Red Notice

The Book of the Week is “Red Notice, A True Story of High Finance, Murder and One Man’s Fight For Justice” by Bill Browder, published in 2015. This suspenseful, emotional saga should be made into a motion picture, as it is not only entertaining and engaging, but is a comprehensive picture of the extremes of human nature.

Rebelling against his left wing intellectual family, Browder became a capitalist. During his career, he worked under two big bosses who died under mysterious, suspicious circumstances– Bob Maxwell and Edmond Safra. As a young whippersnapper, he longed to do investment consulting in Eastern Europe, but had to settle for London. Browder got in on the ground floor when the Russian securities industry was in its infancy in the early 1990’s.

In early 2000, the power of Russian Federation president Vladimir Putin, was actually held by “… oligarchs, regional governors, and organized-crime groups.” Browder started a hedge fund called Hermitage. What with complex economic and political goings-on, his hedge fund became the victim of the Russian mentality. In 2006, Hermitage had to “… sell billions of dollars worth of Russian securities without anyone knowing.” That was just one of many traumatic episodes in Browder’s career.

The author had the brains and skills to become not only a successful financial consultant and investor, but a muckraker; however, this made him a “Darwin Award” candidate. He became involved in a true thriller with intrigue, greed, power hunger, human rights abuses and karma. Russia struck at his attorney, Sergei Magnitsky. Numerous Russians in positions of authority– in the government, prisons, the police– all lied to the world about what happened to Magnitsky. Under Putin’s rule, Russia had reverted to the Stalinism of the 1920’s, with thousands of dissidents tortured and killed.

The few people whose eyes were open, who were raising the alarm– were risking their own lives. The rest of the world didn’t want to get involved because they were of the mentality that the violence was confined to Russia, and it wouldn’t spread to them. And they might end up like those dissidents if they rocked the boat. Besides, in the 2000’s, people have become desensitized to human rights abuses due to the widespread, propagandized publicizing of them (like video clips arousing viewers’ morbid curiosity, of the alleged beheadings of journalists by Middle Easterners on YouTube).

(Please excuse the legalese in this paragraph- but it is the briefest way of explanation) Some people would say that Browder had “unclean hands” and there was “contributory negligence” on his part, so his story should not have deserved the special attention it got. Admittedly, he was out for revenge, not because he truly wanted to stem uncivil behavior in the world. He made his living in an industry full of greedy people whose scruples are less than stellar– securities. He made a ton of money by engaging in “self-dealing” and insider trading, which would be considered violations of American securities laws. He was from America, the country that gave rise to the corrupt economic system in Russia in the first place. It might be recalled that Harvard economist Jeffrey Sachs gave bad advice to Boris Yeltsin (to put it generously), convincing him to adopt “shock capitalism” — a ruinous financial plan. Lastly, Browder had “constructive knowledge” that doing business in Russia was especially risky (not just financially), compared to other countries. Arguably, he was trying to apply American morals and laws to get justice in a situation in which he had profited from Russian morals and lawlessness. Some people would say, “Pox on everyone’s house.”

Browder wrote, “There was something almost biblical about Sergei’s story, and even though I am not a religious man, as I sat there watching history unfold, I couldn’t help but feel that God had intervened in this case.” This blogger thinks that, but for Browder’s powerful professional and political contacts who intervened in this case, it would be just another infuriating, depressing, suppressed, and eventually forgotten human rights abuse story.

Read the book to learn the details of the story, including the actions taken against the morally bankrupt, brazen Russian criminals, and learn whether justice was done.

Simon Says

The Book of the Week is “Simon Says” by Kathryn Eastburn, published in 2007. This is the true story of a triple murder that occurred in the small town of Guffey in Colorado in early 2001.

The mastermind behind the criminal act was a teenager, Simon Sue, who convinced others that he was part of an anti-governmental group in Guyana. He and his father collected guns for their investment value. They had a humongous collection. The younger Sue believed that theft of firearms from other households in the neighborhood was acceptable if their owners were racist or dealt illegal drugs.

Sue ran a terrorist training camp of sorts for three other high schoolers he had befriended. Read the book to learn the details of the heinous atrocities committed by them, how they got caught, and their fates.

 

Crescent & Star – Turkey Between Two Worlds

The Book of the Week is “Crescent & Star – Turkey Between Two Worlds” by Stephen Kinzer, published in 2001. This repetitive volume recounts the recent history of Turkey. Of course the country has changed significantly since the publishing of this writing, which was prior to 9/11.

The individual was considered less important than the collective– family, village or clan, not the nation. The media were censored on topics such as the Kurds, Islam, the Armenian genocide of 1915, relations with Greece and Cyprus, etc., etc. Three major controversies in Turkish society included: the tribal conflict between Turks and Kurds, the religious conflict between Sunni Muslims and Alevis, and the hotly debated question of whether religion should be practiced in public life (such as female students’ wearing of veils at university). “The Turks are still gripped by two ancient Middle Eastern taboos. One is the taboo against change, which they equate with admitting failure. The other is the taboo against dialogue, compromise and negotiation.”

In the mid 1980’s, the Kurds formed an anti-government military organization called the PKK to try to subvert the government through violence. Excessive blood was shed with the government’s response against these separatists.

The August 1999 earthquake was a particularly trying time for the nation. There was plenty of unnecessary death and destruction. The disaster was a cluster screw-up. In years prior, unschooled, capital-poor Turks started unscrupulous home-building businesses that constructed flimsy apartment buildings. After the quake, arrogant and indifferent top officials of the government relief agency, Kizilay, who had been playing fast and loose with the organization’s checkbook, responded slowly to aiding the victims. Nevertheless, tens of countries around the world, including Greece, aided Turkey in its time of need. The disaster served as an excuse, a tipping point for the nation’s resuming diplomatic relations with Greece. Besides, the events surrounding the earthquake served as an additional impetus for younger Turks to agitate for political and cultural change.

Read the book to learn about additional factors that were affecting the people’s push for change, such as worship of Kemal Ataturk, the 1996 Susurluk scandal and the military’s role in governing the country.