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In Moscow's Shadows

In Moscow's Shadows 166: Raider Nation, a quick news round-up

Sep 18, 2024
Get ready for a wild ride through Moscow's gritty business scene! A shocking shootout reveals how personal feuds can fuel corporate warfare, involving sports figures as enforcers. Tune in to hear about the eerie return of corporate raiding reminiscent of the 1990s. Discover the Kremlin's latest revenue-boosting strategies and the potential public backlash. Plus, learn about a major general's arrest amidst a military corruption crackdown—are these real reforms or just political maneuvers? Power struggles and corruption intertwine in this fascinating exploration!
18:55

Podcast summary created with Snipd AI

Quick takeaways

  • The violent corporate dispute involving Wildberries underscores the resurgence of aggressive tactics in Russian business negotiations reminiscent of the 1990s.
  • Legislative changes proposing steep fines for traffic violations highlight the state's strategy to secure alternative revenue while risking potential civil unrest.

Deep dives

Corporate Raiding and Violence

A high-profile dispute involving Wildberries, Russia's largest online marketplace, has escalated into violence, highlighting the pervasive issue of corporate raiding. Tatyana Bakalchuk, the company's founder, is in a bitter divorce with Vladislav Bakalchuk, who allegedly attempted a hostile takeover with the help of armed associates, leading to a shootout at a Moscow business center. This incident reflects a resurgence of aggressive tactics in corporate negotiations that were thought to have diminished since the turbulent 1990s. The clash has reignited discussions about the violent undercurrents in Russian business environments and the potential implications of the Kremlin's influence in such conflicts, especially given the involvement of notable figures like Ramzan Kadyrov.

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