The Oligarchs
Wealth and Power in the New Russia
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Lu par :
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Steve Coulter
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De :
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David Hoffman
À propos de cette écoute
A brilliant investigative narrative: How six average Soviet men rose to the pinnacle of Russia's battered economy. David Hoffman, former Moscow bureau chief for The Washington Post, sheds light onto the hidden lives of Russia's most feared power brokers: the oligarchs. Focusing on six of these ruthless men Hoffman reveals how a few players managed to take over Russia's cash-strapped economy and then divvy it up in loans-for-shares deals. Before perestroika, these men were normal Soviet citizens, stuck in a dead-end system, claustrophobic apartments, and long bread lines. But as Communism loosened, they found gaps in the economy and reaped huge fortunes by getting their hands on fast money. They were entrepreneurs. As the government weakened and their businesses flourished, they grew greedier. Now the stakes were higher. The state was auctioning off its own assets to the highest bidder.
The tycoons go on wild borrowing sprees, taking billions of dollars from gullible western lenders. Meanwhile, Russia is building up a debt bomb. When the ruble finally collapses and Russia defaults, the tycoons try to save themselves by hiding their assets and running for cover. They turn against one another as each one faces a stark choice - annihilate or be annihilated. The story of the old Russia was spies, dissidents, and missiles. This is the new Russia, where civil society and the rule of law have little or no meaning.
©2002, 2003, 2011 David E. Hoffman (P)2014 Audible, Inc.Vous êtes membre Amazon Prime ?
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Ce que les auditeurs disent de The Oligarchs
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Global
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Interprétation
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Histoire
- C.
- 11/01/2024
careers of those who abused russia and its populations as the soviet era came to a close
full of interesting details on the individual careers and collective dynamics of those who organized the capture of russia's assets during the privatisations under Yeltsin. Largely, and strikingly told in a sympathetic tone by a journalist who clearly feels less sympathy for the russian population and its plight. The implications of that sympathy are deeply troubling, but the book is of great substance.
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