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Other oligarchs. according to bill browder, he issued them an ultimatum. >> the other oligarchs of russia, they went to putin and said vladimir, what do we have to do to make sure we don't sit in a cage? and putin said, 50%. 50% for vladimir putin. and at that point he became the silent business partner of all the oligarchs. >> putin was re-elected in a landslide in march 2004, winning 71% of the vote. six months later, in september, tragedy struck the russian city of beslan when chechen militants occupied a school for three days, taking more than 1,100 people hostage including almost 800 chil...

Including almost 800 children. army troops stormed the school to end the siege. by the time it was over, 334 people were dead, half of them children. it was a turning point for putin and for russia. >> this was used by putin's surrounding start new political. which in fact moved to us strong consolidation of political power in one hand. and putin in fact started to be more dictator than elected president. >> in the wake of beslan, putin eliminated elections for governors across russia, he would now appoint them. and those who crossed him, were punished. in november 2005, american-born investor...

Had a new leader. >> putin had him displayed in a cage during his trial to get the attention of other oligarchs. he issued an ultimatum. >> the other oligarchs of russia went to putin and said vladimir, what do we have to do to make sure we don't sit in a cage? and he said 50%. 50% of vladimir putin. and at that point he became the silent business partner of all the oligarchs. >> putin was re-elected in a landslide in march 2004. winning 71% of the vote. six months later in september tragedy struck the russian city of bes lm when militants occupied a school for three days, taking more than 1,1...

Hostage. including 8 hunl children. army troops stormed the school to end the siege. by the time it was over, 334 people were dead, half of them children. it was a turning point for putin and for russia. >> this was used by putin's surrounding start new political. which in fact moved to us strong consolidation of political power in one hand. and putin in fact started to be more dictator than elected president. >> in the wake of beslan, putin eliminated elections for governors across russia, he would now appoint them. and those who crossed him, were punished. in november 2005, american-born inv...

Authorities found detonation wires and materials purchased at a local home depot. the bomber used rare batteries from asia, which were easy to trace and he personally mail his bombs at fed ex centers wearing a disguise. he was quickly identified. we should note a texas went sent a package bomb to president obama and governor abbott. there was cat hair on the label. she was caught. shep? >> shepard: trace gallagher in l.a. the dow down 2.5% and 640 points. the nasdaq and the s&p 500 are worse. the s&p -- that's the nasdaq. it's down 4.5% now. 334 points on the session. the s&p 500 also down mor...