Originally Posted by Cosmo335i
They lost 60 out of 87 of there billionars over there this year.
Not only that, the 'state' forced the oligarchs to 'invest' into all these companies that needed to be saved, and in term the state banks bought up a bunch of stakes in their companies. If there was one thing in Russia that used to keep the "politicians" in check, it was these oligarchs. Not anymore. After all those margin calls they got back in October most are wiped out or in debt. It's really brilliant from the putin crew, now they can rule that country as they please and no pesky businessmen are there to stop them.