Excerpt: Bill Browder, Hermitage Fund CEO, on Confronting the 'Oligarchs'

Russia's default in 1997 and the stock market devalued rapidly. Browder lost, by his estimate, 90% of his money during this time that he had invested in Russia. More onerous, was the wholesale "stealing" by the Russian oligarchs. Rather than put up with this, Browder met with company employees to hear first-hand about the scams that were going on within the companies.
Recorded: Oct. 22, 2009
Global Management Program: http://www.gsb.stanford.edu/gmp/speakers/index.html
Related Stories: http://www.gsb.stanford.edu/news/headlines/browder09.html?cmpid=yt
A Russian Odyssey: http://www.gsb.stanford.edu/news/bmag/sbsm0611/feature_browder.html?cmpid=yt

Category:

Education

Tags:

• investment
• Hermitage Fund
• oligarchs
• Russia