Tuesday, March 1, 2022

The Battle of Banks Not Tanks: A Conversation with Bill Browder

Beyond the minute-by-minute reporting of the ground war, the Twitter feeds, TickTock images, there are broader and more economically complex issues surrounding the war in the Ukraine, and the world’s response to it. Issues that include sanctions, the SWIFT system, and the seizure of assets, including yachts and private planes parked around the globe.

All part of the interconnectedness of a global economic structure that Russia, for better or worse, has been a part of. Few understand the intricacies of these connections better than Bill Browder. Years ago, Browder made millions in Putin’s Russia. What he didn’t know was what kind of price he would pay for getting involved in the ever-entangling web of Putin and his oligarchs.

The ultimate result was the brutal death of Browder’s lawyer and friend Sergei Magnitsky, who was murdered in prison after uncovering a multi-million dollar fraud committed by Russian government officials. Browder has carried on Magnitsky’s legacy, at great personal risk to himself. That legacy and the Magnitsky Act is a large part of the basis of the sanctions that we’ve been talking about.

Long before current events, Browder’s been leading a campaign to expose Russia’s endemic corruption and human rights abuses. He’s the author of the international bestseller Red Notice and the soon-to-be-published Freezing Order.