Say What!? Commentators on Vladimir Putin, the Super Rich List and Defined Benefits

‘’President [Vladimir] Putin treats the law and the truth like a child in a sandbox.’’ A spokesman for William Browder’s hedge fund, Hermitage Capital Management, in a statement responding to the news that Russia is seeking an arrest warrant for Browder.

— William Browder has campaigned for justice for his former employee, Sergei Magnitsky, a critic of Putin who died in prison in November 2009.

“Tepper has long been known as a billionaire with middle class sensibilities. Still, not long ago he bought this $44 million ocean front home in the Hamptons, tore it down and spent untold millions building a new one.”
— Lisa Myers, senior investigative correspondent at CNBC News, reporting on Institutional Investor’s Alpha ’s Rich List for 2012.

“Contrary to reports, I have never taken a position against [defined benefit] plans nor has any philanthropic organization I lead. In fact, my support for and contribution to DB plans is demonstrated by maximizing returns for union members who rely on us to deliver their pension goals. “

— Daniel Loeb of Third Point, in a letter to Anne Sheehan, chair of the Council of Institutional Investors, canceling his presentation scheduled for April 18 at the group’s spring conference in Washington, D.C.

Vladimir Putin Sergei Magnitsky Lisa Myers Hermitage Capital Management William Browder
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