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Freezing Order, the follow-up to Red Notice, is available now! "[Red Notice] does for investing in Russia and the former Soviet Union what Liar's Poker did for our understanding of Salomon Brothers, Wall Street, and the mortgage-backed securities business in the 1980s. Browder's business saga meshes well with the story of corruption and murder in Vladimir Putin's Russia, making Red Notice an early candidate for any list of the year's best books" (Fortune).
"Part John Grisham-like thriller, part business and political memoir." —The New York Times This is a story about an accidental activist. Bill Browder started out his adult life as the Wall Street maverick whose instincts led him to Russia just after the breakup of the Soviet Union, where he made his fortune.
Along the way he exposed corruption, and when he did, he barely escaped with his life. His Russian lawyer Sergei Magnitsky wasn't so lucky: he ended up in jail, where he was tortured to death. That changed Browder forever. He saw the murderous heart of the Putin regime and has spent the last half decade on a campaign to expose it. Because of that, he became Putin's number one enemy, especially after Browder succeeded in having a law passed in the United States—The Magnitsky Act—that punishes a list of Russians implicated in the lawyer's murder. Putin famously retaliated with a law that bans Americans from adopting Russian orphans.
A financial caper, a crime thriller, and a political crusade, Red Notice is the story of one man taking on overpowering odds to change the world, and also the story of how, without intending to, he found meaning in his life.
Freezing Order, the follow-up to Red Notice, is available now! "[Red Notice] does for investing in Russia and the former Soviet Union what Liar's Poker did for our understanding of Salomon Brothers, Wall Street, and the mortgage-backed securities business in the 1980s. Browder's business saga meshes well with the story of corruption and murder in Vladimir Putin's Russia, making Red Notice an early candidate for any list of the year's best books" (Fortune).
"Part John Grisham-like thriller, part business and political memoir." —The New York Times This is a story about an accidental activist. Bill Browder started out his adult life as the Wall Street maverick whose instincts led him to Russia just after the breakup of the Soviet Union, where he made his fortune.
Along the way he exposed corruption, and when he did, he barely escaped with his life. His Russian lawyer Sergei Magnitsky wasn't so lucky: he ended up in jail, where he was tortured to death. That changed Browder forever. He saw the murderous heart of the Putin regime and has spent the last half decade on a campaign to expose it. Because of that, he became Putin's number one enemy, especially after Browder succeeded in having a law passed in the United States—The Magnitsky Act—that punishes a list of Russians implicated in the lawyer's murder. Putin famously retaliated with a law that bans Americans from adopting Russian orphans.
A financial caper, a crime thriller, and a political crusade, Red Notice is the story of one man taking on overpowering odds to change the world, and also the story of how, without intending to, he found meaning in his life.
Due to publisher restrictions the library cannot purchase additional copies of this title, and we apologize if there is a long waiting list. Be sure to check for other copies, because there may be other editions available.
Due to publisher restrictions the library cannot purchase additional copies of this title, and we apologize if there is a long waiting list. Be sure to check for other copies, because there may be other editions available.
Bill Browder is the founder and CEO of Hermitage Capital Management and was the largest foreign investor in Russia until 2005. Since 2009, when his lawyer, Sergei Magnitsky, was murdered in prison after uncovering a $230 million fraud committed by Russian government officials, Browder has been leading a campaign to expose Russia's endemic corruption and human rights abuses. Before founding Hermitage, Browder was vice president at Salomon Brothers. He holds a BA in economics from the University of Chicago and an MBA from Stanford Business School.
Reviews-
Starred review from November 10, 2014 In Russia the gangsters are running the government, according to this fascinating firsthand story of state criminality and persecution. Browder, founder of the hedge fund Hermitage Capital Management (and grandson of American Communist Party leader Earl Browder), made his fortune investing in underpriced, privatized ex-Soviet companies and prodding their corrupt managers to divulge the truth about their assets. The enmity of Russian oligarchs—and, eventually, Vladimir Putin—got him expelled from the country, whereupon his companies were seized by a group of police officials and used to steal $230 million from the Russian Treasury. When Browder’s Moscow lawyer Sergei Magnitsky unmasked the officials behind the conspiracy, Magnitsky was arrested, denied medical attention, and finally murdered in prison. Browder’s narrative lays out in vivid detail the often murky mechanisms of Russia’s kleptocratic economy, culminating in an engrossing account of what would surely be the heist of the century were it not so representative of business as usual. It’s also a chilling, sinister portrait of a society in which the rule of law has been destroyed by those sworn to enforce it. The result is an alternately harrowing and inspiring saga of appalling crime and undeserved punishment in the Wild East. Photos. Agent: Patrick Walsh, Conville and Walsh Literary Agency (U.K.).
February 1, 2015
This book is an entertaining and frightening example of the workings of risk and return, two elementary concepts in finance. In 2005, Browder, an investment manager, had made a fortune investing in post-Soviet Russia. The author describes in a breezy, conversational style how he antagonized Russian oligarchs who attempted to thwart his company's investments. He then ran afoul of the Russian government when his tax attorney, Sergei Magnitsky, uncovered tax fraud committed by Russian officials. After this, Browder says that the government arrested Magnitsky and murdered him. Russia attempted to have Interpol arrest Browder via a "Red Notice," an international arrest warrant, but several countries have refused to honor it. Through Browder's efforts, the United States enacted the Magnitsky Act in 2012, which imposed visa and banking restrictions on Russian officials implicated in human rights abuses. The only shortcomings in an otherwise captivating book are extensive reconstructed dialog and an absence of sourcing. VERDICT Rich characterizations and well-explained financial intrigue make this a compelling read. [See Prepub Alert, 8/11/14.]--Harry Charles, St. Louis
Copyright 2015 Library Journal, LLC Used with permission.
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