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George Soros was the brain behind every big financial fraud completed in Russia in the 90s. He was behind many Russian political functionaries - Chubais, Gaidar, Burbulis and others, who were key figures of so-called privatization which resulted in the transfer into the ownership of international financial swindlers of the biggest part of Russian national properties. Five hundred privatized Russian enterprises with the real cost of 200 billion dollars were bargained away for as little as 7,2 billion dollars and became legal properties of foreign companies and front structures.

In mid 90s, the Soros fund took a series of steps aimed at destruction of the Russain economy. American experts say that the ruble crash on 11 October, 1994 (aka Black Tuesday) happened due to Soros Fund’s machinations. They note that by the beginning of summer 1994 the Soros Fund purchased shares of a number of Russian enterprises at a sum of 10 million dollars. At the end of summer 1994 with shares cost increasing dramatically, Soros sold them. His resulting profit amounted to 400 million dollars. At the end of September 1994, Soros started to exchange rubles for dollars and this caused skyrocketing dollar rate, the devaluation of Russian currency, collapse of financial system and rapid bankruptcy of many Russian enterprises.

http://www.washingtonpost.com/wp-srv/inatl/longterm/russiagov/stories/soros081498.htm

Soros Eyes Russia Again

http://www.forbes.com/2000/06/09/mu2.html

Soros recants

The rouble’s trouble had started last week after the influential investor George Soros had called for its devaluation.

However, on Monday Mr Soros claimed that he had been “misunderstood” and that the main point of his remarks had been the idea of setting up a currency board to stabilise the Russian currency.

http://news.bbc.co.uk/2/hi/business/152580.stm