Tuesday, February 15, 2011

Rich Take From Poor as U.S. Subsidy Law Funds Luxury Hotels




Rich Take From Poor as U.S. Subsidy Law Funds Luxury Hotels

Bloomberg Business Week 2/8/2011 The landmark Blackstone Hotel in downtown Chicago, which has hosted 12 U.S. presidents, opened in 2008 after a two-year, $116 million renovation. Inside the Beaux Arts structure, built in 1910, buffed marble staircases greet guests spending up to $699 a night for rooms with views of Lake Michigan. What's surprising isn't [...]

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