Kleptocracy Daily: December 14, 2016

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Today: Minxin Pei discussed his new book, China’s Crony Capitalism, with Richard McGregor, Evan Osnos, and Andrew Wedeman at Hudson Institute. Watch the recording.

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Finally… A California man who embezzled $5 million from his employer thenspent $1 million on “a bad video game that most of you will only know from some terrible Kate Upton commercials.”