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...attacks in press interviews, Berezovsky declared that Chubais' days in government were numbered. The oligarchs followed through, it seems, using their access to the Kremlin's front office. One recent morning, a prominent Moscow businessman says, a report "was placed on the President's desk"--obviously by one of Yeltsin's top aides--and Yeltsin actually read it. The memo warned that Chubais' rosy reports on the economy and payment of salaries to state employees were not only inaccurate but were "disinformation." Says the businessman: "Yeltsin knows nothing about the economy, but he is not an absolute idiot." The President...

Author: /time Magazine | Title: You're Fired! You're Hired | 4/6/1998 | See Source »

...Yeltsin had become suspicious of Chernomyrdin, the most loyal and humble of ministers since 1992, and that sealed his departure. But the Prime Minister had also made powerful enemies recently among some of the ever plotting oligarchs of Moscow's financial world. These powerful capitalists, who have considerable influence with the Family, suspected that Chernomyrdin had begun to favor their rival, Vladimir Potanin of the Oneksim banking group, in deals involving state assets...

Author: /time Magazine | Title: You're Fired! You're Hired | 4/6/1998 | See Source »

...part of the story, but Chubais was going to leave anyway. He handed in his resignation in February, though he had not named a firm date. He told the President he wanted to be appointed head of United Energy Systems, the national power company. "We'll think about it," Yeltsin said...

Author: /time Magazine | Title: You're Fired! You're Hired | 4/6/1998 | See Source »

...message Yeltsin wanted to broadcast loudest last week was, I am still in power. He and a small group of relatives and close advisers that include his daughter Tatyana Dyachenko and his chief of staff Valentin Yumashev--dubbed "the Family" by Muscovites--may intend to keep him there as long as he is breathing. True, the Russian constitution says he cannot serve more than two terms, but Yeltsin expects the courts to rule next fall that his first term didn't count because he was elected under the old Soviet system...

Author: /time Magazine | Title: You're Fired! You're Hired | 4/6/1998 | See Source »

...Friday Yeltsin named his choice as the new Prime Minister. He is Sergei Kiriyenko, 35, who had been busy filling in at the job for four days. Kiriyenko is a potential reformer, a petroleum expert who held the post of Minister of Fuel and Energy in the old Cabinet. He's a former communist youth leader and oil-company executive from the reform-oriented city of Nizhni Novgorod. He arrived in Moscow last year, along with Boris Nemtsov, who became a First Deputy Prime Minister. Nemtsov, the former mayor of Nizhni Novgorod, is one of Yeltsin's favorites...

Author: /time Magazine | Title: You're Fired! You're Hired | 4/6/1998 | See Source »

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