Posted on 01/13/2016 5:43:11 PM PST by dschapin
... After gaining control of two casinos through deals that loaded them with debt, [Trump] turned in 1987 to the Taj Mahal, a megaproject being built by publicly traded Resorts International Inc.
Mr. Trump bought a class of shares that gave him just a slice of Resorts’ equity, but voting control. From that perch, he pushed through a service contract that would have the company pay him $108 million over five years. He told casino regulators the company could raise the cash needed to finish its casino only by assuring lenders Mr. Trump would remain involved, which this contract did.
Upon news that funding was uncertain, Resorts’ stock plunged. Mr. Trump then told investors the only way to finish the Taj Mahal was for him to buy Resorts at just above its reduced share price. Construction lenders, he said, were put off in part by the high cost of his service contract.
(Excerpt) Read more at wsj.com ...
Oh knock it off and stop doing the lefts and the establishment bidding.
Totally agree. Both camps need to cease & desist.
He did wonders for the USFL too.
/s
Agreed both sets of supporters have enough enemies from the establishment and the left without us all attacking our candidates.
Most Cruz and trump supporters are for either and yet there are always that few who feel they should do the attacks on either one of them and can’t get it into their thick heads the left and the establishment want this.
This is precisely why I have said his history is not what I call honorable and he does not pass my foxhole test. He will bail out for his benefit and the hell with the guy beside him.
I am not doing the lefts bidding. I want to know what type of character a candidate for president has. I don’t want a president who has made billions off hurting stockholders and not fully paying his creditors.
It’s an old story, I was already familiar with.
I got no problem with his tactics and strategy.
Still up in the air on his candidacy though and rooting for Ted.
Maybe its me but after 18 years here I’ve never seen it as bad.
As a Christian I have to ask myself....”what would Jesus have me to do?” I can’t see that He would condone Mr. Trump’s actions.
Thoughts??
Then if you want to know then read the article , but to post it had another motive and that was an attack on him.
Do you not understand that you are helping the establishment and the left, whether attacks on Cruz or trump it needs to stop.
Many of us on here are getting fed up with the hit pieces, is it not enough for you from the left, the media and the establishment that you have to join in.
Same here.
I call it the silly season where freepers turn on each other to protect their guy, but this lately is the worst I have seen.
We have two decent candidates for a change and are in the top two spots and still our side cannot get their act together.
Just sick of it and today was the worst.
But let's whine about it anyway.
You’re probably correct, though I’ve only personally been a victim of it one way.
What would Jesus do?
Huh, no one knows .
The WSJ wants all that cheap foreign labor. It is part of the GOPe.
It doesn't matter to me that it doesn't matter to you. Just don't delude yourself that Cruz isn't just another globalist and will do what his corporate masters want him to do. He's already in NH dumping his religious talking points - but he can't hide that schnoz.
Super defensive & all I'm trying to do is get them to stop.
Perfect comment.
So, what Laws did Trump violate and when was he Indicted?
Just asking. I assume he did something that no other Businessman wouldn’t have done if given the chance.
Now we know why they call that Show “Shark Tank” instead of Goldfish Bowl...
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