Let’s learn a little something about the Eric Trump Foundation

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The Eric Trump Foundation declined to comment on that donation. In effect, though, this maneuver would appear to have more in common with a drug cartel’s money-laundering operation than a charity’s best-practices textbook. That $100,000 in outside donations to the Donald J. Trump Foundation (remember: Trump himself didn’t give to his own foundation at this time) passed through the Eric Trump Foundation–and wound up in the coffers of Donald Trump’s private businesses.

“His father, Mr. Trump, always, until the presidency, had a very, very tight rein on what was going on,” says Gillule, referring to the company’s golf courses. “The buck always stopped with him.”

pub. 06/2017

The loyal oligarchs: A glimpse into the inner workings of Putin’s reign

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(In the paper edition, this article was titled “Oligarchy 2.0”.)

In the nineties, Russia’s oligarchs appropriated state assets—industrial production, mining, and oil and gas deposits—and did what they wanted with them. The oligarchs of the Putin era, on the other hand, are themselves assets of the state, administering business fiefdoms that also happen to pay handsomely. Many have a long-standing relationship with the President, and a particular sphere of responsibility. Rotenberg’s is infrastructure.

pub. 05/2017