NEWSWATCH: “The Rusal Case Is a Failure of U.S. Sanctions; There are ways to hit Putin’s shadowy cronies without hurting top Russian firms” – Bloomberg/Leonid Bershidsky

“… Most of the $1 trillion that has fled Russia to the West since the Soviet Union’s collapse isn’t owned by the old-school ‘oligarchs.’ It was the corrupt officials and the little-known regime clients who moved it overseas. The West is still doing little to track that wealth and its owners; it’s looking under the lamp, not in the shadows where the true criminals and their fortunes are. …”

Click here for: “The Rusal Case Is a Failure of U.S. Sanctions; There are ways to hit Putin’s shadowy cronies without hurting top Russian firms” – Bloomberg/Leonid Bershidsky

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