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Re: [hreg] ExxonMobil isn't the only outfit profiting from energy

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  • Bashir Syed
    Money makes strange bedfellows. Indians made deals with US conglomerates to supply them cheap labor without any extra benefits (Health Insurance, pensions,
    Message 1 of 8 , Mar 10, 2006
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      Money makes strange bedfellows. Indians made deals with US conglomerates to supply them cheap labor without  any extra benefits (Health Insurance, pensions, etc.) and when they met at Davos, they struck other mutual interest ventures. Just look at the Carlyle group, where part of the money came from Bin Lasden family acquired by the Bush family (ceck it out from a book "Forbidden Truth" by two French Journalists which is banned in Saudi Arabia, as it divulged too many of their inside secrets, as to whom is in bed with whom (and Carlyle group is mentioned on pages 202 anmd 203 in some details, which now replaces the Dubai World). People don't know how the other side of Moon looks like, and money attracts other money like a magnet. I am fully aware of the Tata's investment in Solar as this indian conglomerate is partner with BP-Solar.  Regards,
       
      Bashir A. Syed
      ----- Original Message -----
      Sent: Friday, March 10, 2006 12:35 PM
      Subject: [hreg] ExxonMobil isn't the only outfit profiting from energy

      I was interested to see that two of the newest billionaires on the planet
      are heavily invested in renewable energy.

      In India:  "Tulsi Tanti, a former textile trader whose alternative energy
      company owns Asia's largest wind farm "

      In China:  "Solar power mogul Zhengrong Shi joins the list at $2.2 billion "

      This suggests that renewable energy is making a few people "obscenely rich"
      just like oil has.  Or, perhaps, that oil's high prices are letting people
      get rich with renewables.  Whatever the case may be, it is nice to know that
      rich people see RE worthy of investment.  It is also interesting to note
      that the billionaires in this field are in India and China, while the U.S.
      has the "old energy" companies.

      The Forbes article is summarized here:

      http://moneycentral.msn.com/content/invest/forbes/P146582.asp?GT1=7922

      Maybe Bashir is onto something.

      Robert Johnston


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