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Roundtable Round 3, CNNfn.

Publication: Finance Wire

Publication Date: 28-NOV-03
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COPYRIGHT 2003 FDCH e-media

Original Source: MARKET CALL

CHRISTINE ROMANS, CNNfn ANCHOR, MARKET CALL: Back now to the "Roundtable." By my side, my guest host, Bob Hormats, vice chairman of Goldman Sachs International. Also by my side, Ron Scherer, New York Bureau Chief of the "Christian Science Monitor." And from his office in St. Louis, Al Goldman, Chief Market Strategist at A.G. Edwards.

We`ll stick here first with Bob, talk about the Yukos deal. You said that Jill Dougherty, her last comment was very telling.

ROBERT HORMATS, GOLDMAN SACHS INTL.: Yes, I think Jill`s point was that this is still a society where many business transactions are not transparent. They`re very opaque, and this is one example. And if this had happened in the U.S., there would be a lot...

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