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Economy | The Nation

Economy

New York City luxury apartment

How New York Real Estate Became a Dumping Ground for the World’s Dirty Money

Shady magnates and corrupt politicians from all over the globe are stashing their ill-gotten wealth in luxurious Manhattan apartments.

by Michael Hudson, Ionuț Stănescu and Sam Adler-Bell

The federal judge is waging a one-man war on bank-friendly SEC settlements.
Posted Jun 18 2014 - 3:35pm
We should move money toward innovation in the labor movement.
Posted Jun 18 2014 - 5:18pm
The retail giant acknowledges that a “thorough review” is under way and vows “appropriate action” if violations are discovered.
Posted Jun 11 2014 - 1:50pm

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News and Features

Averting planetary disaster will mean forcing fossil fuel companies to give up at least $10 trillion in wealth.

By pouring money into politics, pesticide companies have beat back attempts to protect the public.

Most states shut down their debtors’ prisons more than 100 years ago; in 2005, Harpersville, Alabama, opened one back up.

Luxury Apartment

Shady magnates and corrupt politicians from all over the globe are stashing their ill-gotten wealth in luxurious Manhattan apartments.

Union protest

After one of Supreme Court’s most anti-union rulings in recent years, is there still time for organized labor to save itself?

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