Millionaire hedge fund manager Bill Browder visited Jon Stewart last night to promote his new book, Red Notice. The book describes an incident in which Browder’s Russian lawyer was kidnapped, tortured, and murdered by corrupt businessmen he had testified against in Russia.
In addition to writing a book, Browder also worked to pass American legislation that would punish individuals who participated in such shameful behavior. Here’s how he described the consequences of getting on the list created by that piece of legislation:
Getting your name on the list is the worst thing that could happen to you, because it’s a very strong sanction. What happens is, your name is on the list next to Al Qaeda members and all these other type of bad guys, and so there’s not a bank in the world, a US bank or a foreign bank, that will open an account for you when your name is on that list.
First of all, getting your name on the list is absolutely not the worst thing that could happen to anyone. For example, you could be kidnapped, tortured, and murdered by corrupt businessmen in Russia. Or for another example, you could be literally next to Al Qaeda members and not just appear on a list with them. Second of all, there are absolutely banks in the world that will open an account for you. Sure, only shady ones like HSBC, but that still counts.
I suppose the only kind of person who would suggest that appearing on some list that makes it marginally more difficult to store a great deal of money is a millionaire hedge fund manager — one who lacks a great deal of imagination, at that: