Mikhail Bakunin the means, and so, in order to free the masses, they have first to be enslaved." However, Bakunin also wrote of meeting Marx in 1844: Bakunin found Marx's economic analysis very useful and began the job of translating "Das Kapital" into Russian. In turn Marx wrote of the rebels in the Dresden insurrection of 1848 that "In the Russian refugee Michael Bakunin they found a capable and cool headed leader." Marx wrote to Engels of meeting Bakunin in 1864 after his escape to Siberia saying "On the whole he is one of the few people whom I find not to
IFD Kapital Group The holding company 'Group Kapital Asset Management' CJSC was the second largest Russian asset management firm with over 230 billion rubles of assets in management,as of September 30, 2012 per company website. It comprises three companies, namely Kapital Asset Management Company LLC, Kapital Asset Management joint stock company (JSC) and Management Company Kapital Mutual Funds LLC. The holding is headed by Sergei Mikhailov, a member of the Board of Directors with numerous connections. The holding totaled assets of RUR 132.7 billion as of March 31, 2013. In November 2013 Bloomberg News reported IFD Kapital was planning to sell the holding