If a merchant entrust money to an agent (broker) for some investment, and the broker suffer a loss in the place to which he goes, he shall make good the capital to the merchant.
Putin was born on 7 October 1952 in Leningrad, Soviet Union (now Saint Petersburg, Russia), the youngest of three children of Vladimir Spiridonovich Putin (1911–1999) and Maria Ivanovna Putina (née Shelomova; 1911–1998).