Russia, at that time, handed vouchers to the citizens to be eligible for equity.Finding no other team to join, he declared himself the in-charge of Russia. He, then, joined the Salomon Brothers in London. Later, the company turned out to be a big accounting fraud. While trying to establish himself as an authority on Eastern Europe investments, he came across and joined Maxwell.He, using his Polish friends, decided to apply to invest 2000$ (all of his net worth then). While helping restructure a failing bus company in Poland, he came across a privatization offer.This was the 90s and these countries were just getting out of the shadow of communism.
He insisted on working in Eastern Europe. Bill as a rebel towards his family decided to go into capitalism. His father suffered discrimination because this guy’s grandfather was the leader of the communist party of America.
The story of the rise and fall of the biggest foreign investor in Russia.
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