Real Housewives of Moscow
Because you guys seem to enjoy discussions about Russian women and money, I figured I would repost my latest article, from Slate, here. It is about how corrupt Russian bureaucrats use their wives as offshore bank accounts to hide the money they steal, and why that undermines the millions of Russian women not married to chinovniki, and who work for their family’s bread.
A strange thing happened in late June, when the big Russian Internal Ministry bosses disclosed their earnings and those of their family members, thanks to President Dmitry Medvedev’s new anti-corruption measures. The surprise didn’t come from the men: The head-honcho cops were the fat cats everyone assumed them to be, declaring incomes that strangely exceeded that of the president. And the ranks of the obscure upper-middle management fittingly declared modest incomes, usually topping at out around $50,000. A Russian-made car here, a modest apartment there.
But the wifely half of the family disclosures was far more revelatory. There was, for example, the amazing financial statement of the spouse of Viktor Smirnov, the deputy director of the Russian Internal Ministry’s Center to Ensure Operation Performance to Combat Extremism. In 2009, a year in which the Russian economy struggled to get back on its feet after the financial crisis turned it virtually inside-out, Mrs. Smirnov made $500,000. She also owns two plots of land, each about 40 acres. She has shares in two apartments as well as in a housing complex, plus a Subaru Outback, an industrial truck, and a BMW 3-Series, which can retail for over $60,000. What does Mr. Smirnov own? One-quarter of one apartment.
Read the rest here.
via Slate’s Double X