Red Notice

Red Notice

A True Story of High Finance, Murder, and One Man's Fight for Justice

Book - 2015
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Bill Browder's journey started on the South Side of Chicago and moved through Stanford Business School to the dog-eat-dog world of hedge fund investing in the 1990s. It continued in Moscow, where Browder made his fortune heading the largest investment fund in Russia after the Soviet Union's collapse. But when he exposed the corrupt oligarchs who were robbing the companies in which he was investing, Vladimir Putin turned on him and, in 2005, had him expelled from Russia. In 2007, a group of law enforcement officers raided Browder's offices in Moscow and stole $230 million of taxes that his fund's companies had paid to the Russian government. Browder's attorney Sergei Magnitsky investigated the incident and uncovered a sprawling criminal enterprise. A month after Sergei testified against the officials involved, he was arrested and thrown into pre-trial detention, where he was tortured for a year. On November 16, 2009, he was led to an isolation chamber, handcuffed to a bedrail, and beaten to death by eight guards in full riot gear. Browder glimpsed the heart of darkness, and it transformed his life: he embarked on an unrelenting quest for justice in Sergei's name, exposing the towering cover-up that leads right up to Putin.
Publisher: New York : Simon & Schuster, 2015
Edition: First Simon & Schuster hardcover edition
ISBN: 9781476755717
147675571X
9781476755748
1476755744
Call Number: 332.6092 B81r
Characteristics: 396 pages, 8 unnumbered pages of plates : illustrations ; 24 cm

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v
Velim
Mar 16, 2021

I find it absolutely amazing how many people still voted for Trump! That the way it is in the North America. It feels like like we are living on a different planet altogether.

m
marybellinger
Nov 12, 2020

I could not put this memoire down! I learned so much about Russian corruption, lawyers, finance, and the world beyond my sheltered Canadian boundaries. This man has fortitude!

f
Fabush
Oct 13, 2020

I really enjoyed reading this factual exciting in depth look at this man's experience with Russia and the US system.

j
jimmychoi04
Oct 01, 2020

Bill Browder was born into a family of well-known communists in capitalist America. In an attempt to rebel against his family and parents, he decided to become the biggest capitalist in the communist world. Over the next few years, he started sought capital to invest in the opportunity in Eastern Europe which had recently begun privatization efforts of state-owned businesses. This created a huge opportunity for Browder who was able to acquire assets for literal pennies on the dollar, through his investment firm, Hermitage Capital. Over the next few years, he expanded operations in Poland, eventually opening an international office in Russia. Browder made a name for himself exposing fraud and corruption in Russian companies. He was aided by Putin, who would indirectly help Browder’s company by going after corrupt officials in an attempt to consolidate power for himself. Since Browder often held a sizable share of the companies whose corrupt officials were targeted, so he benefitted from the anticorruption (which was just a power grab) effort by Putin. However, once Putin had finished his power grab, their interests diverged and Browder’s firm was accused of tax fraud (which wasn’t true), so he began the process of evacuating both his employees and capital from Russia. From there on out, the whole situation went downhill for Browder and Hermitage Capital. What I liked about the book was that although it was a memoir about finance and politics, it read like a mystery or a thriller novel. I would recommend this book to an older audience due to the mature language used and certain violent scenes described. It also goes into political corruption and its consequences which would be more suited for an older audience. Deep knowledge of finance is not necessary to understand the story, so it is available to a wider audience within the older age group.

s
SherriWatts
Jul 31, 2020

Pauline

c
cjhf97
Mar 08, 2020

Wow! Hard to put down.

b
bceccoli
Feb 13, 2020

Possibly my favorite book of the year. Bill Browder meticulously goes through his history as a growing hedge fund manager specializing in Russia. Then, he explains how his business, his life and the lives of his friends and employees were upended by a corrupt Russian system. His story has significant relevance to today’s world as it resulted in the Magnitsky Act. Putin would like nothing more than the repeal of this act which sanctions Russia for its criminal behavior. Read it today and apply it as a filter for viewing today’s politics here and in Russia.

s
susann206
Feb 10, 2020

A very well written book and incredibly revealing about the corruption in Russia. Unfortunately, it also parallels what is starting to happen in the United States in terms of lying and corruption.

l
Lurleen22
Jan 14, 2020

Well written and a page turner. Highly recommended.

b
BarbaraJ_1962
Jan 03, 2020

Amazing true story. Hard to believe at times which makes it all the more engrossing. When you're done reading this, there is further information to be found on the internet about the ongoing story of Russia's attempts to vilify Sergei Magnitsy and Bill Browder.

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