Posted on 01/15/2016 8:56:43 AM PST by libbylu
I said, No one has ever spoken to me in that way. SEE WHAT I DO TO YOU, Mr. Trump recalls. After Citibank pushed through the sale, say bank employees of that era, Mr. Trump spoke ill of Ms. Goldstein and told people she had asked him for a personal favor while working on his restructuring. Mr. Trump says, I would see her at functions at various ballrooms throughout the city and I WOULD SAY SUCH THINGS THAT SOME PEOPLE WERE SHOCKED. Ms. Goldstein died last year in a bicycle accident.
I did not send flowers, Mr. Trump says.
(Excerpt) Read more at wsj.com ...
Why is it that the same 4 or 5 TDS people on the forum feel the need to post the same story... day after day after day. Google says this one in particular has been posted 3 times already on this forum:
Proves the point that if you owe a few million to the bank, the bank owns you. Owe a few billion, and you own the bank.
Thanks for showing that Trump is a world class business man who can create jobs and solve complex problems.
The banks and lenders have made plenty on Trump over the years and love to lend to him.
Unfortunately, Trump does not have the Goldman Sachs connections to get a “loan” to solve any money troubles like some others.
Trump is a corrupt crony capitalist no different from Soros.
When Soros’ grown children declare themselves to be Republican & start talking like trump using empty slogans they’ll get trumpsters support
It shows that he has no concern for the banks’ depositors or shareholders, and it makes you wonder how seriously he takes commitments he makes. As per his style, his book trashed any bankers who actually tried to hold him to his word.
Please document the corrupt part. Does he have a secret server somewhere?
You must ask trump’s good friend hitlery about that.
This really does not paint Trump in a negative light.
Rather the opposite.
LMAO...that’s all you have is an article from 1980’s????
Trump was handsome even then!!!
GO.TRUMP.GO....ALL THE WAY TO THE OVAL OFFICE!!!
Oh and by the way, still waiting for the AMERICAN birth certificate on Cruz......
I am voting for Cruz in the primary, not that it ever matters in Ohio, but this article, as much as it tries to kick Trump, simply shows how a guy worked himself out of a very tight spot.
Trump wheeled and dealed no doubt. That is how he escaped ruin. No one had to take his deals. They all willingly took them. If he got the better of them, so be it.
Citi Bank for one is scum of the Earth. They have been bailed out of their bad foreign national investments by the Fed on several occasions. They are presently gorging themselves on the free money Fed as we speak, wheeling and dealing making money taking zero or close to zero loans from the Fed and buying Barry’s debt through T-Bills for instant profits.
Trump shows he is driven to get what he wants.
Am I surprised? No. You don’t care who he screwed and don’t care that he is going to screw you. He may do someone of what he says but he will screw you too.
MSM/FNC propping him up for Hill to Kill.
You could have at least the intellectual honesty to admit he has farted at the wrong at least once. You are a cult. I don’t remember cults ever forming on the right. It’s a lefty thing.
like the bible says, the one who presents his case seems right until another one challenges him.
trump has troubles and rough edges. however this is a minor situation of one of his few ventures that suffered — over 90% did just fine. he got a restructure, meaning the depositors and shareholders did far better than if they had taken a bath. a lot of lenders could fervently wish that a borrower failure like this was the worst one they had ever had to weather.
Again in the crisis of the early nineties plenty of big banks got ‘friendly help’ from the feds in order to stave off their demise as the crisis caused many to all but die off and let's not forget about the bailouts in 2008 when we gave them TRILLIONS of dollars.
Screw the big banks. Most should be broken up as they are too big to fail causing too much incentive to act recklessly knowing the government could never afford to let them die.
One of the few failed Trump ventures and of course he has to be judged by that over all his successes, even though his investors took a restructure, NOT a bath.
This is low.
For example, if Obama wasn't such a nothingburger as a business man he could have worked w/ the Saudis to prevent them from tanking the oil priced and saved thousands of American jobs.
But he had not the wit to do that and now its going to take years for that business to recover.
One could look at that particular situation in more than one way. If SA wants to give the world a gift, let it. The US oil is still in the ground when it’s needed, it’s not like it will evaporate.
That's true, but the thousands of lost jobs and billions in lost equity are going to take a long time coming back.
A proper balance of production to demand would have prevented those losses.
Cheaper energy helps an economy too. The domestic segment just took a bust, however it can’t really say it was surprised, being boom and bust prone as it is. First world problem....
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