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  • A tycoon explores limits of resistance in Russia

    10/07/2005 3:32:58 PM PDT · by Tailgunner Joe · 2 replies · 189+ views
    WSJ ^ | October 06, 2005 | Gregory L. White
    MOSCOW -- Two have fled the country. Another is in jail, his oil empire in ruins. Russian President Vladimir Putin has largely succeeded in his campaign pledge to make oligarchs -- the powerful tycoons who emerged in the chaos of post-Soviet Russia -- disappear "as a class." Now, most of the country's super-rich are either packing up or hunkering down and trying to stay on the government's good side. Except Mikhail Fridman. Using bare-knuckles business tactics, the 41-year-old built an $8 billion empire spanning oil, telecoms, banking and retail. Now, he's picking a fight with Leonid Reiman, Russia's telecommunications minister...