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. Last Updated: 07/27/2016


Patriarch Tours

In response to "U.S.-Russian Guided Tours Run Aground," April 7 and "Court Rules Against Patriarchy Dom," April 9:


Because of a misspelling of the name of the old company in both articles (the right names are Patriarchi Dom for the old company and Patriarchy Dom Tours for the new one), we are receiving repeated phone calls from our clients, wondering how the decision could have possibly been made against the new company, Patriarchy Dom Tours.

We want to make clear that the only decision made was to allow the company's American partner, Patrice Gancie, to leave Patriarchi Dom with compensation for her part.

This decision as well as the whole legal case has nothing to do with the new company Patriarchy Dom Tours.

Tatyana Piontkovskaya and Alexandra Lanskaya, partners, Patriarchy Dom Tours

Dirty Dealing

In response to "Dirty Dealing,"

April 7:


I read your article about dirty dealing on the Russian stock market. I do not know about all brokers, but during the two years that Charles Shearer has been my broker at Rinaco I have had no problems with him, and service has been fine. According to your article, Johnny Manglani lost money on individual stocks that he himself picked in the end, because he is the client and must be obeyed. His poor performance probably has more to do with his stock selection than Shearer or Rinaco. When prices go down, people tend to become depressed and to panic, selling at the worst possible times. Shearer has done a very good job, and has helped generate very good returns on my account. But he is not perfect, and there have been both gains and losses. In the stock market no one, not even Warren Buffett, is 100 percent correct. I do not think you should hold Shearer to such an impossible standard. To say that he willfully swindled a client is unbelievable to me.

Jay Bradford