George Bush Sr In Russia On Carlyle Business

[Andy_Stephenson]

He may be retired from public life but George Bush seems to cause a stir every time he comes to Russia.

You name it and market players were buzzing Thursday about the real reasons behind the former American leader's visit -- an $18 billion play by U.S. oil giant ChevronTexaco for a blocking stake in the new Yukos-Sibneft combo? The launch of a $500 million private tie-up between Alfa Group and Pentagon-connected Carlyle Group? Divvying up the hydrocarbon resources of postwar Iraq?

Late Wednesday, before Bush Sr. had even left, traders in New York had already heard word that he was heading to Russia to help clear the way for the sale of a strategic stake in YukosSibneft to ChevronTexaco, which named one of its tankers after Condoleezza Rice, a former board member who is now his son's national security adviser.

http://newsfromrussia.com/main/2003/09/12/49940.html