![]() There’s something deeply offending to our sense of justice about an innocent man framed by powerful forces His big innovation was shareholder activism, in which he targeted corrupt practices in some of the biggest companies, such as Gazprom, and by doing so raised their share price. In these years, Browder made a fortune, turning Hermitage into the largest foreign portfolio investor in Russia. ![]() When Putin came to power on New Year’s Eve 1999, promising to stamp out corruption, Browder was a relieved man.Īnd he remained pro-Putin for the next three years, as the new Russian leader imposed state order on capitalist anarchy. Business feuds were regularly settled by bullets, and the life expectancy of bankers was radically shortened. ![]() ![]() It was a time of wild profiteering, as post-Soviet state assets were sold off on the cheap, and a venal oligarchy was created. ![]()
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