Arch villains

Richard E. Payne
{"title":"Arch villains","authors":"Richard E. Payne","doi":"10.3898/soun.77.05.2021","DOIUrl":null,"url":null,"abstract":"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 bought a 150-year lease of the arches formerly owned by Network Rail during Chris Grayling's custodianship as transport secretary - as part 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. Its advisor, Lord Griffiths, was one of the Goldman Sachs executives involved in the Malaysian 1MDB scandal.","PeriodicalId":403400,"journal":{"name":"Soundings: a journal of politics and culture","volume":"14 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Soundings: a journal of politics and culture","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3898/soun.77.05.2021","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

Abstract

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 bought a 150-year lease of the arches formerly owned by Network Rail during Chris Grayling's custodianship as transport secretary - as part 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. Its advisor, Lord Griffiths, was one of the Goldman Sachs executives involved in the Malaysian 1MDB scandal.
拱恶棍
摘要:铁路拱桥私有化导致租金大幅上涨,许多小企业倒闭,这是资产资本运作的一个例子。作为历届政府大规模公有土地私有化计划的一部分,Arch公司在克里斯•格雷林(Chris Grayling)担任交通大臣期间,买下了铁路网(Network Rail)拥有的拱门150年的租约。它由两家全球房地产公司黑石集团(Blackstone)和Telereal Trillium共同拥有。黑石首席执行官史蒂夫•施瓦茨曼(Steve Schwarzman)曾在雷曼兄弟(Lehman Brothers)任职,是特朗普的盟友。Telereal Trillium由William Pears房地产集团所有。其顾问格里菲思勋爵(Lord Griffiths)是卷入马来西亚1MDB丑闻的高盛高管之一。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信