_61264170_61264169.jpg

    http://www.agentia.org/imagini-articole/nemtii-vor-o-noua-rasa-ariana-modificata-genetic-8052.jpg

    http://upload.rb.ru/upload/photo/177877.jpg

    http://americathebeautifulconspiracy.com/images/obama%20salute.jpeg

    http://blog.tompappalardo.com/images-blog/nazi-bush2.jpg

    http://revolution-news.com/wp-content/uploads/2013/12/oleg-tyanhybok.jpg

    Comment by vlad — March 25, 2014 @ 4:46 pm

  29. Or maybe, Andrew, you were referring to this picture of your prince:

    http://cdn.motinetwork.net/motifake.com/image/demotivational-poster/0805/jerks-prince-harry-nazi-costume-jerk-jerks-demotivational-poster-1210666310.jpg

    Comment by vlad — March 26, 2014 @ 1:33 am

  30. Actually there was film of Russian scum doing Nazi style salutes while invading Georgia in 2008.

    Some of it is in this video.
    http://m.youtube.com/watch?v=W-NGu4sdmnM

    Comment by Andrew — March 29, 2014 @ 2:57 am

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