10-17-2008, 10:15 AM
I asked this question earlier:
<!--QuoteBegin-shamu+Oct 12 2008, 01:20 PM-->QUOTE(shamu @ Oct 12 2008, 01:20 PM)<!--QuoteEBegin-->Is there any Russia hand in pricking American economic bubble?
[right][snapback]89085[/snapback][/right]
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Putin May Use Credit Crisis to Finish Reining in Oligarchs
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All this marks a reversal from a decade ago, when oligarchs bankrolled Boris Yeltsin's almost-insolvent government. As recently as April, Russia's 100 wealthiest citizens had a combined fortune equivalent to about a third of the economy, Forbes magazine estimated.
The nation's 25 wealthiest businessmen have seen their worth shrink by $230 billion, or 62 percent, according to Bloomberg calculations. And Putin controls the strings on the biggest remaining purse -- $531 billion in government reserves, which he is doling out through state-run Vnesheconombank, or VEB, where he presides as chairman of the supervisory board.
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<!--QuoteBegin-shamu+Oct 12 2008, 01:20 PM-->QUOTE(shamu @ Oct 12 2008, 01:20 PM)<!--QuoteEBegin-->Is there any Russia hand in pricking American economic bubble?
[right][snapback]89085[/snapback][/right]
<!--QuoteEnd--><!--QuoteEEnd-->
Putin May Use Credit Crisis to Finish Reining in Oligarchs
....
All this marks a reversal from a decade ago, when oligarchs bankrolled Boris Yeltsin's almost-insolvent government. As recently as April, Russia's 100 wealthiest citizens had a combined fortune equivalent to about a third of the economy, Forbes magazine estimated.
The nation's 25 wealthiest businessmen have seen their worth shrink by $230 billion, or 62 percent, according to Bloomberg calculations. And Putin controls the strings on the biggest remaining purse -- $531 billion in government reserves, which he is doling out through state-run Vnesheconombank, or VEB, where he presides as chairman of the supervisory board.
...