How Donald Trump Cut Deals to Avoid Bankruptcy in 1990s

One way to consider the type of president billionaire Donald Trump is to examine his business career and how he steered his properties out of severe crises. WSJ's Peter Grant joins Lunch Break with Tanya Rivero to discuss. Photo: AP

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[DCJW]

Now I know why U.S. banks refuse to do business with him. He's a con man that doesn't pay his debts.

[STSADaniel]

Here we go, the little man's trademark, borrow and DO NOT PAY BACK, that is the con artist's way.

[VanlifewithAlan]

How many honest hard working people lost their businesses in this con?

[gavinives]

Certainly interesting to watch this video 6years later.

[ianmuir]

Should have let him go bankrupt;just think of all those heartache we could have avoided

[jonesnj]

*In bankruptcy he had $450K a month, and the poorest republicans wan't him lol, but you can't deny you've got to be smart to wiggle out of $3.8 billion in debt*

[addr]

These folks worshipping him would feel differently if it was THEM he stiffed.

[drumcircler]

No mention of money laundering. How kind!

[wolfman]

Wow, this is impressive. He's obviously a fantastic negotiator and businessman.

[TheJanetarkle]

Bring back that old word 'swindler'

[ROCKLIKEACOBB]

So he didn't get a government bail out! Awesome!

[hvymettle]

Had Trump just put his $400 million inheritance into an S&P index fund in the 1980's he would be worth $15 billion today, instead of the $3.4 billion he is supposedly worth. So the great businessman massively underperformed the S&P over that time period. Trump has cratered every business he ever operated. Only those living under the MAGA cloud of delusion believe that their extremely stable genius has a head for business.

[thala]

Chalk it up to a learning experience for Trump. Made him wiser and smarter and more knowledgeable. He's a guy that makes winning deals. He doesn't intend to lose. And that's what will count in how he leads on behalf of the country in the face of the rest of the world.

[Professional-kiuk]

Why would we think that he will not use his power as a president to supply his own business

[yvesacmep]

it only shows Trump's capacity to get out of major crysis. America need this kinda stuff.

[killercross]

The #1 Rule in business is that the business has to survive. Everyone in business understands this especially the contractors. Good video. Trump 2016!

[YungChris]

It's not the crisis that defines a person, but how one BOUNCES BACK from it! Trump a real dude. I support him

[johnsarab]

Can I be paid Big Bucks while dodging bankruptcy?

[edgardop.]

Him with his supporters are like a cult no matter what he does, even if it’s bad they just keep gobbling up his lies to cover him

[judetunes]

People still voted for him . Now USA !