Streetwise Professor

May 24, 2011

It’s Not Just Resting

Filed under: Uncategorized — The Professor @ 10:23 am

BP continues to maintain that the tie-up with Rosneft is just resting. But the Kremlin says that the deal is dead and will not be resurrected.

“The deal became a drag” in its previous form, Shmatko told reporters today in Moscow. “I don’t believe in the possibility of reincarnation for that particular deal.”

It is, in other words, a passed parrot.

The only real question is why, and in particular, why Sechin wasn’t able to pull it off–or perhaps more accurately, why Putin pulled the rug on Sechin. On those lines, I suggest you all check out Pahoben’s comment on the previous post (Igor Pyle). He provides additional detail as to why it is risible for Sechin or Putin or anybody else to claim “Surprise, surprise, surprise” at the TNK-BP shareholder agreement, and presents some plausible conjectures as to what killed this particular parrot.

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1 Comment »

  1. Well on kind of a related topic we have a Timneh African Grey Parrot named Cherry (don’t ask me why) and Cherry’s favorite thing to say in the whole wide world is “Obama Sucks”. Cherry is currently studying modern Kremlin Political Science and may soon have an assessment of Sechin to be posted to YouTube.

    I expect that based on her personal experience Cherry will clearly see the unmistakeable Kafkaesque similarities between unethical parrot sellers and Kremlin politics (duck tape and BS).

    Comment by pahoben — May 25, 2011 @ 10:28 pm

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