1. Collapse of Russian Capitalism
... amount above auction starting prices. Thus the oligarchs gained control of the states most valuable assets at giveaway prices. The oligarch's oil assets are actually holding companies with no operating businesses of their own. Rather than investing in and restructuring these production companies the oligarchs looted them, thereby defrauding a wide range of stakeholders, including workers, pensioners, suppliers, minority shareholders, creditors, ... to a new low. The government is now suing Shleifer, Hay and the Harvard university for false claims by Harvard University to the USAID and f...
- Word Count: 3517
- Approx Pages: 14
- Has Bibliography
- Grade Level: Undergraduate