He came out of that fine, if not smelling like a rose. That
Posted on: April 10, 2025 at 19:59:01 CT
JeffB
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was during the time of the S&L crisis after interest rates shot up into double digits to quell inflation, there was a recession & a lot of those S&Ls went bankrupt.
From what I remember people were upset that Trump was able to renegotiate debt and kept most of his money while the lenders took most of the hit for the drop in real estate values and his losses.