Aufsatz(elektronisch)1. April 2021
Arch villains
In: Soundings: a journal of politics and culture, Band 77, Heft 77, S. 71-75
Verfügbarkeit an Ihrem Standort wird überprüft
Dieser Artikel ist auch in Ihrer Bibliothek verfügbar: |
elektronisch
gedruckt
Abstract
The privatisation of railway arches, which has led to big rent hikes and many small-business closures, is an example of asset-based capital in action. Arch Co were able to buy a 150-year lease of the arches because of successive governments' massive programme of privatisation of publicly
owned land. It is jointly owned by Blackstone and Telereal Trillium, two global property companies. Blackstone CEO is Steve Schwarzman, formerly of Lehman Brothers and a Trump ally. Telereal Trillium is owned by the William Pears property group, whose advisor, Lord Griffiths, was one of the
Goldman Sachs executives involved in the Malaysian 1MDB scandal.
Problem melden