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A comment on Russian central bank confirms block on foreign bids to sell Russian securities. Parent comment

Re:Russian central bank confirms block on foreign bids to se... by marvin on Monday February 28, 2022 @06:09AM (#30498616)
Would a smart and well-connected Russian keep their savings as a Ruble deposit in a russian bank? It’s too late now, but I’d like to imagine that some individuals kept their stock market savings with international broners.
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Re:Russian central bank confirms block on foreign bids to se... by miohtama on Monday February 28, 2022 @06:15AM (#30498657)
That's why a lot of sanctions go against oligarchs in a person. It is more discriminate and does not matter what kind of property they have.

For example, oligarchs Italian villas

https://www.icij.org/investigations/pandora-papers/uk-target...

The rationale is that you cannot do both support a dictator and plunder your own people, and then enjoy the benefits of European lifestyle without European rule of law based justice.

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Re:Russian central bank confirms block on foreign bids to se... by posix_me_less on Monday February 28, 2022 @08:50AM (#30499761)
> rule of law based justice

What other kinds of justice are there? In Russia they do not have law based justice?

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Re:Russian central bank confirms block on foreign bids to se... by imajoredinecon on Monday February 28, 2022 @09:03AM (#30499875)
"(Rule of law)-based justice" not "rule of (law-based) justice"

I agree it's a tad hard to parse

https://en.m.wikipedia.org/wiki/Rule_of_law

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Re:Russian central bank confirms block on foreign bids to se... by marvin on Monday February 28, 2022 @11:13AM (#30501489)
Rule of law is the name of the principles that make sure everyone gets fair, just and equal treatment.
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Re:Russian central bank confirms block on foreign bids to se... by miohtama on Monday February 28, 2022 @09:48AM (#30500361)
They have Putin’s justice. Disagree with Putin and you go to jail.
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Re:Russian central bank confirms block on foreign bids to se... by rob74 on Monday February 28, 2022 @06:20AM (#30498683)
A businessperson probably not, but let's say, a software developer with a relatively good salary? Not sure if they would have any other options than Russian banks (or banks that would be affected by such a confiscation, even if they're not based in Russia)...
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Re:Russian central bank confirms block on foreign bids to se... by Klaster_1 on Monday February 28, 2022 @06:49AM (#30498845)
There's always an option to invest the money using foreign brokers like Interactive Brokers (they even have russian UI and support) who did not boot russians previously. Or buy a property and rent it, which is a popular option too. Or cash out the foreign currency and keep it under the mattress.
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Re:Russian central bank confirms block on foreign bids to se... by lostmsu on Monday February 28, 2022 @08:27PM (#30507956)
AFAIK, Interactive Brokers told all Russia-based accounts to move after sanctions were announced.
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