U.S.-based multinational corporations cast wary eye on Russia sanctions

As long as U.S. sanctions on Russia that many regard as toothless aren't extended, American corporations don't have much to worry about. But their antennae have been tweaked by the travel ban and asset freeze the Obama administration has imposed on 11 prominent Russians and Ukrainians involved in Moscow's efforts to annex the Crimean peninsula. While the rest of us wonder how much bloodshed may arise in the clash between Russia and the new government of Ukraine, and what role our own government has played or may yet play in the conflict, officials at companies doing business in Russia have another concern: How might these sanctions and the E.U.'s similar sanctions against 21 Russians and Ukrainians affect their bottom line?.
Given how modest those sanctions are, pretty much not at all is the answer for the moment. But what of possible future sanctions? And what about Russian retaliation?
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About 100 CEOs with the Business Roundtable are meeting with Defense chief Chuck Hagel in Washington today, and the sanctions situation will no doubt be discussed, according to the group's president John Engler:
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There are just too many megalomaniacs running things in this world