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The Power Broker: Robert Moses and the Fall of New York - Part 7, Chapter 49 The Last Stand Summary & Analysis

Robert Caro
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Part 7, Chapter 49 The Last Stand Summary

Rockefeller has his own plans for transportation and now becomes involved in removing Moses. He wants access to the Triborough surplus to use for his projects. Like Lindsay and the others, Rockefeller can't break the bond covenants without the bondholders suing as a result. If the bondholders sue, the bondholders will win. The trustee for the bondholders is Chase Manhattan Bank, which is controlled by the Rockefeller family.

Rockefeller announces his new transportation plan. He obtains Moses' support for the plan by promising him a position with the combined transportation authority. Rockefeller's referendum passes. There is still the problem of possible lawsuits from merging Triborough into a larger authority. Moses is gearing up for the Triborough Authority to file suit but finds the plans don't include using the surplus. The Rockefellers work out a plan...

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This section contains 329 words
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Buy The Power Broker: Robert Moses and the Fall of New York Study Guide
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