Jump to content



Photo

Bill Browder and the looting of Russia


  • Please log in to reply
5 replies to this topic

#1 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 27 July 2018 - 04:23 PM

Hermitage Capital Management is an investment fund and asset management company specializing in Russian markets founded by Bill Browder and Edmond Safra. Hermitage Capital Management headquarters are in Guernsey, it also maintains offices in the Cayman Islands, London and Moscow, Russia.
 
Its main investment fund, the Hermitage Fund created in 1996, was rated as extremely successful after earning 2,697% between 1996 and December 2007
 
(How does on make 2697% investing in a country with a collapsing economy?
Ask Bill Browder.) 
 
For Mr. Browder, 44, Russia was more than a place to do business. His grandfather Earl Browder was a committed Communist from Kansas who moved to the Soviet Union in 1927, staying for several years and marrying a Russian. He returned with her to the United States to lead the Communist Party for a time, even running for president.
 
 
 

-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#2 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 27 July 2018 - 04:46 PM

William Felix Browder is an American-born British financier. He is the CEO and co-founder of Hermitage Capital Management, an investment fund that at one time was the largest foreign portfolio investor in Russia.
 
He gave up his U.S. citizenship in 1998 to avoid paying taxes related to foreign investment. After having business in Russia for ten years, Browder was refused entry to Russia in 2005 as a threat to national security; he has said it was because he exposed corruption.
 
After the death in prison in 2009 of Sergei Magnitsky, a Russian lawyer and auditor who had represented his company and conducted an investigation into massive tax fraud related to it, Browder lobbied for Congress to pass the Magnitsky Act, a law to punish Russian human rights violators, which was signed into law in 2012 by President Barack Obama.
 
In 2013, Browder was tried in absentia in Russia for tax fraud, jointly in a posthumous prosecution of Magnitsky. He was convicted and sentenced to nine years in prison. Interpol rejected Russian requests to arrest Browder, saying the case was political. 
 
 
 
 

-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#3 diogenes227

diogenes227

    Member

  • TT Patron+
  • 4,598 posts

Posted 27 July 2018 - 08:26 PM

Russian bot,

 

This obviously tells it all but nice try again at your endless efforts to disrupt American democracy and sell out the USAl:

 

 

In 2013, Browder was tried in absentia in Russia for tax fraud, jointly in a posthumous prosecution of Magnitsky. He was convicted and sentenced to nine years in prison. Interpol rejected Russian requests to arrest Browder, saying the case was political.

 

We have your number, stocks.  The noose awaits.  biggrin.png Hopefully the FBI will be closing in soon. bowrie.gif


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#4 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 28 July 2018 - 08:58 AM

Is Bill Browder The Most Dangerous Man In The World?
The darling of the war party needs to answer some questions... 
 
Bill Browder is what used to be referred to as an oligarch, having set up shop in 1999 as Hermitage Capital Management Fund, a hedge fund registered in tax havens Guernsey and the Cayman Islands. It focused on “investing” in Russia, taking advantage initially of the loans-for-shares scheme under Russia’s drunkard President Boris Yeltsin, and then continuing to profit greatly during the early years of Vladimir Putin. By 2005 Hermitage was the largest foreign investor in Russia.

 

Yeltsin had won a fraudulent election in 1996 supported by the oligarch-controlled media and by President Bill Clinton, who secured a $20.2 billion IMF loan that enabled him to buy support. Today we would refer to Clinton’s action as “interference in the 1996 election,” but at that time a helpless and bankrupt Russia was not well placed to object to what was being done to it. Yeltsin proved keen to follow oligarchical advice regarding how to strip the former Soviet Union of its vast state-owned assets. Browder’s Hermitage Investments profited hugely from the commodities deals that were struck at that time.

 

Browder and his apologists portray him as an honest and honorable Western businessman attempting to operate in a corrupt Russian business world. Nevertheless, the loans-for-shares scheme that made him his initial fortune has been correctly characterized as the epitome of corruption by all parties involved, an arrangement whereby foreign investors worked with local oligarchs to strip the former Soviet economy of its assets paying pennies on each dollar of value. Along the way, Browder was reportedly involved in money laundering, making false representations on official documents and bribery. 

 

 

 

 

https://www.zerohedg...erous-man-world


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#5 MaryAM

MaryAM

    Member

  • Traders-Talk User
  • 1,136 posts

Posted 29 July 2018 - 05:47 AM

This Browder guy and his organization needs to be exposed - thanks Stocks.  It also exposes another thing - if Russia is so powerful - how in the heck could it have been that stupid to have not been on top of his scheme?  I have serious doubts regarding all the Russia bruhaha in the US.  Yes Russia has nukes and it has oil - but it only has one air craft carrier and just how much stuff do you own that says "made in Russia".  On the other hand, what other country has nukes (no oil or water by the way) but gets billions of dollars from the US every year and has a direct interest in influencing our elections?   Hint - its not Russia.  



#6 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 09 August 2018 - 07:32 AM

Martin Armstrong: Why Has The "Magnitsky Film" That Exposes Browder's Corruption Been Banned In USA & Europe? 

 

The Magnitsky Act Behind the Scenes has been pulled from everywhere. You do not ban a film in Europe and the United States if it is wrong. This is perhaps a huge cover-up that goes really beyond comprehension. The film was funded by ZDF TV in Europe and they have the power to prevent it from being shown despite the fact that they are taking a huge loss. They would not do that unless there was political pressure behind it. 

 

Is this to protect the justification for war with Russia? That is why this film was shut down in Europe and the USA/Canada. It exposes the lie behind the whole affair.

 

 

 

https://www.zerohedg...nned-usa-europe

 


Edited by stocks, 09 August 2018 - 07:34 AM.

-- 

200,000 US troops are stationed in 177 countries throughout the world.