The world is changing at a very rapid pace. The power structure is becoming more and more evident. Science fiction movies of years past depicting how corporations take over governments is becoming reality. Corporate seals and logos of many corporations are more recognizable by the public then are flags of states and countries.
The Kremlin said Blankfein visited Medvedev on Tuesday to discuss the idea of a fund, which Medvedev first raised at the World Economic Forum in Davos in January.
There was no other information on the meeting, the size of the possible fund, or when it would be introduced.
Russia suffers from chronic underinvestment, prompting its leaders to frequently advertise the country as a haven for foreign capital. Would-be investors regularly point to persistent corruption and impenetrable bureaucracy as reasons they look elsewhere.
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Interesting that it was not a feature story in main stream media. A very controversial business figure, accused by many of leading the charge to the world economic crisis, is entertained by the President of Russia. Well, it may be no surprise as we all know that Russia if full of corruption. Matching The Kremlin with Goldman Sachs could very well be a "match made in Red Square".