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News Link • Unintended Consequences

How The 2003 Arrest Of The Richest Man In Russia Changed Everything — And What Happens Next

• Business Insider
 

He heard the news in a phone call from his mother on the morning of Oct. 25, 2003, but it would soon make headlines around the world. "Police in Russia seize oil tycoon," read The New York Times, "Russia's richest man held for fraud" went the BBC's version.

Behind the headlines, was a conflict between an oligarch who wanted to open up Russia to business and a new president, Vladimir Putin, who wanted to assert state authority. It was soon clear that the oligarch had lost.
 
 A decade later, 28-year-old Pavel is sitting in a nondescript office in Midtown Manhattan, trying to remember what he felt after hearing the news.


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