Where Money Comes From
“The Times examination reveals the workings of an opaque economy for this global wealth. Lacking incentive or legal obligation to identify the sources of money, an entire chain of people involved in high-end real estate sales — lawyers, accountants, title brokers, escrow agents, real estate agents, condo boards and building workers — often operate with blinders on. As Rudy Tauscher, a former manager of the condos at Time Warner, said: ‘The building doesn’t know where the money is coming from. We’re not interested.’”
— Who can afford the luxury of being interested in where the money is coming from to buy all those condos, especially when there is so much to count?