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To: phothus

I saw that as well last year. I really make an effort to do my homework.

The term ‘Trump’ means Trump Plaza Associates LLC, based in Atlantic City, now bankrupt. It was a partnership among people that Trump has called ‘sharks’. He describes them as ‘awful’, he did not like them then nor does he like now those that are still around.

Trump himself had no drive to bring the lawsuit. That fact is found in the news reports. He had offered the homeowner near twice the previous offer which is not consistent with using eminent domain. The eminent domain action was the idea of his ‘awful’ partners.

Partnerships are risky because the action of one bad apple can bring rot to tarnish others. That’s what happened here.

Trump eventually took Trump Plaza Associates through Chapter 11 causing his ‘awful’ partners to lose their investments. He has said they knew what they were risking and he has no regrets at their loss. If he had not taken the partnership into Chapter 11, these ‘awful’ partners would have tried to attach his other holdings, he wasn’t going to let them get away with that.

Trump is a good guy, he really is. But in the past, he’s associated himself with some of the sleazy elements of NY and NJ. That can’t be helped when doing business there.


89 posted on 02/06/2016 11:15:48 PM PST by Hostage (ARTICLE V)
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To: Hostage

I’ll have to reply tomorrow as I need my sleep, but IMO it is clear from his statements and actions that he was far from an unwilling partner in that mess.

I’m not sure that he would want people doing a heavy examination of his years in AC either.


94 posted on 02/06/2016 11:40:13 PM PST by phothus (http://buanadha.wordpress.com/)
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