From the TimesOnline:
With Russian tanks only 30 miles from Tbilisi on August 12, Mr Sarkozy told Mr
Putin that the world would not accept the overthrow of Georgia’s Government.
According to Mr Levitte, the Russian seemed unconcerned by international
reaction. “I am going to hang Saakashvili by the balls,” Mr Putin declared.
Mr Sarkozy thought he had misheard. “Hang him?” — he asked. “Why not?” Mr
Putin replied. “The Americans hanged Saddam Hussein.”
Mr Sarkozy, using the familiar tu, tried to reason with him: “Yes but do you
want to end up like [President] Bush?” Mr Putin was briefly lost for words,
then said: “Ah — you have scored a point there.”