From Steve Sailer’s blog, more truth-telling about Marc Rich:
“The plundering of the ex-Soviet Union in the 1990s, which was egged on by the Clinton Administration,
Wall Street, Harvard, and other highly respectable American institutions was misreported at the time as a triumph of the free market. And now it’s mostly being forgotten. A 15-year-ago PBS Frontline documentary explained:
The auctions, simply put, were imperfect. … A series of privatization “auctions”–whose results were determined beforehandĂłwere held by the GKI. (There are books out on this phase, but in essence, they held the firesale of the century. ) The engines of Soviet industry –oil companies, metals plants, utilities– were sold for a song. Russia is among the world’s richest countries in terms of natural resources–(The Natural Resources Minister, Viktor Orlov, can run down the list of gold, nickel, silver, timber, oil and of course natural gas–one-third of the world’s reserves–for you.). And in short order, the riches were exported by the shipload east and west.
Ever wonder how Estonia, a country that produces no aluminum, became one of the world’s top aluminum exporters?
Aluminum plants are typically gigantic investments built near hydroelectric dams. The Soviet Union churned out gigantic amounts of aluminum for its huge air force. Aluminum is pretty much of a commodity in quality, so the general cruddiness of everything Soviet mattered less in aluminum than in just about anything else: the Russians had hydroelectric power galore in Siberia and they had huge, valuable aluminum plants.
This was the market’s main cancer: theft. The greed that motivated it (and still does) was impressive. But the theft will go down in history. Economists now talk about state corruption, and of course graft was a contributing cause of the market’s death, but pure and simple robbery played the leading role. The rape of Russia’s riches in its first decade of “independence” will doubtless be remembered in a century’s time as unprecedented.
Rich’s lawyers continue to press for his return to the U. S., offering to pay multimillion-dollar fines he still owes. Rich’s one condition is that he avoid prison. He may have allies in the State Dept. U. S. marshals have tried several times to trap Rich, most recently in September, when they alerted officials in Finland that he was due to arrive by private plane. But in that instance, as in previous ones, Rich got away. A. Craig Copetas, author of a 1985 book on Rich, says the marshals suspect that someone in State, which must be notified of such operations, is leaking their plans to Rich because they value his high-level contacts around the world.
Clinton also cited clemency pleas he had received from Israeli government officials, including then-Prime Minister Ehud Barak. Rich had made substantial donations to Israeli charitable foundations over the years, and many senior Israeli officials, such as Shimon Peres and Ehud Olmert, argued on his behalf behind the scenes.[24] (Speculation about another rationale for Rich’s pardon involved his alleged involvement with the Israeli intelligence community.[25][26] Rich reluctantly acknowledged in interviews with his biographer, Daniel Ammann, that he had assisted the Mossad, Israel’s intelligence service,[12][4] a claim that Ammann said was confirmed by a former Israeli intelligence officer.[11] According to Ammann, Rich had helped finance the Mossad’s operations and had supplied Israel with strategic amounts of Iranian oil through a secret oil pipeline.[4] The aide to Rich who personally traveled to the U.S. from Israel and persuaded Denise Rich to ask President Clinton to review Rich’s pardon request was a former chief of the Mossad, Avner Azulay.[20][27])
Sounds rather like Robert Maxwell, another James Bond supervillain-type. Unlike Maxwell, I fortunately didn’t have to do business with Rich. Like Maxwell, Rich is being buried in Israel”