Quote: "Instead, President George H.W. Bush’s administration minimized its assistance, and the crisis was solved by markets." I could counter that history would have unfolded differently. The implementation of a bail out for Russia, the Equivalent of what soros referred to as a Marshall plan for Russia (and in hindsight still refers to it as a missed opportunity of epic proportions), could more than likely have offered us a less hash dichotomy between the paradigm today of East and West. The market fundamentalism failed us on this occasion, to grasp an opportunity.