The Assassination of New York

The original edition of this book set out to unearth New York'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. It ended with the downfall of David Dinkins and the crisis of downtown. Now, in this new edition, Fitch subjects the legacy of Rudolph Giuliani to a brutal revision. Through secretly managing the largest real-estate tax cut in the city's history, Giuliani provided a record transfer of wealth from welfare poor to real-estate rich. As a result, the Mayor's most lasting legacy turned out to be the accumulation of the greatest debt in urban history, turning New York into the Enron of cities.