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Casino Moscow: A Tale of Greed and Adventure on Capitalism's Wildest Frontier, by Matthew Brzezinski
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Having awakened from its communist slumber, Russia in the roaring '90s is a place where everything and everyone is for sale and fortunes can be made and lost overnight. Into this maelstrom steps rookie Wall Street Journal reporter Matthew Brzezinski. Assigned to make sense of the financial markets, he is instantly plunged into the crazed world of Russian capitalism, where corrupt Moscow bankers and American carpetbaggers preside over the greatest boom and bust in international financial history.
Brzezinski knows he's in over his head; what he comes to realize is that "so is the entire country". The government of Boris Yeltsin is under the thumb of seven powerful men known as "the oligarchs", and a crime boss from Chechnya - even as his homeland is under siege by Russian troops - has set himself up as one of Moscow's most powerful warlords. Meanwhile, the gap between haves and have-nots is widening into an abyss. Among Moscow's elite, solid-gold bathroom fixtures are de rigueur, while in Vladivostok, the last stop on the Trans-Siberian railway, local citizens must buy water by the pail from Russian mafia chieftains.
Brzezinski's irreverent, swashbuckling account captures the greed and desperation of the time. He bribes his way aboard a Russian submarine. He survives a freak radiation spike at Chernobyl and travels 400 miles on a private plane for lunch with a gorgeous robber baroness. He's set upon by Ukrainian thugs, who leave him tied with electrical cord in a bathtub. Fortified with vodka, he crashes ultranationalist Vladimir Zhirinovsky's birthday party. And he visits a camp of "Young Pioneers", in which children play an elaborate game to learn the principles of a free market - with disastrous results that foretell the chaos in store for the Russian economy.
Just as Liar's Poker shone a torch on investment banking in the '80s, Casino Moscow paints a lurid, hilarious picture of a capitalist market gone haywire and an era marked by boundless hope and despair.
- Sales Rank: #59163 in Audible
- Published on: 2013-07-17
- Released on: 2013-07-17
- Format: Unabridged
- Original language: English
- Running time: 779 minutes
Most helpful customer reviews
14 of 16 people found the following review helpful.
Been there, done that, now back again
By A Customer
Casino Moscow, about post-Soviet Russian and Eastern Europe, is a surprising page turner. Having worked in Russia and other former Soviet Republics, I was walking back in time as I read the book. Brzezinki's accurate portrayal of the life an expat (from the initial shock upon arrival, to the slow immersion to local custom, all the way to going native) and the business customs and irregularities (finding business partners, traveling on local transport, needless and antiquated bureaucracy, the mafia and all of the ironies in between). I laughed at loud at times and other times was reminded how scary a place to live it was. I think the comparisons to Liar's Poker are apt. The story is griping, funny, and for many people I know, all too close to reality. Billions of dollars at play in an unregulated wild west arena. He has the oil fields, oil men, bankers, Chechens, Tartars, Radisson, Nightflight, dinner parties, expat haunts, trips to the provinces,....all of it down pat and eerily reminiscent of what I know to be true. Casino Moscow culminates with an interesting and credible (hailing from the WSJ) perspective on the final spurts of Russian economic "growth."
9 of 10 people found the following review helpful.
Excellent Illustration of the "New Wild West"
By A Customer
I read this book cover-to-cover this past weekend and found that it captures the spirit and feelings I experienced while working and living in Russia myself in 1994-1996 as a highly paid and pampered business consultant. To this day, I still cannot accurately explain the living and working conditions as an expat in Russia/East Europe during those crazy years. I generally resort to pulling out the more than 300 hours of videotape and some 4000 pictures I took while there in order to remind myself what I went through. I do recall both cursing and thanking my circumstances on a daily basis -- cursing the long winter days, the inability to accomplish simple business tasks; thanking the opportunity I had to help transform the former "Evil Empire" into a potential commercial, financial, military and social ally of the West (Needless to say, those expats on the ground during those years had some lofty aspirations.)
I have been back to Moscow (as recently as this recent August) many times since my long-term stay and continually ask myself how the changes put into play in the early/mid-1990s resulted in the current state of the country and people.
For all of those who want to know what it was like during those wild and insane mid-1990s as an expat in Russia, this book is for you. There is no need for endless hours of videotape and pictures to see -- this book captures a big chunk of history in a neat and concise bundle.
10 of 12 people found the following review helpful.
The wild wild east
By John Person
This book is an entertaining and valuable read for anyone interested in the countries and people emerging from the collapse of the Soviet empire. The book covers far more than just Moscow but ranges into the Ukraine, Belarus, Siberia and Poland. The author has a good eye for physical and personal detail and sets scenes well. He is also able to draw the reader into an understanding of the larger implications of the events he witnessed. Brzezinski also has the advantage of growing up in French Canada as the son of Polish immigrant parents. The resulting linguistic and ethnic understanding has given him a feeling of closeness to the Slavic people of whom he writes. He is able to write in a fluid style for an American audience but at the same time he reveals a sense of irony toward the wonders of the capitalistic system that many Americans, no matter how well traveled, lack.
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