The story of Donald Trump’s Atlantic City comeback is even worse than his collapse

Mom-and-pop investors who had the misfortune to put their confidence in Trump lost nearly everything. But as a performance of low cunning, his stewardship of THCR really did verge on genius. The company itself was a dumpster fire, losing money every year Trump served as chair. But he managed to personally pocket $44 million in salary and bonuses. Even more egregiously, he offloaded personal debts onto the corporate balance sheet and had the public company purchase services ranging from bottled water to plane flights from Trump’s privately held enterprises.

via Vox

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