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Headline: Investors band together for protection Source: Euromoney Date: April 2001 Minority investors in Russian companies have got their act together. Before the 1998 crisis foreigners were making enormous returns from a soaring stock market. The few that bought into problem companies, and saw their investments diluted, won the sympathy of the market but little else. But when the blood bath began on August 17 1998 as the Russian economy went into free fall, foreign investors were spurred into action as they all got burnt. |
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