Oligarchs Bankroll Yeltsin Re-election Victory: 'Seven Bankers' Control 50-70% of Russia's Economy Through Loans-for-Shares Deal

Boris Yeltsin won re-election as President of Russia in a stunning comeback victory engineered and bankrolled by a coalition of seven oligarchs who became known as the ‘Semibankirshchina’ (seven-banker outfit). Despite approval ratings below 10% earlier in the year, Yeltsin defeated …