“My brothers always think: what would Jesus do? And they do that. I think: what would dad do? And I do the opposite.” — Jamison Firestone
What do you do if your dad was a multimillionaire conman, crack addict, and owner of New York’s most expensive brothel? If you’re Jamison Firestone, you transform yourself into his antithesis. You go to law school. You go to post-Soviet Russia and establish the country’s first independent foreign law firm. You employ Sergei Magnitsky and befriend Alexei Navalny. You transform yourself into one of Vladimir Putin’s most vocal foreign critics.
It’s quite a story. His memoir, Rule of Lies: My Wild Ride Through Chaos, Corruption, and Murder in Putin’s Russia (HarperCollins, June 4, 2026), is both a Russian and American confession. As an old friend of the show, Peter Pomerantsev, says: “This book is NUTS! — in the best possible way.”
Yes, Rule of Lies is nuts. But it’s also the best kind of contemporary history. Firestone arrived in Russia in 1991, at the very moment the KGB hardliners rolled tanks into the streets and kidnapped Gorbachev. He watched, within days, as the Russian people confronted the tanks. He saw Yeltsin emerge as the hero, the Soviet Union dissolve, and the promise of a free-market democracy consumed by mafia groups, corrupt officials, and the structural lawlessness of the transition. In 1993, Yeltsin shelled his own congress. In 1999, on New Year’s Eve, he got on television, wished everyone a happy new year, and resigned — handing the country to Vladimir Putin in exchange for a pardon. That, says Firestone, is how we got to Putinism’s kleptocratic rule of lies.
Firestone’s Russian memoir is also the Magnitsky story. He employed an accountant called Sergei Magnitsky, who uncovered the largest tax theft in Russian history, was arrested on fabricated charges, and died in pre-trial detention — probably murdered by the same corrupt officials he had exposed. The Magnitsky Act, the Magnitsky sanctions, the Global Magnitsky Justice Campaign — all of it connects back to Jamison Firestone. And, in a way, back to his dad, Richard, the New York City crook who schooled his rebellious son in the value of obeying the law and telling the truth.
Five Takeaways
• The Criminal Father Who Taught Him Everything He Needed for Russia: Firestone’s father was a brilliant, charming man who turned out, when Firestone was 15, to be a multimillionaire fraudster defrauding investors and the IRS. Indicted, his father went a little crazy: became a crack addict, bought New York’s most expensive brothel, started hanging out with loan sharks and contract killers. Firestone spent his late high school years learning to talk to contract killers — respectfully, to make them laugh, to say no and not get killed. That skill, he says, turned out to be exactly what he needed in Russia in the 1990s, when everyone was mafia. His father taught him crime doesn’t pay. He believed it.
• Arriving in Russia at the Moment of the Coup: Firestone arrived in Russia in 1991, at the very end of the Gorbachev era, during the opening of the Soviet Union. Within days, KGB hardliners rolled tanks into the streets, kidnapped Gorbachev, and declared the reforms over. Then — the extraordinary thing — the Russian people stood up. The tanks backed down. Gorbachev was released. But the hero of the day was Yeltsin, not Gorbachev. The Soviet Union dissolved within months. What followed was a chaotic, disorderly transition in which democracy got lost: everyone, including Firestone and the US government, was so concentrated on the business opportunities that no one noticed the democratic backsliding until it was too late.
• Yeltsin Shelling His Congress, and Putin’s New Year’s Eve Deal: Two moments stand out in Firestone’s account of Russia’s democratic failure. First: in 1993, Yeltsin resolved a standoff with his own congress by shelling it — the equivalent, Firestone says, now that January 6 has happened, of not unimaginable. Everyone — the US government, Firestone himself — saw it as a triumph for the free market. They didn’t recognise how undemocratic it was. Second: on New Year’s Eve 1999, Yeltsin got on national television, wished everyone a happy new year, and resigned — handing the country to Vladimir Putin in exchange for a pardon. “That’s how we got Putin,” Firestone says. For a pardon.
• Sergei Magnitsky: The Tax Fraud, the Murder, and the Act: Firestone employed Sergei Magnitsky as a tax adviser and auditor. Magnitsky uncovered what was then the largest tax theft in Russian history — committed by the same government officials who had raided and seized a Browder-connected fund. Magnitsky reported it to the authorities. He was arrested on fabricated charges, denied medical treatment in pre-trial detention, and died — murdered, in Firestone’s view, by the officials he had exposed. The Magnitsky Act, which sanctions human rights abusers, grew from that death. The Global Magnitsky Justice Campaign, which Firestone co-founded with Bill Browder, has extended it worldwide.
• Russia’s Precarity and Why Ukraine Must Not Fall: Firestone’s current work is dedicated to seizing Russian state assets for the benefit of Ukraine. His strategic assessment: Russia has burnt through its $600 billion reserve fund under sanctions — it took four years, but it’s done. Russia now owes hundreds of billions of dollars. Putin cannot force a mass mobilisation without becoming deeply unpopular, and even the huge financial incentives he’s offering for enlistment are no longer working. The regime is precarious. But Firestone’s long-term hopes for Russia do not change his short-term argument: if Russia is not stopped in Ukraine, the West will be fighting it when it takes a chunk of Europe that used to be part of the Soviet Union.
About the Guest
Jamison Firestone established Russia’s first independent foreign law firm, where he worked for eighteen years. He is the author of Rule of Lies: My Wild Ride Through Chaos, Corruption, and Murder in Putin’s Russia (HarperCollins, June 4, 2026). He is co-founder (with Sir William Browder) of the Global Magnitsky Justice Campaign, which created the Magnitsky human rights and anti-corruption sanctions regimes. He also ran the Navalny 35 campaign promoting the sanctioning of corrupt oligarchs and officials identified by Alexei Navalny. He currently works on seizing Russian state assets for the benefit of Ukraine. He lives in London.
References:
• Rule of Lies: My Wild Ride Through Chaos, Corruption, and Murder in Putin...