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Another Miller's Tale

2010-08-03
The only growth industry is the plundering of public finances, but competition is getting tougher as more profit-seekers pile in. If Vladimír Mlynář is joining PPF as chief lobbyist, it must be because one of the pioneers in the field is losing ground to the upstarts. Like Zdeněk Bakala, who brought party financing into the open, Petr Kellner is shining light on "government affairs." All eyes will be on whether Mlynář uses his close ties to Finance Minister Miroslav Kalousek to return PPF to the contest for the eco-tender, which is a plunderer's paradise. However, Mlynář might be of more service to PPF in helping to close the gap between Czech Coal (where Mlynář's best buddy is chairman of the sup. board) and ČEZ regarding the coal mines in Northern Bohemia. It would be in line with Kellner's MO to buy the mines low and to sell them high to ČEZ. And to let taxpayers, as ČEZ's owners, pay the difference. [Czech Republic Chaucer Jan Dobrovský modus operandi]