- Description
Bill Browder, Chief Executive Officer and co-founder of the investment fund Hermitage Capital Management
- Keywords:
- Business
- Obama
- economy
- United States
- money
- America
- jobs
- taxes
- Romney
- Federal Reserve
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vongleichent 09/23/2012 05:07 AM Report
I hope this piece of legislatore get's through. None of this people should be allowed to spend one dime.
Bacdaw 09/20/2012 03:14 PM Report
Wow, puts the problems in the US into perspective. So so sad about Sergei. It is amusing that Bill Browder rebelled against his parents by becoming a capitalist. He must be making them proud by trying to get some justice for Sergei. I hope he succeeds, at a minimum keeping them from spending their blood money in the civilized west.
SharkswithfrikingLazers 09/20/2012 03:36 AM Report
This is really a story of a Russia that is doomed based upon the facts we were presented.
Without the rule of law--and the torturing to death of those who seek justice--we may see the fall of Russia just like we saw the fall of the Soviet Union.
SharkswithfrikingLazers 09/20/2012 03:31 AM Report
60 guilty people but he is really going against the Russian state.
A crime of money--$230M--so find justice by limiting their ability to travel and in general their ability to spend the money.
Good luck with that Bill.
If you are successful then your services will be needed around the world. Sort of like the reverse of an arms dealer.
SharkswithfrikingLazers 09/19/2012 07:12 PM Report
Charlie, at the 11:14 mark your eyelids have 20 pound weights on them.
The face of exhaustion.
REMant 09/19/2012 12:01 PM Report
Thought I recognized the name. This was all reported in The Economist in 2006, and the NYT in 2008 (http://www.nytimes.com/2008/07/24/world/europe/24kremlin.html?_r=1&hp=&pagewanted=all), and the lawyer's ordeal in 2010. Hermitage, I understand, had long been a thorn in the side of the Russian cos with which it did business. Question is the reason and how it was perceived, as well as, what in reality could be done about it.
Mr Browder was a Putin supporter, besides being seen as an oligarch, himself, and he probably made enemies of both. There is no doubt that, though not a Communist, Putin set himself against Yeltsin's oligarchs for the public good. The West has had mixed feelings about this. But is it realistic to suppose that corruption is going to be done away with overnight? And if so, how? Some entity has to control the property. And while I can't say anything about the way he and his colleagues have gone about this, one cannot just assume the legal system is just.
There's no doubting Browder's credentials. His father was one of a trinity of Earl Browder's sons who were mathematics prodigies. He, himself, studied economics at Chicago, and got an MBA at Stanford business school, worked for Boston Consulting, where he dealt with Eastern Europe, and for Salomon Brothers, dealing with Russian investments. But it is strange tho that he never learned any Russian, since his grandmother came from St Peterburg. Stranger still, that he is no longer an American citizen, and the fund has its offices in Guernsey and the Caymans.