Posted on 03/08/2016 12:07:03 PM PST by reaganaut1
What is Donald Trump’s art of deal-making? Failing to uphold his end of the bargain.
In 1990, while Trump was dropping $1 million every week on his homes, yacht, private jet, and other personal expenses, he had defrauded contractors and construction workers by upwards of $60 million. His struggling casinos, airline, and real-estate holdings couldn’t simultaneously maintain his lifestyle and pay hired workers, so he chose to keep the former and cheat the latter.
Trump owed a team of construction firms and suppliers payments for their work on his Taj Mahal hotel and casino, which were nearly bankrupt. (Trump himself was about $3 billion in debt to banks and junk bond holders.) Marty Rosenberg, then–vice president of Atlantic Plate Glass, said Trump owed his company about $1.5 million in late payments for a glass job on the hotel. S. A. Miller writes in the Washington Times,
Mr. Rosenberg, who was vice president of Atlantic Plate Glass at the time, helped form a committee of construction firms and suppliers stiffed by Mr. Trump. He then served as a member of the so-called Group of Seven leading the committee’s negotiations that resulted in the contractors getting partial payments.
Atlantic Plate Glass lost about $450,000 in the settlement, said Mr. Rosenberg, adding that his personal finances took a hit because of his minority stockholder stake in the firm, and that the company struggled but overcame the loss.
Others fared worse, he said, including smaller businesses that didn’t survive.
(Excerpt) Read more at nationalreview.com ...
But i just heard that Trump makes less than $500,000 per YEAR
1. North Korea, just yesterday. threating to attack us with nukes
2.The Iranian's with their newly acquired 150 billion dollars -can simply buy nukes now!
3. Mullah Obama has already begun flying in his preset goal of 170,000 Islamic Muslim rapefugees! How many of these 170,000 will eventually beat, rape and murder our fellow Americans. How many of these 170,000 will arrive here - and eventually pull out machine guns on us.
4. The illegal mexican horde currently here and the illegal mexican hordes always enroute here -taking millions upon millions of jobs from Americans (white, black and hispanic Americans), swarming our schools, bankrupting our hospitals, raping and murdering fellow Americans. [and all the very slimy democrat politicians welcoming them -as potential democrat voters]
I'm voting for Trump!
National Review
Nobody named Celina Durgin
Topic: Trump is Bad
Action: Round File
How many people died in Benghazi on Trump’s watch?
agree and same
National review, that establishment crap should never be seen on here and why anyone posts such utter drivel is beyond me.
Is this Catholic-staffed publication prejudiced against Protestants or Presbyterians?
Are these the same builders that stiff the planners by a 300-percent cost margin?
Good post but watch as the trump folks attack national review and not the information in the article.
It’s a sin to post anything that isn’t complimentary to trump.
And you are right. Hillary’s camp will be locked and loaded. We’ll see this kind of thing and much worse if trump is the nominee.
Messenger is more important that facts I see.
As of 2014, Celina was still in college. Read this as you would listen to advice from a kid who graduated high school about 3 years ago.
Go away child.
facts and National review if you had been following the establishment do not go together.
It’s a lot easier to attack the messenger then refute the message. Something the Trump fanboys excel at.
They are the ones that had contracts sighed by djt that he latter just refused to honor.
Trump may have a few suitcases, but Hillary has BAGGAGE.
And now she writes at national review. Insane. Don’t writers need to have some adult accomplishments or something? Are we supposed to hang on the words and opinions of every college kid or recent graduate?
Billionaire Backs Trump After Shocking Surprise
http://www.freerepublic.com/focus/f-news/3406635/posts
Billionare Investor (Tom Barrack) on Trump’s Negotiating Style. (two very interesting videos)
http://www.freerepublic.com/focus/f-news/3406615/posts
Well we better cower in fear and submit a candidate of which the media will have a field day with something else.
Or are you still running around thinking everyone is “afraid” of Cruz, and that they are drawing a blank as to how they will ever lay a hand on him?
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