Russia Crisis – If You Put Your Money in the Bank Will You Get it Back?

Howard Marks, co-chairman of Oaktree Capital Management, told Bloomberg Television’s Stephanie Ruhle and Matt Miller today that loose rule of law is a major concern for investors who are considering buying assets in Russia. Marks said: “In order to make investments, you have to believe that you will benefit from the rule of law…The underlying question about Russia is whether you will. The question is, if you put your money in the bank will you get it back in the end?”