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May 25, 2009

Ratner, Botstein and Gehry: birds of a feather

Louis Proyect: The Unrepentant Marxist

An unrepentant Marxist, blogger, and Bard College alum notes that Bruce Ratner was recently appointed a trustee of his alma mater.

In a tiny announcement, the magazine informed its readers that “Bruce C. Ratner, director of Forest City Enterprises, was appointed to the Board of Trustees.” Right off the bat, I had to assume that Ratner was cut from the same cloth as Asher Edelman, Susan Weber (George Soros’s ex-wife), and Charles P. Stephenson Jr. He was likely to have made his money through some ill-gotten gains or to have come by it through marriage as Susan Weber and fellow board member and ultra-Zionist Martin Peretz did. Edelman, a Bard graduate who the Gordon Gekko character in Oliver Stone’s “Wall Street” was based on, used to be a business partner of corporate raider Stephenson before the threat of arrest for insider trading forced him to relocate to Europe and out of the securities business.

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NoLandGrab: Proyect's on the right track with his hunch about ill-gotten gains, but he's a little shaky when it comes to other details, like the idea that community opposition forced the Atlantic Yards project to relocate from Prospect Heights to Downtown Brooklyn. Score one for Ratner's public relations effort!

Posted by eric at May 25, 2009 11:29 AM