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Word: gerashchenko (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...holding. (Total denied it was interested.) A group of foreign banks warned Yukos that with Russia having frozen its assets over a $3.5 billion tax claim, the company was in danger of defaulting on a $1 billion loan. Now here comes pro-government politician Viktor Gerashchenko, dubbed by former Kremlin economics advisor Jeffrey Sachs as "the worst central banker in history" after presiding over the crash of the ruble in 1994, to announce that Yukos had invited him to be its chairman. Gerashchenko said that while certain shareholders had problems with the authorities, Yukos as a company was sound...

Author: /time Magazine | Title: Bizwatch | 5/3/2004 | See Source »

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