Friday, February 08, 2008

You Seize, We Freeze

You may remember that Venezuela "took over" some assets belonging to Exxon last June.

Exxon has now gone to court and has frozen Venezuela's international assets in return, to the tune of 12 billion dollars.

One Venezuelan official calls it "judicial terrorism."

Yeah, right.
Shoe's on the other foot - and it's feeling kind of tight.

The victim fights back, uncowed.
As Jordan writes, "Ragnar would be proud!"

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