Saturday, February 7, 2015

Bill Browder’s “Red Notice” exposes Putin’s Russia as a mafia state


The timing of Bill Browder's new book, “Red Notice,” is quite impeccable. After years of craven appeasement, the West finally realized the failure of its “reset” policies with Russia. “Red Notice” provides a powerful glimpse of what’s been taking place in Putin’s Russia, while the world looked the other way.

As the hedge fund manager, Browder was hugely successful with Hermitage Capital Management, a company he founded in Russia in 1996. It became the largest investment fund in the country. Browder was the prime example of succeeding the right way – without chicanery, fraud or embezzlement. This was the surefire way of irritating corrupt Russian elites. Big business and big government in Russia are intrinsically intertwined, brazenly operating as organized crime. Vladimir Putin is the Godfather of this far-reaching mafia family. He empowered the group of his cronies to enrich themselves at the expense of Russian economy, on the backs of the country’s longsuffering people. Resounding success of Bill Browder’s company, combined with his efforts to expose and uproot corruption, brought on the ire of the Kremlin gangsters.