I’ll summarize two big articles (one in NYT, one in WaPo):
(1) Trump ran his casinos into the ground in the early ’90s, even while other casinos were doing well.
(2) Trump borrowed $20 million from his siblings to stay afloat.
(3) When that wasn’t enough, Trump started a publicly traded company, DJT, to fleece investors into taking on debt in his casinos. He also looted the company by giving himself a lot of money.
(4) DJT has filed for bankruptcy three times.
Item (3) sounds a lot like what Conrad Black went to the clink for. Black came out of jail believing a lot of unserious left-wing things about the American criminal justice system (though even now he’s a Trump-loving wingnut). I wonder if Trump would do the same or if he’d still be such a “law and order” guy.
Folks say papa would beg, borrow, steal to pay his billsPost + Comments (138)