He says we are stripping assets.

It is about more for less while asset stripping public assets and placing them in private hands.

Stripping assets for a quick buck and treating tens of thousands of elderly people like commodities to be bought and sold.

"It's clear they were already stripping assets and revenue," Mr. Rebgun said, adding that in 2003, Yukos reported a loss of $1 million.

After Mr. Lorenzo had taken over Eastern, Eastern unions contended that he was stripping assets from the airline.

Minority shareholders say management has been stripping assets ahead of the vote.

Mr. Fyodorov, a former finance minister and leading market reformer, has long been calling for a change in the company's management, which he says has been stripping assets.

Both Yukos and Sibneft have repeatedly been accused of compensating for poor management and cash-flow problems by stripping assets from their subsidiaries.

The investors have expressed concern that executives may be stripping assets from Gazprom, the world's largest producer of gas.

Furthermore, quick privatization often led to a class of inside managers who stripped assets and blocked reforms.