From Chernomyrdin to Kirienko: The Rise of the Nizhnii Novgorod Group

Viktor Chernomyrdin and Anatolii Chubais were defeated by the very interests they had protected while in their state posts. They had allowed the oligarchs to block attempts to boost sluggish socio-economic development and resolve growing financial concerns. Sergei Kirienko could cement Yeltsin's reforms-or be a placeholder until Yeltsin's third term begins.