Eastern bullies
2007-02-23
Czech newspapers are quick to pick up negative reports about
Gazprom, but only Lidové noviny noticed a story in the Financial
Times this week about two other eastern bullies, J&T and Penta
of Slovakia. The FT said they got their start by stripping the
assets of investment funds. Patrik Tkáč of J&T boasted of
growing up on Gordon Gekko from "Wall Street" (without
mentioning that Gekko presumably went to prison). Slovak PM
Robert Fico indicated that Penta offered him a huge bribe
regarding the Bratislava airport privatization. J&T and Penta are
no Gazprom, but they bring to the CR some of the same tactics.
Yet instead of being shunned, they're being courted. If Industry
Minister Martin Říman can talk of wanting to prevent Gazprom
from taking control of ČEZ, why can't he publicly recognize the
effect Gazprom's smaller cousins are having on Czech business?
[Czech Republic Oliver Stone movie film]
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