Moskva

Deripaska is tired and desperate. In his first interview since the financial crisis struck here, he talks about his frantic hunt for investors, the role of the state and what it’s like to lose billions. The story touches upon a major concern — the collateral firms have to put up in return for state bailout money, and whether this is yet another sneaky way for the state to grab assets (though they don’t really have to be so sneaky about it, do they).