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The Assassination of New York
by Robert Fitch
Publisher: Verso Books 1993
Category: Non-fiction20th centuryWall StreetPolitics
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Robert Fitch's The Assassination of New York unearthed Gotham's great secret: how its multinational banks and landowning families, led by the Rockefellers, scuttled the City's matchless port and planned the destruction of its once rich manufacturing base. In this fascinating new edition, Fitch shows how Giuliani provided a record transfer of wealth from welfare poor to real estate rich. His most lasting legacy turns out to be the accumulation of the greatest debt in urban history, turning New York into the Enron of cities. The city and the state now owe more than Argentina. Schools earmarked for money remain dilapidated. Billions disappeared into organized crime- dominated precincts. Fitch updates his classic story of how the capitol of free enterprise was built by state planning and maintained by city subsidies. He adds an insider's account of the Second Battle of Lower Manhattan now unfolding between the city's uptown and downtown real estate titans.

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