Mikhail Khodorkovsky, head of oil giant Yukos, was seized by special forces at a Siberian airport Saturday. He was sent to Moscow and charged with a $1 billion (30 billion rubles) fraud and tax evasion.

Yukos -- as well as Russian businessmen and politicians -- said the arrest of Khodorkovsky, whose wealth was estimated by Forbes magazine at $8 billion and has funded two liberal opposition parties, was politically motivated.

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Putin bags another Oligarch. He's really consolidating his power. He effectively ended freedom of the press when he toppled Berezovsky's media empire, and renationalized the last independant television station... and then following Nord Ost, he has threatened to revoke freedom of the press for "bad coverage" when he is criticized. Now out goes Xodorkovsky. There will be more to come. Putin will never step down as President. When Bush says he can see into his soul, I believe it. One motherfucker to another.

The Oligarchs are all evil, bad men. Thieves on probably the largest scale the twentieth century has seen. But where Putin conquers, he does not bring reform. He replaces the toppled gang with his own... the FSB. The domestic branch of the former KGB.

Russia markets rocked by arrest: Putin bags another Oligarch