On Thursday, the newest tenant in Donald Trump’s 40 Wall Street, a 70-story skyscraper in Manhattan’s Financial District, will hand Mr. Trump a security deposit worth about $176,000. No money will change hands—just three 32-ounce bars of gold, each about the size of a television remote control. … “It’s a sad day when a large property owner starts accepting gold instead of the dollar,” Mr. Trump said in an interview. “The economy is bad, and Obama’s not protecting the dollar at all….If I do this, other people are going to start doing it, and maybe we’ll see some changes.” [WSJ via BI]
Donald Trump
Donald Trump Will Consider Running For Office ‘Again’ If The Economy Doesn’t Improve, He Can’t Execute His Vision For Jones Beach
By Bess Levin
When Donald Trump chose not to run for President, the American people lost a lot. They lost the opportunity to hear the Don tell China, “Listen you motherfuckers, we’re going to tax you at 25 percent.” They lost the opportunity to watch a presidential candidate tell Bill Cosby to blow him. And most of all, the lost the opportunity to behold as bankruptcy specialist Donald Trump used his expertise to lead us out of the economic darkness and into the light. Though he remained silent on the debt talks for far too long, last week Trump finally weighed in on the debate (“The Republicans should tap it along, make it go longer, until the next election so Obama can’t win”) and today on Squawk Box, he continued. Continue reading »
Been dying for Donald Trump’s take on the debt ceiling talks? Today’s your lucky day! The Don recently set up a camcorder in his office and laid out his fool-proof plan, which he strongly suggests Republicans take to heart. Continue reading »
To The Untrained Eye, Donald Trump Might Appear To Be Good With Money, But Wall Street Insiders Are On To Him
By Bess LevinEarlier this evening, I had the opportunity to get the unvarnished thoughts of a former Deutsche Bank employee familiar with Trump from this $640-million deal gone awry on the Trump International Hotel & Tower in Chicago. Trump was sued to collect on a $40-million personal guarantee that was part of the deal. Suffice it to say, the banker held a dim view of the Donald. “[The Chicago deal] was pretty minor given all the other things going on at the time. Real estate developers do default from time to time,” he said. “But this guy has been doing it for 20 years, failing. Remember the Trump Shuttle? That’s why he’ll never run. His finances just won’t hold up to scrutiny. It’s pretty well known in financial circles that this guy is a deadbeat.” [The Atlantic]

