"What's really kind of laughable is he says, 'I borrowed $1 million from my father.' Well, he got access to $40 million in financing for that Commodore Hotel renovation. So if you can walk into a bank, and they'll say, 'You're Fred Trump's son. Here's $40 million in construction funds.' That's a pretty big advantage."
Lisa Desjardins at the PBS Newshour interviews Michael D'Antonio and David Cay Johnson, biographers of Donald Trump.
And Kurt Eichenwald in Newsweek catalogs Trump's many business failures.
Sunday, July 17, 2016
"Trained by Dad in the Business"
Labels:
economic history,
family,
New York,
politics,
race and ethnicity,
sociology,
twentieth century,
twenty-first century
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