Here's an interesting viewpoint on Trump's standard business practices and his political "aspirations." The full article linked below expresses similar incredulity that no one calls his bluff.
An excerpt relevant to this thread:
"In a 1991 telephone conference call, Trump's lenders, who could have seized the Trump Castle casino and hotel in Atlantic City, joked about his management skills. A tape recording of the discussion was made available to The Washington Post. The bondholders, who had helped finance the casino, opted to save Trump but still criticized his business acumen.
"Warren Foss, an adviser to the casino bondholders, advocated allowing Trump to remain in charge of the project, paying him an annual $1.4 million management fee.
"'What is he providing for the million and a half?' one bondholder asked, prompting laughter.
"'We hope as little as possible,' Foss said, to even more laughter. 'We hope it becomes characterized as a nonmanagement fee.'"
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http://www.newsobserver.com/2011/05/01/1164727/trump-the-bankrupt-candidate-wont.html
_____________________________________
Dan Becker, Division Manager
City & Regional Planning Division
Raleigh Department of City Planning
One Exchange Plaza, Ste 300 (27601)
PO Box 590, Raleigh NC, 27602
919/516-2632 (v); 919/516-2682 (f)
http://www.raleighnc.gov
________________________________________
From: Orgrease [[log in to unmask]]
Sent: Monday, May 02, 2011 6:28 PM
> On 5/2/2011 5:25 PM, [log in to unmask]<mailto:[log in to unmask]> wrote:
>>Mike asked: anyone on the list ever been screwed by Mr. Comb-over?
> We were. He apparently NEVER pays the final invoice.
... Trump nailed the architect for like $100,000 on the last invoice.
][<
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