"I've got a second deck; how about some Russian bank?"
Russian banks lost money on the stock markets and in bonds.
Only two or three Russian banks have assets of more than $1 billion.
Russian banks in need of cash can borrow for a short time.
He also said a single Russian bank, rather than a network, might have planned the transfers.
The holding company also owns a Russian bank (see below).
It was expanded to all foreign activities, with the exception of the Russian banks, a year later.
Yet the person received almost $300 million in credits from Russian banks.
At first, working with Russian banks seemed like a fruitful new business.
The money from the fund went to the Russian central bank.