Mikhail Prokhorov was officially and almost unanimously elected president of the Right Cause Party Saturday, once again vowing to be an independent voice for capitalism in Russia. But he faced criticism that his party is merely part of a public relations effort by the country's leaders to pretend there is real political diversity in Russia.

In his speech of members for Pravoe Delo, the party's Russian name, Prokhorov said that while the party's slogan is "Capitalism for All", he understands "An intelligent, professional and fair state should give others social guarantees and support."  If the party can get 7 per cent of the vote in December's parliamentary elections, Prokhorov is likely to hold an official post in the government, but that is by not means certain.

• Nets Owner, Mikhail Prokhorov, Takes Helm of Russian Party - Andrew Kramer - New York Times
• Nets Owner Prokhorov to Lead Russian Business Party - Allan Cullison - Wall Street Journal
  
• Nets owner Prokhorov elected Russian party chief - David Nowak - AP
• Russian oligarch elected head of pro-Medvedev party - Maria Tsvetkova - Reuters 
• Russian Billionaire Nets Owner Prokhorov Voted Head of Political Party - Lyubov Pronina - Bloomberg
  
• Billionaire elected head of Russia reform party - Agence France Presse
• 'I'll be a good prime minister': Russian 3rd richest man launches new venture (Video) - Egor Piskunov - Russia Today
• Believe It Or Not, Prokhorov Might Have Bigger Fish To Fry Than Retaining Deron Williams - Can't Stop the Bleeding
• Nets Owner Elected Head Of Russian "Opposition" Party That Really Won't "Oppose" The Kremlin - Brian Hickey - Deadspin