Word: yeltsin
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Smelling blood in the economic meltdown, the lower house of parliament, or Duma, took the offensive, calling for Yeltsin to resign, demanding a greater share of power and disdainfully offering the President guarantees that he would not be prosecuted or harassed once he left office. More troubling still, the communists, led by Gennadi Zyuganov, prepared to parlay the failure of Russia's cutthroat capitalism into a rollback of the reforms that, for better or worse, have been credited to Yeltsin's account, such as a freely convertible ruble, a tight money supply, even some industrial privatization...
...Berezovsky, financial baron turned political wheeler-dealer, the most ruthless of the so-called New Russians in the art of turning money into power. Unlike the men officially running the government, he always knows what he wants and has the brashness, tenacity and clout to get it. For him. Yeltsin's weakness offered a chance to strengthen the puppet strings...
Last week what Berezovsky apparently got was the hide of Sergei Kiriyenko, the earnest young reformer Yeltsin installed in March, whose solutions for salvaging Russia's failing banks, currency and international credibility entailed a well-intentioned assault on the freebooting ways of the oligarchy. Chernomyrdin's return, says Andrei Illarionov, director of the Institute of Economic Analysis, is the result of a "brilliant scheme," under way for months, by the tycoons to return to power the one man they believed could protect their interests. Men in the Chernomyrdin camp acknowledge that Berezovsky played a major role in encouraging the cautious...
Viktor Aksyuchits, an aide to former Vice Prime Minister Boris Nemtsov and one of Berezovsky's most outspoken critics, claims that the banker succeeded, as he has so often done before, by gaining intimate access to Yeltsin's closest advisers, chief of staff Valentin Yumashev and younger daughter Tatyana Dyachenko. Yumashev is a "wholly privatized" Berezovsky subsidiary, says Aksyuchits, and Dyachenko is allegedly beholden to Berezovsky for his handling the family's finances and making generous contributions to her father's re-election. Both advisers have for several months been privately urging Yeltsin to stand down, Aksyuchits tells TIME: "They...
...warhorse may yet generate enough adrenaline for another comeback. But even if Yeltsin can hang on, he is a profoundly diminished political figure. His aides last week started negotiating with the Duma over a "political agreement" that would alter the Constitution by taking away the President's power to issue decrees on the economy, limiting his ability to dismiss and appoint governments and transferring many of those prerogatives to the parliament and the Cabinet. In other words, these were the terms for Yeltsin's surrender. In return, the parliament would halt impeachment proceedings and pass a law giving the President...