Word: kremlins
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...princely villas that have become trademarks of nouveau riche Russians abroad, are beginning to close their doors and their borders to some of the richest. And many powerful Russian tycoons must think twice before boarding an outbound flight lest they share the fate of Pavel Borodin, the erstwhile Kremlin property manager and multimillionaire who was arrested last month in New York on an extradition request from Switzerland alleging involvement in money laundering...
...body language to demonstrate that he's on Kuchma's side, but Putin is not very good at that. The Russians may be poking around for a way to give him support, hoping to collect on the debt later. The Russian media, even those outlets close to the Kremlin, have signaled pretty clearly that Putin is going to try and get all the leverage he can out of Kuchma's troubles. But they haven't laid out what he can do, probably because the Russians themselves don't really know what they can do. They may have left...
ARRESTED. ANTON TITOV, 34, finance chief of Vladimir Gusinsky's Media-MOST empire, on suspicion of conspiracy to commit fraud; in Moscow. The arrest is the latest move in a Kremlin crackdown against Media-MOST, in particular its subsidiary ntv--the nation's sole independent TV network. Those actions have been criticized both domestically and overseas as an attack on press freedom. Gusinsky himself is in Spain fighting extradition on embezzlement charges, which he says are politically motivated...
...involved, but if the reports prove true, it's a big blow to Putin because, as we say in Russia, his arms are too short to get Turner. He can put the screws on Russians, but not on Ted Turner. Putin generally believes all Russians are serfs to the Kremlin, but Turner is not Russian. If he invested in NTV, it would be a very good gesture of solidarity with what is left of freedom of speech in Russia. But of course nobody will help the Russians unless the Russians help themselves...
...July, Browder was summoned to the Kremlin, where he helped negotiate a deal to ensure greater transparency in UES. "We got the state [which owns 53% of UES] to vote with us," he crows. In late October all sides struck a deal to tailor the UES charter to take into account minority shareholders' interests. "Chubais will stay," Browder says, "but we've made it impossible for management to strip assets...