Word: abramoviches
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...world as they seek to become global players. As 2006 was drawing to a close, two other steel titans, one from India, the other from Brazil, were locked in a multibillion-dollar battle for an Anglo-Dutch firm, Corus, while Evraz, a Russian company controlled by billionaire Roman Abramovich, agreed to buy the U.S. firm Oregon Steel Mills for $2.3 billion to create the world's biggest producer of rails...
London has no shortage of Russian heavyweights. Roman Abramovich, Britain's second richest person, made his killing in oil, bought the powerhouse Chelsea Football Club in 2003 and has spent so heavily on top soccer players that some team bosses complain they can't compete. Boris Berezovsky, a close ally of former Russian President Boris Yeltsin, made his $1.5 billion mainly in cars and oil and was instrumental in making Putin the heir to Yeltsin. But his major preoccupation now is his loathing of the Russian President--one reason he employed Litvinenko, who accused Putin of blowing up apartment buildings...
...Davis Center for Russian and Eurasian Studies at Harvard, when prosecuting oligarchs, Putin went “too far yet not far enough.” He went after the oligarchs that did not support him, like Mikhail Khodorkovsky, yet suspiciously overlooked friendly others such as Roman Abramovich. Furthermore, the increasingly complacent Parliament was cajoled into passing strict controls on civil liberties. In a move almost unnoticed by Western media, Andrei Illarionov, a top economic adviser to Putin, resigned last week, loudly proclaiming Russia to be “no longer a free country.” To our journalists...
...breaking attendance records everywhere he goes. Playing for his hometown team, HC Rabat Kladno, he scored 11 goals and made 17 assists in 17 games. (In November, he moved to Siberia's Avangard Omsk, sponsored by billionaire Roman Abramovich.) The transitions have not all been smooth. The European emphasis on elegant skating and fancy puck control, for example, has challenged some NHL players accustomed to North America's narrower rinks and more aggressive play. But many are relishing the experience. "The biggest thing is the ice surface; it gives you that much more time with the puck," says Rick Nash...
...Sibneft was scheduled to merge with Yukos until Khodorkovsky's troubles erupted in October 2003. Abramovich and Yukos jostled for power for weeks afterward, until the merger finally unraveled earlier this year, prompting speculation that Sibneft may be looking for a Western buyer. It's also possible that a Western oil firm might bid for Yugansk, although that would be asking for trouble. "Whoever buys it will be buying an enormous set of lawsuits," says Stuart E. Eizenstat, a former U.S. Undersecretary of State who is advising Group Menatep, an investment fund created by Khodorkovsky and his allies that owns...