Russian oligarchs foot most of 2014 Sochi Olympics

Associated Press
Russian oligarchs foot most of 2014 Sochi Olympics

FILE - In this Thursday, Oct. 14, 2010 file photo, then, Russian Prime Minister Vladimir Putin, second right, Formula One chief Bernie Ecclestone, second left, and Oleg Deripaska, toast after a signing ceremony in the Black Sea resort of Sochi, southern Russia. Oleg Deripaska's Basic Element, insists its projects were all designed to be profitable. The company is building an Olympic village and a seaport and has just finished revamping the Sochi airport, for a combined cost of $1.4 billion. (AP Photo/Mikhail Metzel, File)

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