The Ticking Clock of Corruption

By Ken Silverstein

From Seth Hettena:

Vedomosti, a gutsy Russian business newspaper, has come up with a rather ingenious way of studying local officials for possible signs of corruption. (English Pravda version here.) It published 36 photos of Russian officials, including Prime Minister Vladimir Putin and President Dmitry Medvedev.

Vedomosti found the most expensive watch on the wrist of Vladimir Resin, the deputy mayor of Moscow responsible for the construction sector. In his official biography, he says his only hobby is labor. That labor has been quite lucrative for Deputy Mayor Resin. He is shown above wearing a GreubelForsey Double Tourbillon 30° that costs either $360,000 (for the white gold edition) or $425,000 for the platinum edition.