![]() Trump July 6, 2016īut financial and legal records obtained by CNN through the Freedom of Information Act offer a glimpse into how he struggled and maneuvered his way through a near financial collapse.Īfter Hillary Clinton trashed Trump’s business record in Atlantic City, he released a statement saying he “created thousands of jobs and made a lot of money in Atlantic City, which was what, as a businessman, I am supposed to do for my company and my family.” Pols made big mistakes, now many bankruptcies.- Donald J. I made a lot of money in Atlantic City and left 7 years ago, great timing (as all know). Trump has said he got out of Atlantic at the right time and that he left a rich man. Today, the Taj Mahal’s now-faded and frayed façade reveals what Trump wasn’t saying in 1990: that his casinos were failing – and that he almost brought down the city. ![]() “I think we’ve done that in the first few hours.” “They talk about a million dollars a day,” Trump told reporters – a response to claims that the casino needed to bring in huge funds to cover its debt. Throngs of people shouted “Donald! Donald!” as he walked across marble floors and oversized plush carpets that sat beneath $14 million worth of Austrian crystal chandeliers. Trump paraded around with A-listers from Michael Jackson to New Jersey’s governor. It was April 1990, and the palatial Trump Taj Mahal casino in Atlantic City was sold out on its opening week, drawing crowds by the thousands.
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