Entrenched power only fell because the trustee bank was run by the Governor’s brother

Evidence

A bank controlled by a single family could do so, however. In the entire United States, only one bank large enough to be a trustee for $367,200,000 in bonds is still family controlled. What was necessary to remove Moses from power was a unique, singular concatenation of circumstances: that the Governor of New York be the one man uniquely beyond the reach of normal political influences, and that the trustee for Triborough’s bonds be a bank run by the Governor’s brother. — Robert A. Caro, The Power Broker, 4622

Categorization

  • XREF: Connects to the chapters showing Moses’ institutional props (bond covenants, civil service laws) — here the same institutions fail because of one family link. — connects to: Only Rockefeller, not Lindsay, could finally strip Moses of his last power. — Robert A. Caro, The Power Broker: Robert Moses and the…, 4584; A family-controlled bank was uniquely positioned to betray its legal trustee duty — Robert A. Caro, The Power Broker: Robert Moses and the…, 4596
  • SEED: Article angle: ‘The last bulwark’ — how dynastic family control of a supposedly public institution quietly voided what courts would have upheld, as a case study in formal safeguards.