In the courtroom, Mikhail Khodorkovsky’s relatives gasped at his stiff sentence on Tuesday. Russia’s once richest man will spend the next seven years, give or take time for good behavior, laboring in a penal colony.
On Moscow trading floors, there was also a collective sigh — but it was one of relief. The yearlong courtroom spectacle has sent Russian markets spinning and exposed the dirty underside of Kremlin politics. Irrespective of the government running roughshod over the legal system and using the tax police as a political tool, investors just want a break.
MSNBC