then putin ripped his guts out financially speaking. with a blow of the gavel, a russian auctioneneer succeeded on dismembering russia s foremost private oil company. the auction of the corporation s biggest subsidiary, a key oil producer is being seen as one of the most significant steps backwards in russia s 12-year chaotic march towards capitalism. people are scared. they re scared this is not just yukos, this is other companies. they re scared that property rights are flimsy in russia. russian president vladimir putin has cracked down on freedom of the press and eliminated many local elections and now he s staring down some of the country s biggest private businesses. top of his list is mikhail khodorkovsky, russia s richest man. and founder of yukos. he s been in jail for a year on tax fraud charges.
with a blow of the gavel, a russian auctioneneer succeeded on dismembering russia s foremost private oil company. the auction of the corporation s biggest subsidiary, a key oil producer is being seen as one of the most significant steps backwards in russia s 12-year chaotic march towards capitalism. people are scared. they re scared this is not just yukos, this is other companies. they re scared that property rights are flimsy in russia. russian president vladimir putin has cracked down on freedom of the press and eliminated many local elections and now he s staring down some of the country s biggest private
putin and so predictably putin had him arrested again, put back in jail. then putin ripped his guts out financially speaking. with a blow of the gavel, a russian auctioneneer succeeded on dismembering russia s foremost private oil company. the auction of the corporation s biggest subsidiary, a key oil producer is being seen as one of the most significant steps backwards in russia s 12-year chaotic march towards capitalism. people are scared. they re scared this is not just yukos, this is other companies. they re scared that property rights are flimsy in russia. russian president vladimir putin has cracked down on freedom of the press and eliminated many local elections and now he s staring down some of the country s biggest private businesses. top of his list is mikhail khodorkovsky, russia s richest man. and founder of yukos.