American Oligarchs: The Kushners, the Trumps, and the Marriage of Money and Power

A New York Times Bestseller

A multigenerational saga of two families, who rose from immigrant roots to the pinnacle of wealth and power, that tracks the unraveling of American democracy.

In American Oligarchs, award-winning investigative journalist Andrea Bernstein tells the story of the Trump and Kushner families like never before. Their journey to the White House is a story of survival and loss, crime and betrayal, that stretches from the Klondike Gold Rush, through Nazi-occupied Poland and across the American Century, to our new gilded age. In building and maintaining their dynastic wealth, these families came to embody the rising nationalism and inequality that has pushed the United States to the brink of oligarchy.

Building on her landmark reporting for the acclaimed podcast Trump, Inc. and The New Yorker, Bernstein’s painstaking detective work brings to light new information about the families’ arrival as immigrants to America, their paths to success, and the business and personal lives of the president and his closest family members.

Bernstein traces how the two families ruthlessly harnessed New York and New Jersey machine politics to gain valuable tax breaks and grew rich on federal programs that bolstered the middle class. She shows how the Trump Organization, denied credit by American banks, turned to shady international capital. She reveals astonishing new details about Charles Kushner’s attempts to ensnare his brother-in-law with a prostitute and explores how Jared Kushner and his father used a venerable New York newspaper to bolster their business empire.

Drawing on more than two hundred interviews and more than one hundred thousand pages of documents, many previously unseen or long forgotten, Bernstein shows how the Trumps and the Kushners repeatedly broke rules and then leveraged secrecy, intimidation, and prosecutorial and judicial power to avoid legal consequences.

The result is a compelling narrative that details how the Trump and Kushner dynasties encouraged and profited from a system of corruption, dark money, and influence trading, and that reveals the historical turning points and decisions—on taxation, regulation, white-collar crime, and campaign finance laws—that have brought us to where we are today.

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American Oligarchs: The Kushners, the Trumps, and the Marriage of Money and Power

A New York Times Bestseller

A multigenerational saga of two families, who rose from immigrant roots to the pinnacle of wealth and power, that tracks the unraveling of American democracy.

In American Oligarchs, award-winning investigative journalist Andrea Bernstein tells the story of the Trump and Kushner families like never before. Their journey to the White House is a story of survival and loss, crime and betrayal, that stretches from the Klondike Gold Rush, through Nazi-occupied Poland and across the American Century, to our new gilded age. In building and maintaining their dynastic wealth, these families came to embody the rising nationalism and inequality that has pushed the United States to the brink of oligarchy.

Building on her landmark reporting for the acclaimed podcast Trump, Inc. and The New Yorker, Bernstein’s painstaking detective work brings to light new information about the families’ arrival as immigrants to America, their paths to success, and the business and personal lives of the president and his closest family members.

Bernstein traces how the two families ruthlessly harnessed New York and New Jersey machine politics to gain valuable tax breaks and grew rich on federal programs that bolstered the middle class. She shows how the Trump Organization, denied credit by American banks, turned to shady international capital. She reveals astonishing new details about Charles Kushner’s attempts to ensnare his brother-in-law with a prostitute and explores how Jared Kushner and his father used a venerable New York newspaper to bolster their business empire.

Drawing on more than two hundred interviews and more than one hundred thousand pages of documents, many previously unseen or long forgotten, Bernstein shows how the Trumps and the Kushners repeatedly broke rules and then leveraged secrecy, intimidation, and prosecutorial and judicial power to avoid legal consequences.

The result is a compelling narrative that details how the Trump and Kushner dynasties encouraged and profited from a system of corruption, dark money, and influence trading, and that reveals the historical turning points and decisions—on taxation, regulation, white-collar crime, and campaign finance laws—that have brought us to where we are today.

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American Oligarchs: The Kushners, the Trumps, and the Marriage of Money and Power

American Oligarchs: The Kushners, the Trumps, and the Marriage of Money and Power

by Andrea Bernstein
American Oligarchs: The Kushners, the Trumps, and the Marriage of Money and Power

American Oligarchs: The Kushners, the Trumps, and the Marriage of Money and Power

by Andrea Bernstein

Hardcover

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Overview

A New York Times Bestseller

A multigenerational saga of two families, who rose from immigrant roots to the pinnacle of wealth and power, that tracks the unraveling of American democracy.

In American Oligarchs, award-winning investigative journalist Andrea Bernstein tells the story of the Trump and Kushner families like never before. Their journey to the White House is a story of survival and loss, crime and betrayal, that stretches from the Klondike Gold Rush, through Nazi-occupied Poland and across the American Century, to our new gilded age. In building and maintaining their dynastic wealth, these families came to embody the rising nationalism and inequality that has pushed the United States to the brink of oligarchy.

Building on her landmark reporting for the acclaimed podcast Trump, Inc. and The New Yorker, Bernstein’s painstaking detective work brings to light new information about the families’ arrival as immigrants to America, their paths to success, and the business and personal lives of the president and his closest family members.

Bernstein traces how the two families ruthlessly harnessed New York and New Jersey machine politics to gain valuable tax breaks and grew rich on federal programs that bolstered the middle class. She shows how the Trump Organization, denied credit by American banks, turned to shady international capital. She reveals astonishing new details about Charles Kushner’s attempts to ensnare his brother-in-law with a prostitute and explores how Jared Kushner and his father used a venerable New York newspaper to bolster their business empire.

Drawing on more than two hundred interviews and more than one hundred thousand pages of documents, many previously unseen or long forgotten, Bernstein shows how the Trumps and the Kushners repeatedly broke rules and then leveraged secrecy, intimidation, and prosecutorial and judicial power to avoid legal consequences.

The result is a compelling narrative that details how the Trump and Kushner dynasties encouraged and profited from a system of corruption, dark money, and influence trading, and that reveals the historical turning points and decisions—on taxation, regulation, white-collar crime, and campaign finance laws—that have brought us to where we are today.


Product Details

ISBN-13: 9781324001874
Publisher: Norton, W. W. & Company, Inc.
Publication date: 01/14/2020
Pages: 496
Sales rank: 490,953
Product dimensions: 5.90(w) x 9.20(h) x 1.40(d)

About the Author

Andrea Bernstein is the Peabody Award–winning cohost of the acclaimed WNYC/ProPublica podcast Trump, Inc., which won the prestigious 2019 Alfred I. duPont–Columbia University award. In addition to broadcast appearances on outlets including PBS NewsHour, CNN, and Fresh Air, her work has appeared in The New Yorker, the New York Times, the Washington Post, New York, and on NPR.

Table of Contents

Prologue The Wedding 1

Introduction 11

Act I

1 The Escape 27

2 The American Dream 42

3 Land of Opportunity 54

Act II

4 The Fall of New York 71

5 The Business of Donald Trump 83

6 The Gamble 92

7 The Don of Suburbia 111

8 Icarus 124

Act III

9 "A Bridge to the Future" 145

10 Escape From New Jersey 159

11 Entrée 175

12 A Flood of Money 192

13 The Initiation 203

Act IV

14 "To Spend Without Limit" 219

15 License 231

16 Other People's Money 251

17 The Merger 268

Act V

18 The Infomercial 289

19 Big Caviar 305

20 Dirt 320

21 Trump, Inc. 331

22 "A Terrible Situation" 353

23 American Oligarchy 365

24 Justice 374

Epilogue 401

Afterword 413

Acknowledgments 421

Note on Sources 425

Notes 431

Index 477

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