Through Browder we learn how the Russian government (under Boris Yeltsin) botched the privatisation of the nation’s economy through its voucher trading programme and how the Oligarchs were able to hijack this to become billionaires. For South Africans it is also a lesson in how not to privatise public companies, and an eye-opener about the extraordinary levels of corruption in Russia.Īuthor Bill Browder was a young American investment banker who took a special interest in Eastern Europe and Russia just after these countries opened for business in the early 1990s. Similar to Michael Lewis’s Liar’s Poker, Red Notice is a fascinating true story about the dangers of high finance. Exposing lies, corruption and murder in Russia.
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