There are happy Poles on the BSE

Granting awards seems to be one of the stock market skills that Ludwik Sobolewski has mastered the best.

From arguing with the head of privatizations in the energy sector, Gabriel Dumitraşcu, on the listing of the Romgaz GDRs on the London Stock Exchange, Sobolewski went straight to the enthusiasm of granting Dumitraşcu the "man of the year" award for 2013, without any intermediate stages (we are wondering why he didn't grant Goldman Sachs an award too, as the latter was content with being just a sponsor at the Gala where Dumitraşcu was granted the award).

2014 started off rather badly for the BSE, but the excuses were quick to appear - sometimes it was the foreign investors abandoning emerging markets due to the tapering of the Fed, sometimes it was the situation in Ukraine, sometimes it was the ASF raising the fees compared to last year.

We have to admit, all of those justifications are true.

Electrica is still in the portfolio of Mr. Dumitraşcu. If he likes getting awards, then he should privatize it in 2015, rather than this year, like the government has agreed with the IMF.

Because the award for 2014 will go to Mircea Ursache, the vice-president of the ASF who, in February, allowed the SIFs to acquire shares in each other. After that decision, the major deals involving SIF stocks took place, which increased the turnover of the BSE.

And the award is called "Man of the year", not "Men of the year".

Ursache's decision helps Ludwik Sobolewski meet the performance criteria, without his lifting a finger.

And just like that, we have a happy Pole at the helm of the BSE.

Who also received a performance bonus for his first four months of activity.

That's some skill, indeed!

Alin Barbu has got nothing on him!