Topic: Macquarie Bank

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Escrow Schmeshcrow
Episode 209 1:55:42 - 1:58:21

209: Escrow Schmeshcrow

Macquarie Bank, Texas Newspaper Acquisitions

Australian investment firm Macquarie Bank purchased 40 local newspapers in Texas and Oklahoma for $80 million. The move is seen as an attempt to silence local opposition to the Trans-Texas Corridor and foreign-owned toll roads, which involve controversial eminent domain seizures of private farmland.