Friday, April 21, 2006

What goes around comes around

In Russia, Corporate Thugs Use Legal Guise

In those days, people wanting to take over a company often simply sent armed thugs to occupy it. The new raiders employ some of that old-style intimidation, but dress it up in legality by teaming with corrupt lawyers, accountants, judges, bureaucrats and police to exploit weaknesses in Russia's fledgling corporate legal system, Russian lawmakers and entrepreneurs say.

Hostile takeover indeed.

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