Free download and read ebooks online The Oligarchs - Wealth And Power In The New Russia by David Hoffman full book PDF ePUB Audiobook. Download a free ebooks and kindle audiobook The Oligarchs - Wealth And Power In The New Russia with ISBN id 9781586482022 full page with book summary. David Hoffman book PDF ePUB of The Oligarchs - Wealth And Power In The New Russia published by Public Affairs in 2003. The Oligarchs released with category Business & Economics with total 575 pages.
The Oligarchs - Wealth And Power In The New Russia by David Hoffman free book pdf
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 each other 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.
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