Chanos: Stay away from state-owned oil companies

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Chanos: Stay away from state-owned oil companies

Chanos: Stay away from state-owned oil companies
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Chanos: Stay away from state-owned oil companies

by CNBC Videos 2:15 mins

James "Jim" Chanos, President, Kynikos Associates, says companies like Petrogras are basically just political vehicles, not businesses.

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