A lot is written now about the system now is 2.0. I yearn for the Politburo in trying to figure out what is going on in Russia. ...We don't know when decisions are made. There is no Alexandrov column in Pravda with... the criminological way of talking that allows... us... to understand what... direction the regime is going... There's huge lack of certainty... in the west and in the elite... about what is Putin's view on anything on any given day.

2014... U.S. government’s sanctions... claimed a direct connection between Putin, Timchenko, and : "Timchenko’s activities in the energy sector have been directly linked to Putin. Putin has investments in Gunvor and may have access to Gunvor funds."

The pattern we see now of the redistribution of to the inner core, has been in place since the beginning, and even before . This is not a system in which robber barons create the industrial basis of a robust emerging capitalist economy. This is a system in which barons are robbed by value-detracting state raiding elites whose sole position is determined by their relationship to the current president. Value-detraction is an extremely important part of this picture.

Bank Rossiya was not... just a vehicle for investment by... what would become Putin's circle. It was... one of the many places where this circle... collaborated with, Russian organized crime. ... concluded ...18.6 percent of the original shares in Bank Rossiya were owned by ...[companies affiliated with] mob boss Gennady Petrov (arrested by Spanish police in 2008 as head of the Tambov-Malyshev crime group).

Baltik-Eskort operated openly as a private security service to protect Putin, Sobchak, and other[s]... It... allegedly acted as a liaison with the criminal underworld in St. Petersburg, including... Aleksandr Malyshev, reputed head of the Malyshev criminal organization, and , the reputed head of the Tambov crime organization. Some... employees were members of criminal groups and... accused of being involved in the assassinations of political figures...

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[Saint] Petersburg... was known as the "bandit's capital," and Putin was regarded by many as the link between organized crime and the mayor's office. ...[H]is activity was investigated by city and federal officials. All... squashed when he came to power.

[T]hese sanctions represented a public admission by the United States government of what it had known for over a decade... Putin has built a system based on massive predation not seen in Russia since the Tzars. Transparency International estimates $300 billion are paid every year in corruption. , according to official Russian Central Bank figures since 2005 have been $335 billion, and ... stated that Russia now has the highest income inequality of any country in the world.

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He was the linchpin. He controlled which foreign companies could register their offices and receive offices. ...[A]ll this property was Soviet property. The Soviet Union hadn't fallen yet. So how was a company... to get access to property to set up... in St. Petersburg? Putin would... assign it.