Author: Russ Choma

Trump Hotel Sale Was Partially Financed by Trump-Friendly Bank

When Donald Trump sold his luxury DC hotel this week, the new owners agreed to fork over a surprising amount of money. Florida-based CGI Merchant Group will pay a reported $375 million for the hotel—a price of more than $1 million per guest room, which would set a record in the nation’s capital. But according […]

Still in Contempt, Trump Now Owes New York $150,000

Former President Donald Trump now owes at least $150,000 in fines for contempt of court stemming from his failure to cooperate with New York Attorney General Letitia James’ civil fraud investigation into his business practices—and there’s still no indication of when the financial penalties will stop increasing. Trump has been trying to fend off James’ […]

A US Government Loophole Is Helping Putin’s Cronies Hide Their Cash

Over the past four decades, private equity has become a powerful, and malignant, force in our daily lives. In our May/June 2022 issue, Mother Jones investigates the vulture capitalists chewing up and spitting out American businesses, the politicians enabling them, and the everyday people fighting back. Find the full package here. After Russia invaded Ukraine, Western nations hit back with […]

These Are Congress’ Biggest Private Equity Investors

Over the past four decades, private equity has become a powerful, and malignant, force in our daily lives. In our May/June 2022 issue, Mother Jones investigates the vulture capitalists chewing up and spitting out American businesses, the politicians enabling them, and the everyday people fighting back. Find the full package here. Among the 22 members of the House and […]

New York Judge Holds Donald Trump in Contempt of Court

New York state Attorney General Letitia James won a significant victory over former President Donald Trump on Monday, when the judge overseeing her civil fraud investigation into his company’s business practices ordered that Trump be held in contempt of court for refusing to turn over documents. James is investigating whether Trump and his company fraudulently […]

Trump’s Social Media Empire Is Flailing

When Donald Trump announced he planned to launch his own social media platform—and eventually his own streaming and web-hosting MAGA-verse—his allies speculated it could launch him into another stratosphere of messaging power and wealth. The idea was to wed the former president’s new venture to a so-called “SPAC” (a Special Purpose Acquisition Company)—a publicly-traded empty […]