[bert]

.....made the sale to Syria, despite $13.4 billion still owned for past purchases....

Back in the early 90’s my company was involved in a trade mission to Russia. They wanted everything from soup to nuts.

When asked to open a letter of credit, the Russian companies offered a financial document provided by the government guaranteeing payment for material delivered to places like Syria. The company would give the notes to a bank and draw payroll and what ever they needed.

Come the revolution they had tons of these worthless papers and nothing to show for years of work. They were bankrupt and didn't understand their own government had duped them.

The communists didn't understand the most important part of any sale is getting paid.

[John Jorsett]

Come the revolution they had tons of these worthless papers and nothing to show for years of work. They were bankrupt and didn't understand their own government had duped them.

The communists didn't understand the most important part of any sale is getting paid.

Did your company get paid, or did those Russian outfits go under owing you money too?