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September 23, 2009

EMINENT DOMAINIA: The Big Apple Bites!

For all we know, Mikhail Prokhorov is a nice, upstanding guy who used his smarts, financial acumen, fair dealing and good luck to amass a fortune worth billions in precious metals. And we're quite sure we'd prefer just about anyone to Bruce Ratner.

But we do have to ask: is New York State really going to exercise its power of eminent domain for the primary benefit of Russia's richest man?

Posted by eric at September 23, 2009 3:00 PM