Svartalf wrote:trump is not that dumb,n the way he recovered magnificently from multiple bankruptcies shows it. Still is a Death Star sized Ahole, though...piscator wrote:Not convinced Bernie or Hillary are even close to being as dumb as Trump
The 19 most offensive things about Donald Trump's taco bowl tweet
They weren't personal bankruptcies. Moreover, Trump probably looks at bankruptcy protection as "Winning".
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Atlantic City partnerships
Trump’s alleged mob dealings were not confined to New York. According to reports from the Huffington Post and Philadelphia Inquirer, Trump made a deal in Atlantic City with Kenneth Shapiro, an associate of mob boss Nicky Scarfo, and mob-connected labor boss Daniel Sullivan.
Trump seemed aware of this, calling Shapiro "a third-rate, local real estate mafia" and Sullivan "the guy who killed Jimmy Hoffa."
Nonetheless, in 1981, Trump leased a portion of the land for Trump Plaza and Casino from a company the two men controlled, according a report by New Jersey gaming regulators. The company refused to cooperate with the authorities, and Trump eventually ended the partnership and bought out their shares.
Later Trump brought on Sullivan as a labor negotiator at the Grand Hyatt Hotel and introduced the man to his own banker, according to the Los Angeles Times.
Through intermediaries Trump bought the property for the casino from the "crown prince" of the Philadelphia mob, Salvatore Testa, for $1.1 million in 1982. Multiple media reports and an unauthorized biography about Trump allege this was more than twice its market value. (Testa purchased the property in 1977 for $195,000.)
According to The Federalist, two construction companies controlled by Nicky Scarfo ended up building Trump Plaza and Casino.
"You had contractors that were supposedly mob-oriented all over Atlantic City," Trump said when the Wall Street Journal asked him about it, adding that "every single casino company used the same companies, just I hope you will say that."
A few years later, Trump’s organized crime connections extended overseas. In 1992, a Senate subcommittee named Danny Leung, who was then the vice president for foreign marketing at Trump Taj Mahal, as an associate of the Hong Kong-based organized crime group 14K Triad.
"Leung has also given complimentary tickets for hotel rooms and Asian shows to numerous members and associates of Asian organized crime," reads the report, which also identified three other triad-connected business associates or former employees of Trump’s gambling empire.
According to gaming regulators, Leung "flew in 16 Italian organized crime figures from Canada who stole more than $1 million from the casino in a credit scam," reported the New York Daily News in 1995. "The incident was never reported because Trump never filed charges."
Leung, who had a separate contract to bring gamblers from Toronto to the casino, denied the affiliation to organized crime, and his casino and junket licenses were renewed. (The Trump Taj Mahal declared bankruptcy in 1991, and his other Atlantic City properties folded a decade later.)
Mob-linked business adviser
And there’s Felix Sater, "a twice-convicted Russian émigré who served prison time and had documented mafia connections" and the subject of the ABC story Cruz referenced.
Sater pleaded guilty to a charge of money laundering in 1998 and was indicted again in 2000 for taking part in a $40 million stock scheme involving four Mafia families, according to the New York Times report.
From 2003 to 2007, Sater traveled the country promoting projects for Trump, and his company was a partner in the Trump SoHo hotel. Trump told the Times he "never knew that."
Three years later, Sater returned to the Trump Organization and had business cards that described him as Trump’s "senior advisor," the AP reported. Trump told the AP that he’s "not familiar" with Sater.
Our ruling
Cruz said, "There have been multiple media reports about Donald's business dealings with the mob, with the mafia."
While it’s important to note that these connections were not atypical in the real estate and casino businesses in the 1980s, Cruz’s statement is accurate. Media reports have linked Trump to mafia bosses and mob-connected business associates for decades.
We rate the claim True.
http://www.politifact.com/truth-o-meter ... inked-mob/