Trump: What's the Deal (1991)

Time Travel TV

Well, it's Trump's 80th birthday, so I might as well :P  #nostalgia #fullmovie #fullmovies #tvcommercials #videogamecommercials #gamingcommercials #oldvideogamecommercials #90scommercials #90sads #1990scommercials #2000scommercials #2000sads #2001commercials #1991 #1992 #blockbuster #tacobell #nintendo #nintendocommercials #mcdonalds #dailymotion #youtube #facebook #twitter #twitch #motiongraphics #deezer #tv #dlive #instagram #stream #motion #twitchstreamer #fightingmentalillness #twitchclips #twitchretweet #twitchaffiliate #twitchshare #ant #scribaland #tiktok #greece #spotify #gelio #games #vimeo #google #motionmate #youtuber #greekquotes #vhs #fullmovies #fullmovie #music #video #funny #gaming #viral #trending #popular #movie #movies #trailers #sports #news #entertainment #education #howto #diy #travel #food #animals #cars #technology #science #top #acharliebrownthanksgiving #timetraveltv #charliebrown #2000 #a #animated #movie #movies #anime #videogames #digimon #donkeykong #supernintendo #nostalgia #tvcommercials #videogamecommercials #gamingcommercials #oldvideogamecommercials #90scommercials #90sads #1990scommercials #2000scommercials #2000sads #2001commercials #1991 #1992 #blockbuster #tacobell #nintendo #nintendocommercials #mcdonalds #dailymotion #youtube #facebook #twitter #twitch #motiongraphics #deezer #tv #dlive #instagram #stream #motion #twitchstreamer #fightingmentalillness #twitchclips #twitchretweet #twitchaffiliate #twitchshare #ant #scribaland #tiktok #greece #spotify #gelio #games #vimeo #google #motionmate #youtuber #greekquotes #dailymotion #makemoneyonline  #dailymotionmonetization #dailymotionearnings2024  #earn  #money #dollar #onlinemoney #top

Transcript

00:00:05Some years ago, we made a documentary about Donald Trump.

00:00:09It wasn't flattering.

00:00:12Trump screamed and shouted and threatened lawsuits.

00:00:15And it was never broadcast.

00:00:19But now we think it's time for you to see it.

00:00:22Because the new Trump and the old Trump are the same Trump.

00:00:40I never thought I'd be doing this, I have to tell you.

00:00:43So just everybody, have a good time, enjoy yourselves, and for many years, enjoy the Trump shuttle.

00:00:48It seems hard to believe, but that triumphant ride on the Trump shuttle was barely three years ago.

00:00:54It feels like so much longer.

00:00:56Nothing marks the end of the 1980s, the decade of greed, more than the downfall of Donald Trump.

00:01:03But who is this man who rose so high and fell so fast?

00:01:11He presents himself marvelously.

00:01:14But the Donald Trump that I saw in real life was very different.

00:01:22I believe that Donald Trump would be a very unhappy man if no one paid any attention to him.

00:01:33He skirts the law in the sense that he goes right up to the edge and sometimes over it.

00:01:44He talks a good game, but he lacks character.

00:01:49I mean, it's the American dream gone berserk, really, is what it is.

00:01:55But it wasn't only Trump's sometime friends and longtime critics who told us about his flaws.

00:02:01Trump himself unknowingly predicted his own fate.

00:02:05I think one of the most important aspects of the book is I try and define people that don't have

00:02:09it.

00:02:09Because most people don't have it.

00:02:11And that's the sad part.

00:02:12And they want to have it.

00:02:13And they go out and they lose their money, they lose their families, they lose everything.

00:02:17And it's a sad situation.

00:02:18But you see it a lot with these hucksters that are on television selling deal books and selling, you know,

00:02:23records.

00:02:23And they never made ten cents in their lives.

00:02:25But now they become wealthy selling the records.

00:02:26Although most of them, if you've read, have gone bankrupt over the last year.

00:02:29So I guess they didn't sell as many records as they thought.

00:02:32But, you know, they sell.

00:02:33And these people put up their $500.

00:02:35And worse than that, then they go out and they borrow money against some leveraged house and this and that.

00:02:39Things that can't work.

00:02:40And I feel very sad for those people.

00:02:43Donald Trump hasn't had time to feel sorry for anyone in the last year.

00:02:48He's been too busy trying to save himself.

00:02:50It's so different now from his heyday when he only had to want something to get it.

00:04:05It is easy to see that Trump is in trouble now.

00:04:09His ego is bruised.

00:04:11His empire reeling.

00:04:12But to find out why, you must turn back the clock to look for the clues.

00:04:18We begin our story in the fall of 1988, with Donald Trump at the top of his game.

00:04:24Here he is at a political dinner honoring Andrew Stein, president of the New York City Council.

00:04:32Trump is a hustler.

00:04:33If a big guy, a rich guy, puts his arm around a politician, often that's better than money.

00:04:40Because the politicians are in love with anybody who has money.

00:04:44Trump puts more than his arm around politicians.

00:04:48He's a frequent and generous campaign contributor to the council president.

00:04:52He is explaining to Stein that the contributions of some of his New Jersey associates are in violation of the

00:04:59new campaign laws.

00:05:00He's going to take them back and fix the problem.

00:05:07He doesn't miss a beat doing it, nor does he miss a camera turned in his direction.

00:05:16Boy, there's a lot of coverage in that.

00:05:22He was the best known businessman in America.

00:05:25Compared to Lee Iacocca, he was Schwarzenegger.

00:05:28He was Stallone.

00:05:30Maybe he was even Elvis.

00:05:32Look how I'm making him a star.

00:05:34Look at this.

00:05:35He gets more headlines for what he doesn't do than what he does.

00:05:38Because he's new just by showing up.

00:05:41Here he is at a charity event.

00:05:42It's at the Plaza Hotel, then his newest toy.

00:05:46His wife, Ivana, had just had some very appealing cosmetic surgery.

00:05:51Don Johnson and Melanie Griffith were along for the ride.

00:05:54Not surprisingly, the press forgot all about the charity.

00:05:59It was a time when celebrities dominated the news.

00:06:03And thanks to their press agents, the rich were celebrities in the 1980s.

00:06:07Trump, in particular.

00:06:08No matter what he said or did, no one asked the hard questions.

00:06:14In merchandising the apartments in Trump Tower, he would plant articles in the newspaper suggesting

00:06:21that the Prince of Wales was going to take an apartment, Sophia Loren was going to take

00:06:25an apartment, and wouldn't it be wonderful to see Sophia sitting in her bathtub overlooking

00:06:29Central Park, and all kinds of wonderful stories.

00:06:33It's a 58-story building, although if you ask Mr. Trump how tall it is, it's actually 68.

00:06:40He skipped 10 floors in the numbering system, because it's much more exciting to live on

00:06:44the 55th floor than it is on the 45th floor.

00:06:47It drove the fire department absolutely crazy, because they lost 10 floors in the building

00:06:50that they couldn't find.

00:06:52This is salesmanship, and Trump knows how to do it better than anybody.

00:06:56It's, as you and I were discussing, it's become the number one attraction in New York,

00:07:00the Trump Tower, the best hotel casino anywhere in the world.

00:07:02The biggest gross in the history of the gaming business, it's said to be the greatest yacht

00:07:06in the world.

00:07:07The finest transportation operation anywhere in this country.

00:07:10The largest building privately financed ever built in the world.

00:07:14The biggest selling book, or one of them of the decade.

00:07:16The best apartments in the world.

00:07:18This has really turned out to be almost mystical, it's been great.

00:07:22No area of the news was immune from the Trump hype.

00:07:25When Gorbachev came to New York for a summit in 1988, Trump saw a chance for a PR bonanza.

00:07:32The week before he arrived, all the television stations in New York said that Gorbachev was

00:07:40planning a visit to Trump Tower.

00:07:42Some of them even printed in the paper that this was going to happen.

00:07:46At no time was Trump Tower even tentatively scheduled as a place for Gorbachev to visit.

00:07:54It's almost a textbook example of a publicity stunt, which worked, and which has worked on

00:08:02many other occasions for him.

00:08:05Trump also considered himself immune from criticism, even by a Pulitzer Prize winning

00:08:11architectural critic.

00:08:12I mean, you have an idiot like Paul Goldberger, who has probably the worst taste I've ever

00:08:17seen.

00:08:17Any time he gives a good...

00:08:18I get scared when he gives me a good review.

00:08:21Because most of the time when he gets good reviews, they're not successful buildings.

00:08:25But you have a guy like Paul Goldberger, who comes in, he's going to fight this job.

00:08:30Why?

00:08:30Because I said bad things about him on my book.

00:08:33Because I said he suffers from a lack of taste.

00:08:36Which he does.

00:08:37Just take a look at the way he dresses.

00:08:38Trump is possibly the only developer who has sued an architecture critic for a bad review.

00:08:45It was Paul Gap, the critic of the Chicago Tribune.

00:08:49It was a nuisance lawsuit.

00:08:51It was done just to harass Paul Gap and the Chicago Tribune.

00:08:55Ultimately, it went nowhere, which is where it deserved to go.

00:09:00By this time, it seemed Trump could say almost anything about almost anybody.

00:09:06Do you mind if I sit back a little bit?

00:09:08Because your breath is very bad.

00:09:10It really is.

00:09:11Has this ever been told to you before?

00:09:12No.

00:09:13Huh?

00:09:13Okay, then I won't bother.

00:09:15No, actually, that's how you get the edge.

00:09:18Who cared about Trump's abrasive behavior?

00:09:21Everybody loved his toys.

00:09:23For me, a fantasy fulfilled to leave Donald Trump, the money mogul with the Midas touch,

00:09:29asking, who's been sitting in my chair?

00:09:31Who's been drinking my champagne?

00:09:34And who's been sleeping in my bed?

00:09:36Why, that little old Channel 10 news reporter, me, that's who, Sheila Ellen Stevens.

00:09:42No matter what happened then, everybody remembered one thing Donald Trump had done.

00:09:49Donald, you performed a great public service.

00:09:55That was on November 13, 1986, when Trump completed the reconstruction of the public ice skating rink

00:10:02in New York Central Park.

00:10:03For five years, the rink had been closed, as the city spent $12 million trying to fix it.

00:10:09Then, Donald Trump stepped in.

00:10:12He said he'd fix it fast and on budget.

00:10:14And he did.

00:10:15People even thought he'd done it for nothing.

00:10:18I think it was a level of competence, and we drive, and we push, and we get things done.

00:10:23Trump got paid in full.

00:10:25Some of his contractors didn't.

00:10:27And that's a story that didn't get told.

00:10:30I want you to work, he says, but there's one caveat, and that is that the work has to be

00:10:36pro bono.

00:10:36And I said, well, pro bono, I mean, my goodness, I'm Italian-American, and bono has to be Italian,

00:10:42I'll go for it.

00:10:43Well, little did I know that pro bono meant for free for the public good, but in reality,

00:10:47what he was asking us to do was to supply the services for the rink and to dispense with

00:10:54any profits or expenses.

00:10:57Back then, Donald Trump was no ordinary rich man.

00:11:01He was the people's billionaire.

00:11:03You like it.

00:11:04You like it.

00:11:11I'm telling you, why didn't your daughter bring him home?

00:11:17Across the street from the skating rink was the St. Moritz Hotel.

00:11:20Trump bought it a year earlier.

00:11:22He called it a brilliant deal.

00:11:24No one bothered to look below the surface.

00:11:27He said he paid $31 million.

00:11:30The real price was $70 million.

00:11:33In 1988, he sold the hotel to Alan Bond, the Australian Donald Trump.

00:11:37Bond paid a whopping $180 million.

00:11:41That, said Trump, gave him a $100 million profit.

00:11:45Conveniently, he forgot to subtract his costs.

00:11:48So, conveniently, did the press.

00:11:50When Trump bought stock, the financial press listened, and the financial press wrote, and

00:11:57people read, and people bought, and Trump sold, and Trump made money.

00:12:02Then came the crash of 1987, and Trump boasted, I got out whole.

00:12:07I didn't lose a dime.

00:12:08And the financial press wrote, but like everyone else, Trump lost.

00:12:20Even when Trump flaunted his marital infidelity, editors covered his tracks for him.

00:12:26A professional photographer took these pictures of Trump, his wife, Ivana, and his close and

00:12:32personal friend, Marla Maples, in Aspen over Christmas 1989.

00:12:36He tried to sell them, but for six weeks, he couldn't find a buyer.

00:12:41During the 80s, the cult of the rich and of great wealth and of great ostentatiousness was very much in.

00:12:51He met a need for the press.

00:12:54The press needed a poster boy for the 80s, an emblem, a shorthand way of telling people what

00:13:02was happening in the culture.

00:13:05But as the new decade began, the poster boy of the 80s woke up to find himself on the media's

00:13:1110 most wanted list.

00:13:13Although no one had raced to be first with the story of the Trump divorce, there was an

00:13:17Olympic-sized competition not to be last.

00:13:21The devastating thing about the Marla flap is that it opened Trump to ridicule for the

00:13:26first time, and that is very deflating.

00:13:30It's not only deflating, but it turns the publicity machine around.

00:13:33All the lovable quirks on the way up look very foolish, if not stupid, on the way down.

00:13:38And it's going to be very hard for him to come back from this kind of ridicule.

00:13:42Overnight, it seems, America turned from a fascination with what Trump has to what he could lose.

00:13:49Do you wish we'd all go away?

00:13:50Absolutely.

00:13:54In the old days, that is, just a few months earlier, Trump had the power to dismiss the

00:13:59press, to make reporters accept his claims as facts.

00:14:03Now, the press wouldn't go away, and though the stories were about numbers, it was easy

00:14:08to see the numbers were working against him.

00:14:11Look at this chart, which is based on a report from the New Jersey Casino Control Commission.

00:14:17By the middle of 1990, only three of Trump's 22 assets were profitable.

00:14:22Trump wasn't rich.

00:14:25His net worth was minus $294 million at the present market value.

00:14:30He owed one bank alone $993 million, only slightly less than the bank had loaned to the entire

00:14:37country of Venezuela.

00:14:39There's nothing the press loves more than bringing down the person it built up yesterday.

00:14:45Once he had been on the cover of time.

00:14:47When his new book came out, it was reviewed on the back page.

00:14:51And the review was scathing.

00:14:54Inside every fat ego it starts, there must be a thin, self-revealing book struggling to get

00:14:59out.

00:15:00The review didn't spare his wife, either.

00:15:03Was Ivana's plastic surgeon under the impression that she was entering the witness protection

00:15:08program, it asked?

00:15:11But the press alone couldn't slay the media monster it had created.

00:15:15For a moment, the book shot to the top of the bestseller list, before disappearing like

00:15:20Judge Crater.

00:15:29In the world beyond New York, he's Donald Trump, self-made billionaire.

00:15:34But in Brooklyn, he's still Fred Trump's son.

00:15:37And in Brooklyn, they remember it was Fred Trump who built the family fortune.

00:15:42Fred Trump would be here most every day.

00:15:45And he had his sons here.

00:15:46And he was teaching him the business from the ground up.

00:15:48And Donald was one of my best customers.

00:15:52He'd have a heart to his most every day.

00:15:54A few occasions he would say to me that this must be a good business.

00:16:00And I'd say, it's a good business, I'm making a living, but I think yours is a little better.

00:16:05When Fred Trump started out, he built wood shingle houses.

00:16:09During World War II, he constructed homes for the military.

00:16:12When the war ended, using his political connections and little of his own money, he turned his attention

00:16:18to giant developments in New York's outer boroughs.

00:16:21Today, he still owns them.

00:16:23It was decent, but never good, the service.

00:16:26And the pat answer they give you here at maintenance is, this is not Manhattan.

00:16:31You get Brooklyn service here, whatever that means.

00:16:33I have no idea what that means.

00:16:35But walls have to fall down before you get any kind of service here.

00:16:38I'm just fortunate not to be a senior citizen here.

00:16:41What happens?

00:16:41That's where they get absolutely no service at all.

00:16:44Nothing.

00:16:45Because if they move out from their $150 a month apartment, the rent will go up to $600, $700.

00:16:51But they're afraid.

00:16:53These senior citizens, they're between a rock and a hard work.

00:16:56They're afraid to complain.

00:16:58One more.

00:16:59Fred Trump taught his son how to be tough.

00:17:01And from childhood on, Donald had his own builder's vision.

00:17:05He used to build the most beautiful buildings.

00:17:10With building equipment, everything.

00:17:13He was great, even when he was a little guy.

00:17:17Donald was one of five children.

00:17:19And while he was adored at home, he was a behavior problem at school.

00:17:24I was sent to a military academy because I was really a problem.

00:17:28I was a very difficult guy for my parents.

00:17:31Then at Fordham and the Wharton School of Business, he missed the turbulent 60s.

00:17:36In 1969, when most other people in their early 20s who were from upper-middle-class backgrounds

00:17:44at Ivy League colleges were marching and storming the gates,

00:17:50Donald Trump was reading FHA foreclosure notices in Philadelphia, Pennsylvania,

00:17:55looking for houses that he could take over and rebuild.

00:17:58Donald Trump had learned that for many real estate developers, lawsuits are just part of the cost of doing business.

00:18:05Fred Trump was charged twice with making windfall profits on government-financed Brooklyn developments.

00:18:10After the completion of Trump Village, he was forced to return $1.2 million in overestimates.

00:18:17But not before he built a private shopping center on his property.

00:18:23There were more fortunes to be made in Brooklyn, but Brooklyn was comfortable, Brooklyn was boring.

00:18:28And most of all, Brooklyn was his father's turf.

00:18:32One way to think about Donald Trump is John Travolta in Saturday Night Fever.

00:18:39He's the guy from Ocean Parkway in his mind, though he grew up with a father who had a lot

00:18:44of money.

00:18:45He grew up in a very middle-class way in his own mind,

00:18:49and certainly crossing the bridge was a huge thing for him to do,

00:18:53and something his father never wanted to do.

00:18:59You can tell by the way I used my work, I'm a woman's man, no time to talk.

00:19:05The music let up, the building wall, we've been kicked around since I was gone.

00:19:09I've never gone around, I don't think, and you may look the other way.

00:19:13But we can try, the wonder space, the New York Times are big, my man.

00:19:18Whether you're a brother or whether you're a mother, you're staying alive, staying alive.

00:19:41New York was facing bankruptcy when Donald Trump crossed the bridge.

00:19:47To some, it looked like twilight for the city.

00:19:49But what Donald Trump saw was a bright new dawn.

00:20:03Donald was the young man who, the second-generation boy who was going to conquer Manhattan.

00:20:08And he stood with me once in his park after we'd had a tense negotiation,

00:20:13in which we fought, as we often did.

00:20:17And he pointed to all these buildings around, just about here.

00:20:21And he said to me, I'm going to be bigger than Helmsley in five years.

00:20:26Trump made his first move for two large sites,

00:20:29a few miles apart and bordering on the Hudson River.

00:20:32They were owned by the Penn Central Railroad,

00:20:34but the railroad was bankrupt, and the properties were up for sale.

00:20:38As Donald Trump saw it, the opportunity was ready-made.

00:20:42The railroad was looking for a developer who was politically connected.

00:20:47I knew that, right away, that he didn't fit the standard mold,

00:20:51and that all the people who would have to pass on this,

00:20:55all of them, right up the line, would be troubled,

00:20:59if I put it bluntly, who the hell is Donald Trump?

00:21:02And why are we contracting what could be $100 million worth of real estate

00:21:09with this unknown young man?

00:21:12The 28-year-old Trump would solve the problem brilliantly,

00:21:16as he would in the years ahead.

00:21:18No money down, juggle the facts when necessary,

00:21:21and use your political connections.

00:21:24He took Eichler to meet then-Mayor Abraham Beam.

00:21:27The mayor put his arm around,

00:21:29after I took a few minutes to tell the mayor why I was there,

00:21:33and he put his arm around Donald's father,

00:21:36and he said to me,

00:21:39whatever Mr. Trump wants in this town, he gets.

00:21:42He had a very good father who knew how to get things done,

00:21:46and he learned a lot from him.

00:21:49Fred Trump and Abe Beam had been childhood friends,

00:21:52and Beam benefited from large Trump campaign contributions.

00:21:56So did Governor Hugh Carey,

00:21:57who would help Donald Trump again and again.

00:22:01Another close advisor was Trump's lawyer,

00:22:03the notorious Roy Cohn.

00:22:05Whether he could have done these things

00:22:09without his father's influence or his father's resources,

00:22:13I don't know.

00:22:15I don't think you'd get an ordinary 28-year-old

00:22:17getting options on three such magnificent pieces of real estate.

00:22:23Trump was his father's son.

00:22:25He tried to build federally financed housing on one of the sites.

00:22:29When that failed,

00:22:29he found a new way to get money from the government.

00:22:32With a little help from his friends,

00:22:34Trump got the city's huge new convention center built on his land.

00:22:39I'll give up my $4.4 million brokerage fee, he said,

00:22:43if the city will name the convention center for my father.

00:22:46Everyone thought that was unusually public-spirited,

00:22:49until it was discovered that Trump was only entitled to a fee of less than $600,000.

00:22:55The convention center was named for U.S. Senator Jacob Javits.

00:23:00But the Penn Central also owned the run-down Commodore Hotel,

00:23:03right next to Grand Central Station.

00:23:05I wouldn't have taken the Commodore if he gave it to me.

00:23:08And I didn't know anybody in New York who'd take it if he gave it to me.

00:23:11But one day he looked at me and he said,

00:23:13I'm going to buy the Commodore for $10 million.

00:23:19I'm going to get Jay Pritzker at Hyatt to manage it,

00:23:25turn it into a Hyatt.

00:23:26And I'm going to get Equitable to provide $75 million to rehabilitate it.

00:23:32To the point where it's almost like new construction.

00:23:34I'm going to tear it down to the skeleton and then redo it.

00:23:38And I said, you have really gone crazy.

00:23:42There was more exaggeration than truth

00:23:44in the way Trump lined up his partners for this project

00:23:47by suggesting he already had the option on the hotel when he didn't.

00:23:51Years later, he'd patent tactics like this,

00:23:54calling them truthful hyperbole.

00:23:57Trump's men went to work obtaining necessary approvals

00:24:00and huge tax breaks designed for construction of hospitals

00:24:04and low-income housing.

00:24:05Lawyer Roy Cohn was on the job,

00:24:08as was Stanley Friedman, a deputy mayor,

00:24:10who would soon join Cohn's firm.

00:24:12Years later, in an unrelated matter,

00:24:14Friedman went to jail for his part

00:24:16in one of the city's worst corruption scandals.

00:24:20Back then, the project was approved

00:24:22on the last day of the Beam administration.

00:24:25Trump and his upscale hotel

00:24:27walked off with one of the largest tax breaks in city history,

00:24:31worth an estimated $200 million.

00:24:34I got everything I wanted, 40 years of tax abatement.

00:24:38People would say, how did you get 40 years?

00:24:39I said, because I didn't ask for 50.

00:24:41It was so easy.

00:24:43I don't blame Donald Trump for asking for whatever he could.

00:24:47He's a private developer in business to make money.

00:24:51He had no obligation to the city.

00:24:54In fact, he was being helpful

00:24:55because without him, the site might not have been developed.

00:24:58It's up to the city, to the board of estimate,

00:25:00to the mayor, to stand fast

00:25:03and to negotiate a deal

00:25:04which not only allowed the property to be developed,

00:25:07but was in the best financial interest of the taxpayers

00:25:10for that time and for the future.

00:25:12That, the city failed to do.

00:25:15Trump was no longer a kid from Brooklyn.

00:25:18He was an established developer,

00:25:19and something else.

00:25:21He was the king of tax abatements.

00:25:23In the 1980s, other developers would follow his lead

00:25:26until building luxury housing with tax abatements

00:25:29became almost as popular as junk bonds and yellow ties.

00:25:46There's nothing more pleasing to a developer

00:25:49than the words, no money down.

00:25:51At the Commodore Hotel,

00:25:53Trump saw firsthand the incredible lightness of leverage,

00:25:56so he tried it again.

00:25:58No run-down neighborhood to build up this time, though.

00:26:00It was literally a Tiffany location

00:26:03adjacent to the famed store on Fifth Avenue

00:26:05in the heart of Manhattan.

00:26:07Here, he would build an edifice to himself.

00:26:10A retail atrium, all marble and bronze.

00:26:1213 floors of offices.

00:26:14The rest, expensive apartments.

00:26:16Trump Tower.

00:26:18Donald called me up one day in my office

00:26:20at about quarter to 12.

00:26:21He said, meet me at Bondwood Teller in 15 minutes.

00:26:25Naturally, I dropped everything I was doing

00:26:27and came right over here.

00:26:28The first thing Donald said,

00:26:30isn't this the greatest location in the world?

00:26:32We're going to build the most exciting building

00:26:34in the world here.

00:26:36If the Hyatt had been a term paper

00:26:38in doing business in New York,

00:26:39the tower was a doctoral thesis.

00:26:42Here's how it worked.

00:26:43Again, get someone to finance it.

00:26:46Equitable had been in on the Hyatt

00:26:48and owned the land under Bondwitz.

00:26:49For a 50% interest,

00:26:51Equitable would pay him to build.

00:26:53Then, get the players who can deal

00:26:55with the city, state and community.

00:26:57Again, Roy Cohn came on board.

00:26:59Finally, find a way to get approval

00:27:02to replace a seven-story building

00:27:04with a 58-story tower.

00:27:07Trump was determined to have

00:27:08every square foot he could have.

00:27:10And so the battle began.

00:27:11And it took us 15 months

00:27:13with a lot of shivers up our backs,

00:27:15never knowing whether we were going to win

00:27:17or not win.

00:27:18But Trump is a brilliant taskmaster

00:27:21at maneuvering behind the scenes politically

00:27:23as well as in the real estate world.

00:27:26And he succeeded.

00:27:28Once again, Trump got millions

00:27:30in tax abatements by finding a loophole

00:27:32in a law designed to promote

00:27:34middle-income housing.

00:27:35To neutralize the opposition

00:27:37in future battles,

00:27:38he soon hired the city's housing chief,

00:27:40who had opposed him

00:27:41on those tax abatements.

00:27:43In 1986, after the building

00:27:45had been completed,

00:27:47Trump broke one of his cardinal rules.

00:27:49He bought out his partner, Equitable.

00:27:51And that cost him money.

00:27:52No matter, it would seem then,

00:27:54if the Hyatt had made him a player

00:27:56in New York,

00:27:57Trump Tower had made him

00:27:58a player in the world.

00:27:59Trump Tower was Reagan-era

00:28:01beauty come true for everyone.

00:28:03Trump was praised for his work,

00:28:05even by the critic he loved to hate.

00:28:08I've never minded the atrium that much

00:28:10as a work of design.

00:28:11A lot of people find it too glitzy,

00:28:13that sort of rosy, pink, apricot,

00:28:16whatever you call it,

00:28:17peach-colored marble.

00:28:18I always found kind of neat, actually.

00:28:21It's sensual.

00:28:22It's almost sexy.

00:28:24It's one of the few cases

00:28:26in which somebody has managed

00:28:27to make glitz aesthetically convincing.

00:28:30I like very much the Trump Tower

00:28:33because, especially the lobby,

00:28:37because it says exactly

00:28:38what it's intended to say,

00:28:40which is spend, spend, spend

00:28:43as you've never spent before.

00:28:45What about the apartments?

00:28:47At $1 million for two bedrooms,

00:28:49they're some of the most expensive

00:28:51in the city.

00:28:52Trump boasts they are the best.

00:28:54The molding, the base molding,

00:28:56is the cheapest.

00:28:57It's what housing projects get.

00:28:59The kitchens,

00:29:01if I was in a housing project,

00:29:02I would have had a better built kitchen

00:29:04than what Donald Trump put into Trump Tower.

00:29:06The kitchens were...

00:29:11I've never seen

00:29:12more sloppily installed

00:29:14and more cheaply built kitchen cabinets.

00:29:17All of my clients, you know,

00:29:18ripped them out.

00:29:18The tower was also home

00:29:21to Trump and his family.

00:29:22Their 36-room suite

00:29:24had three floors,

00:29:25a waterfall,

00:29:27a 100-foot living room,

00:29:28and a lavishly decorated ceiling

00:29:30he once compared

00:29:31to the Sistine Chapel.

00:29:34Ross McTaggart

00:29:35was the second designer

00:29:36brought in

00:29:37to manage this remarkable apartment.

00:29:39I was once in

00:29:41Christie's Furniture

00:29:42and we were looking

00:29:42at some pieces there.

00:29:43And he focused on

00:29:45some Louis XVI pieces.

00:29:47Superb.

00:29:48I mean, incredible quality.

00:29:49But he didn't understand the price.

00:29:51They were estimated

00:29:51to be at $80,000 to $120,000 sale,

00:29:54which wasn't bad, really,

00:29:55for 200-year-old furniture.

00:29:57That's superb quality.

00:29:58And Blaine Trump,

00:29:59who works at Christie's,

00:30:01happened to be there,

00:30:01his sister-in-law,

00:30:04and he said,

00:30:04well, why is this furniture

00:30:05going to be so expensive?

00:30:06You know,

00:30:06just because it's old?

00:30:08And she said,

00:30:09well, no,

00:30:10it's the quality.

00:30:12It's incredible.

00:30:13It's got a history.

00:30:14And he turned to me

00:30:14and he said,

00:30:15well, my stuff is better than this

00:30:16that I'm having made.

00:30:17I said,

00:30:18well, actually, no.

00:30:20I have a little bit of problem

00:30:21with the furniture

00:30:22that's been selected.

00:30:22It's not this kind of quality.

00:30:25He said,

00:30:25well, no,

00:30:26it's going to be.

00:30:26He said,

00:30:26it's cost a lot of money.

00:30:27It's going to be.

00:30:28It's going to be better than this.

00:30:29And we started battling.

00:30:32And he said,

00:30:32it's going to be better.

00:30:33He just insisted.

00:30:34And then Blaine

00:30:35sort of shook her head.

00:30:36He looked at her

00:30:36and he said,

00:30:37I can get better than this,

00:30:38can't I?

00:30:39And she shook her head

00:30:40and said,

00:30:40Donald,

00:30:41you're just never going

00:30:41to understand,

00:30:43are you?

00:30:45Workman pounded away

00:30:46on Trump's apartment

00:30:47for three years.

00:30:48His downstairs neighbor

00:30:50stopped making

00:30:50her monthly payments.

00:30:52Lawsuits flew

00:30:52in both directions.

00:30:54I wanted to move in here

00:30:56because I thought

00:30:57it was going to be

00:30:57a great building

00:30:58with fantastic views

00:30:59and also a bigger apartment

00:31:02than what I used to have.

00:31:05However,

00:31:06I never expected

00:31:07to have all these run-ins

00:31:09with my neighbor

00:31:10who is Donald Trump,

00:31:11who lives above me.

00:31:15And since I moved in,

00:31:18he has done nothing else

00:31:19but construction.

00:31:21The building of Trump Tower

00:31:23was the true art of the deal.

00:31:25Saving money was the key.

00:31:28Chapter one,

00:31:29hire the cheapest

00:31:30demolition contractor

00:31:31you can find,

00:31:32even though he has

00:31:33little experience.

00:31:34Trump hired William Kosicki,

00:31:36whose principal business

00:31:38was window washing.

00:31:40Kosicki, in turn,

00:31:41hired what became

00:31:42known as the Polish Brigade.

00:31:43More than 200 immigrants

00:31:45with no working papers

00:31:46who were paid

00:31:47one-third the union rate

00:31:49and worked under

00:31:49difficult conditions.

00:31:51Years later,

00:31:52deny you ever knew

00:31:53they were there,

00:31:54even though you

00:31:55visited the site.

00:31:57They were sleeping

00:31:57in the building.

00:31:58They had no

00:31:59protective equipment.

00:32:01All the OSHA requirements

00:32:02were being ignored.

00:32:03They had no masks.

00:32:04They had no gloves.

00:32:05They were stripping wires

00:32:07with their bare hands,

00:32:08hot electrical wires.

00:32:10Chapter two,

00:32:11don't tell anyone

00:32:12that the building

00:32:13contains asbestos.

00:32:15The reason?

00:32:16Asbestos is costly

00:32:17to remove and dispose of.

00:32:19Trump says he isn't

00:32:20legally responsible.

00:32:21The law says he is.

00:32:25with the danger

00:32:27that was involved

00:32:28in working there.

00:32:32Because all the wires

00:32:34and construction

00:32:37were covered

00:32:42with asbestos.

00:32:44Chapter three,

00:32:45hire a waste hauler

00:32:46who doesn't care

00:32:47what he carts

00:32:48and knows

00:32:49how not to leave tranks.

00:32:50Trump's demolition contractor

00:32:52got Eddie Garofalo,

00:32:54identified by law enforcement

00:32:55officials

00:32:56as mob connected.

00:32:58In August of 1990,

00:33:00while reportedly

00:33:01cooperating

00:33:01with federal authorities

00:33:02investigating

00:33:03racketeering

00:33:04in the construction trades,

00:33:06Garofalo was shot

00:33:07to death gangland style

00:33:08in his driveway.

00:33:09In the dead man's pocket,

00:33:11a wad of cash

00:33:12and a high-rated

00:33:13comp card

00:33:14for the Trump Taj Mahal.

00:33:16Chapter four,

00:33:18when the demolition begins,

00:33:19appear to be

00:33:20public-spirited.

00:33:21Promise artifacts

00:33:22from the building

00:33:23to the Metropolitan

00:33:24Museum of Art.

00:33:26Chapter five,

00:33:27jackhammer the artifacts

00:33:28when you learn

00:33:29the cost of saving them.

00:33:31The demolition contractor

00:33:33allegedly said

00:33:34that it was going

00:33:35to take a long time

00:33:37or a longer time

00:33:38to take those

00:33:38heavy panels down

00:33:39before anybody

00:33:41could make a decision.

00:33:42Trump apparently

00:33:43gave the orders

00:33:44to have them demolished.

00:33:45Chapter six,

00:33:47threaten the lawyer

00:33:48that the Polish illegals hire

00:33:49after your cheap contractor

00:33:51defaults on paying them.

00:33:53Make sure that the threats

00:33:54aren't traceable

00:33:55in case the guy

00:33:56isn't scared off.

00:33:57Mr. Barron had told me

00:33:59in the one telephone conversation

00:34:01that I had with him

00:34:03that Donald Trump

00:34:05was upset

00:34:05because I was ruining

00:34:06his credit reputation

00:34:08by filing

00:34:09the mechanics liens

00:34:10and that Mr. Trump

00:34:12was thinking

00:34:13of filing a person

00:34:15a lawsuit against me

00:34:16for $100 million

00:34:17for defaming

00:34:18his reputation.

00:34:21It turned out

00:34:22that Mr. Barron

00:34:23was Donald Trump's

00:34:24favorite alias.

00:34:25When this was revealed,

00:34:26Trump said,

00:34:27what of it?

00:34:28Ernest Hemingway

00:34:29used the pen name,

00:34:30didn't he?

00:34:31Chapter seven,

00:34:32manage to stay

00:34:33out of trouble

00:34:34when your contractor

00:34:35is tried,

00:34:36found guilty,

00:34:36and fined

00:34:37for not paying

00:34:38his Polish illegals.

00:34:39And in any moment,

00:34:40this should have

00:34:41fell out of bed.

00:34:42Now,

00:34:43the people you've got

00:34:44to ask the questions

00:34:45through

00:34:46is over in Newark,

00:34:48New Jersey,

00:34:48in the Department of Justice,

00:34:50where,

00:34:51interestingly enough,

00:34:51Donald's sister worked.

00:34:53She was the number

00:34:54three person in the office.

00:34:55The assistant U.S.

00:34:56attorney said,

00:34:57don't mention the name

00:34:58Trump inside here.

00:35:00If you want to

00:35:00talk about Trump,

00:35:02just say,

00:35:02let's go outside

00:35:03and take a walk.

00:35:05At the time,

00:35:06Trump's sister

00:35:06was an assistant

00:35:07in the U.S.

00:35:08attorney's office

00:35:08in Newark.

00:35:09Today,

00:35:10she's a federal judge.

00:35:12Chapter eight,

00:35:13have Daniel Sullivan

00:35:14make peace

00:35:15between the union

00:35:16and non-union workers

00:35:17on the tower.

00:35:18In late July,

00:35:19July 27,

00:35:20Donald called me

00:35:21and asked me

00:35:23to please come

00:35:24to New York

00:35:25because he had

00:35:26a major problem.

00:35:27The employees

00:35:28he represented

00:35:30on the demolition

00:35:31of the Bonwatella building

00:35:32were going to hang

00:35:33one of his vice presidents,

00:35:34Tom McCary,

00:35:34off the building.

00:35:36Prevent the hanging,

00:35:37but a decade later,

00:35:38face legal charges

00:35:39that you defrauded

00:35:40the union pension

00:35:41and welfare fund.

00:35:44What do you think

00:35:45you got a business

00:35:45right, Donald?

00:35:46I'm in trouble.

00:35:48Chapter nine,

00:35:49to build the largest

00:35:50concrete structure

00:35:51in New York City,

00:35:53turn again to Roy Cohn.

00:35:54Cohn is also the lawyer

00:35:56for the New York crime boss

00:35:57who controls

00:35:58the concrete business.

00:36:00Payoffs from contractors

00:36:01are dropped off

00:36:02at Cohn's office,

00:36:02so he may get paid twice

00:36:04for his services here.

00:36:05But then,

00:36:06you get who you pay for.

00:36:09Conclusion.

00:36:10In every respect,

00:36:11the building was pure Trump.

00:36:13Behind every facade,

00:36:15another facade.

00:36:17When you're going to spend

00:36:18the kind of money

00:36:19that we've spent

00:36:20on a building

00:36:21where we spend

00:36:22for the finest marble,

00:36:23for the finest bronze,

00:36:24for the finest everything else,

00:36:25you have to be careful

00:36:26to be perfectly honest

00:36:27because it really does

00:36:28add to your risk.

00:36:29And we decided

00:36:30to go absolutely

00:36:30first class all the way

00:36:32and it's something

00:36:32we're very happy

00:36:33that we did.

00:36:33He calls it

00:36:35Trump Tower

00:36:37is money power

00:36:39that'll get you

00:36:40up where you want

00:36:42to be.

00:36:54Around the corner

00:36:55from Trump Tower

00:36:56was another golden

00:36:57opportunity for Trump.

00:36:58He found two neighboring

00:36:59buildings on Central Park South

00:37:01and bought them.

00:37:02One was a hotel,

00:37:04the other was a problem.

00:37:05It was an apartment house

00:37:07and it was occupied.

00:37:08In 1981,

00:37:10a group of tenants

00:37:11from 100 Central Park South

00:37:14came to interview me

00:37:15and discuss a problem

00:37:16they had.

00:37:18Apparently,

00:37:18Donald Trump

00:37:19had bought the building

00:37:19and started spreading

00:37:21rumors immediately

00:37:22they intended

00:37:23to evict all of the tenants

00:37:24and demolish the building

00:37:25and build a tower.

00:37:27This man walks in,

00:37:29makes a blanket statement,

00:37:31you're all evicted,

00:37:32I'm Donald Trump,

00:37:33get out of our building.

00:37:34He hired one of the worst

00:37:36companies in New York

00:37:37who were specialists

00:37:38in basically emptying buildings.

00:37:40Previously censured

00:37:41by the Attorney General's office,

00:37:43they have a record there

00:37:44this long.

00:37:46And that firm

00:37:47went to work on us

00:37:48and we were told

00:37:49by the superintendent

00:37:50that they were going

00:37:51to begin looking

00:37:52into our sex lives,

00:37:53our drinking,

00:37:54our,

00:37:54is anyone a homosexual

00:37:56or a lesbian

00:37:57and what are all these,

00:37:58where are the weak spots

00:37:59of the tenants

00:38:00and they were going

00:38:01to find them.

00:38:02Tenants were being approached

00:38:03and told

00:38:04that you better move out

00:38:06because if you don't

00:38:06move out now

00:38:07or you don't allow us

00:38:08to put you somewhere else now,

00:38:09you'll be evicted

00:38:10and you'll have nothing,

00:38:11you'll be thrown

00:38:11into the street.

00:38:12And a woman knocking

00:38:13on the door and saying,

00:38:14I've got to come in

00:38:15and help you,

00:38:15we're going to look

00:38:16for a place for you

00:38:16because tomorrow

00:38:17you're going to be out,

00:38:18you're going to be out.

00:38:19Services were immediately

00:38:21discontinued.

00:38:22There were all kinds

00:38:23of problems from,

00:38:25they wouldn't repair anything,

00:38:27they wouldn't paint,

00:38:28elevators out,

00:38:29lack of water,

00:38:31problems with the electrical.

00:38:33He brought many eviction cases

00:38:35against tenants in the building

00:38:37and he brought the case

00:38:38to evict every tenant

00:38:39in the building.

00:38:40In addition,

00:38:41as I indicated,

00:38:41he brought a lawsuit

00:38:42against attorneys

00:38:43representing the tenants

00:38:44in the building.

00:38:44I can't think of any other lawsuits

00:38:46he could have brought.

00:38:47He took six people

00:38:50and told them

00:38:50that they were going

00:38:51to be evicted.

00:38:52This was a Christmas Day lawsuit.

00:38:55Rebuild your walls,

00:38:56which have been taken down

00:38:57for 30 years now.

00:38:58Within 10 days

00:38:59or you will be in violation

00:39:01of a substantial provision

00:39:02of your lease.

00:39:03The tenants here say

00:39:04that Trump's harassment

00:39:05has taken on many forms.

00:39:07For example,

00:39:08they say a couple of years ago,

00:39:10Trump offered

00:39:10the vacant apartments

00:39:12in this building

00:39:13to the city's homeless.

00:39:15I'm willing to give them

00:39:17heated, beautiful apartments

00:39:20with services

00:39:21and medical services

00:39:22if necessary.

00:39:23Why not set up cots

00:39:24in this conference room?

00:39:26Well, I'll tell you,

00:39:27because right here

00:39:27I don't have the room.

00:39:28Over there I do.

00:39:30New York State

00:39:31basically brought its power

00:39:33to bear on Donald Trump

00:39:34and said you can't do this.

00:39:36They conducted

00:39:36ten and a half months

00:39:37of hearings

00:39:38to find out

00:39:39whether they had

00:39:39probable cause

00:39:40for a violation

00:39:41and found out,

00:39:42yes,

00:39:43Trump had harassed us.

00:39:45That we were able

00:39:46to also gain access

00:39:48through the media

00:39:49to the public

00:39:51and interest,

00:39:53therefore the state,

00:39:54in our problems

00:39:55was only a fortuitous event

00:39:57since we're not

00:39:58nearly as skilled

00:39:59at public relations

00:40:00as Donald.

00:40:02This was Trump's

00:40:03first major defeat

00:40:04in New York,

00:40:05but he hasn't left

00:40:06the tenants

00:40:06with much to celebrate.

00:40:08It hasn't stopped.

00:40:09The present is what

00:40:10I'm really concerned

00:40:11about now,

00:40:12because even though

00:40:12we signed an agreement

00:40:13where it was supposed

00:40:15to be the end

00:40:15of harassment,

00:40:16Donald Trump

00:40:17and his people

00:40:18are still trying

00:40:19to evict tenants

00:40:20in this building.

00:40:21He wants the world,

00:40:23but what he wants

00:40:24primarily is Manhattan

00:40:26to be turned

00:40:27into a Donald Trump

00:40:29mecca

00:40:29for the super rich.

00:40:33No room

00:40:34for anyone else.

00:40:46If Donald Trump

00:40:47had tried to capture

00:40:48the money crowd

00:40:48with Trump Tower,

00:40:50nothing made him

00:40:51more of a people's billionaire

00:40:52than his entrance

00:40:53into the world

00:40:54of professional sports.

00:40:56The United States

00:40:57Football League

00:40:58was playing

00:40:58an autumn sport

00:40:59in the spring

00:41:00when Donald Trump

00:41:01bought the New Jersey

00:41:02Generals franchise.

00:41:03It was a team

00:41:04with no players

00:41:05anyone would call

00:41:06the best

00:41:07or the greatest.

00:41:08Trump quickly

00:41:09set about changing

00:41:10all that,

00:41:11obtaining Doug Flutie

00:41:12and other stars

00:41:13and promoting them

00:41:14and himself.

00:41:15Quite frankly,

00:41:16he loved it

00:41:17because the United States

00:41:19Football League

00:41:19in general

00:41:21and the General's team

00:41:23in particular

00:41:26started Donald

00:41:27toward his celebrity status.

00:41:29What he really wanted

00:41:31was a National Football League

00:41:32franchise

00:41:32and he quickly

00:41:34provoked the confrontation

00:41:35by pushing

00:41:36the other USFL owners

00:41:37into going

00:41:38head-to-head

00:41:39with the NFL.

00:41:40Playing in the fall

00:41:41meant big money

00:41:42and fame.

00:41:44His withdrawal

00:41:45would have killed

00:41:45the league

00:41:46and Donald was aware

00:41:47of that

00:41:47and Donald used

00:41:48that magnificently well.

00:41:50Donald never came

00:41:52right out

00:41:52and said

00:41:53if you guys

00:41:54don't go to the fall

00:41:55I'm going to take

00:41:56my football

00:41:56and go home

00:41:57but it was implied

00:41:59enough so that

00:41:59you can put

00:42:01two and two together

00:42:02and get four.

00:42:03Donald was hell-bent

00:42:04to get into the NFL

00:42:06either via

00:42:07an accommodation

00:42:08or a merger

00:42:09or a court case

00:42:11which in my opinion

00:42:12he hoped

00:42:12would lead to a merger.

00:42:14It would take

00:42:15a lawsuit

00:42:16and lawsuits

00:42:17were one of

00:42:17Donald Trump's

00:42:18favorite sports.

00:42:19He pressured

00:42:20the other owners

00:42:21into joining him.

00:42:22The results

00:42:23were disastrous.

00:42:24I believe

00:42:25that Donald felt

00:42:26that he could

00:42:26single-handedly

00:42:27win the trial.

00:42:28If you talk

00:42:29to Donald today

00:42:30I'm sure

00:42:30he'll tell you

00:42:31that that was

00:42:31not a defeat

00:42:32but the key

00:42:33is whether

00:42:34the USFL won

00:42:36and that's

00:42:36won in quotes

00:42:37won the trial

00:42:38or not

00:42:38the fact is

00:42:39that the USFL

00:42:40is not playing

00:42:41today.

00:42:47Boxing for a time

00:42:48brought Trump

00:42:49the fame

00:42:50he was seeking.

00:42:51When Trump

00:42:52landed the Tyson

00:42:52Spinks

00:42:53championship fight

00:42:54he and the other

00:42:55Atlantic City

00:42:55casino operators

00:42:56realized their

00:42:57greatest gaming

00:42:58jackpots ever

00:42:59but that wasn't

00:43:00enough for Trump

00:43:01he wanted to

00:43:02own Mike Tyson

00:43:03first he tried

00:43:04to join forces

00:43:05with Bill Caton

00:43:06Tyson's manager

00:43:08Trump was rebuffed

00:43:09in his efforts

00:43:10to become Caton's

00:43:11partner

00:43:11so he set about

00:43:12trying to steal

00:43:13the fighter.

00:43:14At a celebrity

00:43:15cocktail party

00:43:16he'd come over

00:43:17to the table

00:43:17where I was sitting

00:43:18with my family

00:43:19and friends

00:43:19put his arm

00:43:20around me

00:43:21and told all

00:43:22people at the table

00:43:23how wonderful

00:43:23I was

00:43:24how much he loved

00:43:26me

00:43:26how much he appreciated

00:43:27and respected me

00:43:28for putting together

00:43:29this fight

00:43:29he said

00:43:29only you could

00:43:30have kept it

00:43:30on track

00:43:31Bill

00:43:31we owe you

00:43:32for getting

00:43:33this fight on

00:43:34but then two

00:43:35days later

00:43:35I found out

00:43:36he was working

00:43:38with the women

00:43:38against my interests

00:43:41when Tyson's marriage

00:43:42to Robin Givens

00:43:43set up a three

00:43:44cornered power fight

00:43:45with Givens

00:43:45and her mother

00:43:46Ruth Roper

00:43:46in one corner

00:43:47Caton in another

00:43:48and promoted

00:43:49Don King in a third

00:43:50Trump saw the answer

00:43:51to everything

00:43:52or so he thought

00:43:54Trump had to be

00:43:56involved

00:43:56directly or indirectly

00:43:58into this

00:44:00into this new

00:44:01scenario for

00:44:02Tyson

00:44:03when he got the

00:44:04lawyers

00:44:04when he got the

00:44:05publicist

00:44:06Trump had to be

00:44:08behind that

00:44:09Trump used

00:44:10Givens and Roper

00:44:11against Caton

00:44:12he even moved

00:44:13them into an

00:44:13apartment in

00:44:14Trump Tower

00:44:14but Givens and

00:44:16Tyson didn't

00:44:17stay married

00:44:17when Tyson

00:44:19lost the women

00:44:21Trump lost

00:44:23the power

00:44:23because

00:44:25Trump's

00:44:25ticket to

00:44:26Tyson

00:44:27were the women

00:44:30though Trump

00:44:30made the wrong

00:44:31bet

00:44:31he didn't lose

00:44:32entirely

00:44:33Iron Mike

00:44:34may have skipped

00:44:34to another

00:44:35corner

00:44:35but Trump

00:44:36still gets

00:44:37some of his

00:44:37fights

00:44:37and some

00:44:38of the money

00:45:01it looked too

00:45:02good to be

00:45:03true

00:45:03and it was

00:45:04she was a

00:45:05mother

00:45:05a wife

00:45:06a casino

00:45:07executive

00:45:07a fashion

00:45:08plate

00:45:08no wonder

00:45:09she talked

00:45:10so fast

00:45:11what's good

00:45:12for Atlantic

00:45:13City

00:45:13it's good

00:45:14for Trump

00:45:14as a Trump

00:45:15because

00:45:15it's nicer

00:45:16the city

00:45:16it's going

00:45:17to become

00:45:17and it's more

00:45:18visitors

00:45:19we are going

00:45:19to bring

00:45:20in not only

00:45:21Trump

00:45:21but Atlantic

00:45:22City

00:45:22it's going

00:45:22to benefit

00:45:23from

00:45:24like everything

00:45:25else in

00:45:25Trump's story

00:45:26the facts

00:45:27his publicity

00:45:27machine

00:45:28ground out

00:45:28about Ivana

00:45:29were just

00:45:30the point

00:45:30of departure

00:45:31born in

00:45:32Czechoslovakia

00:45:33she made

00:45:33a marriage

00:45:34of convenience

00:45:35to an Austrian

00:45:35allowing her

00:45:36to leave

00:45:37and join

00:45:37her lover

00:45:38in Montreal

00:45:38there she was

00:45:40a runway model

00:45:41not a top

00:45:42fashion model

00:45:42as Trump

00:45:43and his publicist

00:45:44said

00:45:45she was an

00:45:46accomplished skier

00:45:47but not an

00:45:47Olympic skier

00:45:48as publicized

00:45:52Donald and Ivana

00:45:53met in a New York

00:45:54singles bar

00:45:54they were married

00:45:55in 1977

00:45:56by the Reverend

00:45:57Norman Vincent Peale

00:45:58the exponent

00:45:59of the power

00:46:00of positive thinking

00:46:01the Trumps

00:46:02had three children

00:46:03but Ivana

00:46:04wanted more

00:46:07I was a girl

00:46:08and I was young

00:46:09and I was supposed

00:46:10to be at home

00:46:11I was supposed

00:46:12to be maybe

00:46:12collecting the art

00:46:13I wasn't supposed

00:46:14to be in their domain

00:46:15I wasn't supposed

00:46:16to be running

00:46:16hotel and casino

00:46:17which was a totally

00:46:19male oriented business

00:46:20now she started

00:46:22now she started at the top

00:46:23promoting the Trumpian vision

00:46:24as the titular president

00:46:26of Trump's Atlantic City Castle

00:46:27but as she helped her husband

00:46:29she also established herself

00:46:31she became in a sense

00:46:33a competitor

00:46:34for media attention

00:46:36there is competition

00:46:37in certain marriages

00:46:38this one

00:46:39since the marriage

00:46:40seemed to be played out

00:46:41more in the tabloid press

00:46:43and in the broadsheet newspapers

00:46:44of New York

00:46:45rather than in a private household

00:46:48there is a competitiveness there

00:46:50for headlines

00:46:51for attention

00:46:53but for all the smiles

00:46:54and the glittering entrances

00:46:56at society events

00:46:57this marriage was not

00:46:58as harmonious as it seemed

00:47:00if you're good to him

00:47:02he's incredible to you

00:47:03if you bet at him

00:47:04you're dead

00:47:06someone told me once

00:47:08who was involved

00:47:08in the Trump organization

00:47:09worked there

00:47:09that everyone that works

00:47:11for Donald

00:47:12spends 50% of their time

00:47:15worrying about incurring

00:47:17Donald's wrath

00:47:17except for one person

00:47:19Vonna Trump

00:47:20he said she spends

00:47:2190% of her time

00:47:23trying to worry

00:47:24about how not

00:47:25to get Donald

00:47:25to yell at her

00:47:26and now how not

00:47:27to incur his wrath

00:47:29but even as she worried

00:47:30she stood up

00:47:31to her husband

00:47:33it may have been

00:47:34Donald who coveted

00:47:35the biggest yacht

00:47:36in the world

00:47:36it was Ivana

00:47:38who used it

00:47:39it may have been

00:47:40Donald who bragged

00:47:41about his Palm Beach house

00:47:42it was Ivana

00:47:44who loved it

00:47:45she has her own

00:47:46little spa there

00:47:47and I know

00:47:48Barbara Walters

00:47:48I hear is coming

00:47:49so she has many

00:47:51wonderful friends

00:47:52who are in business

00:47:53who are workers

00:47:54I guess she's quite

00:47:55a sure worker herself

00:47:57I have to ask Ivana

00:47:58to stand up

00:47:59because if we had

00:48:00this dinner here

00:48:01a year ago

00:48:01it would not have

00:48:02been the same

00:48:02believe me

00:48:03she's done a great job

00:48:06when Trump bought

00:48:07the Plaza Hotel

00:48:08he made her president

00:48:09her salary he said

00:48:10would be $1 a year

00:48:12and all the dresses

00:48:13she could buy

00:48:14a way of complimenting

00:48:15her and putting her

00:48:16in her place

00:48:17at the same time

00:48:18it was also

00:48:19a convenience

00:48:19his romance

00:48:20with Marla Maples

00:48:21was blossoming

00:48:22he wanted to install

00:48:24her in Atlantic City

00:48:25and to do that

00:48:26he had to bring

00:48:27Ivana back

00:48:28to New York

00:48:30in 1989

00:48:31an event that

00:48:32telegraphed

00:48:32the stress in her life

00:48:33Ivana underwent

00:48:35a physical transformation

00:48:36was it to save

00:48:37her marriage

00:48:38if so

00:48:38it didn't work

00:48:39by now

00:48:40Donald had Marla

00:48:41when the Trumps

00:48:42finally reached

00:48:43the divorce settlement

00:48:44after reams of

00:48:45gossip column speculation

00:48:46it looked just like

00:48:47the prenuptial agreement

00:48:48they had all along

00:48:49but Ivana left

00:48:51with something extra

00:48:52she became a Trumpian star

00:48:53in her own right

00:48:54with a seven figure book deal

00:48:56a career as an advertising model

00:48:58with a daughter

00:48:59and the freedom to enjoy

00:49:00the glittering social life

00:49:01her husband so often said

00:49:03he hated

00:49:03as for Donald

00:49:04the art of the deal

00:49:05with Marla

00:49:06was to stay in the headlines

00:49:07but not necessarily

00:49:08close the transaction

00:49:22there's old money

00:49:23there's new money

00:49:24and there's Trump money

00:49:26the kind of money

00:49:27that buys the biggest

00:49:28most famous house in town

00:49:30Mar-a-Lago

00:49:31other people

00:49:32wanted to buy Mar-a-Lago

00:49:34many many other people

00:49:35but they had different ideas

00:49:37they wanted to condo it

00:49:38they wanted to make it

00:49:39into a hotel

00:49:40they wanted to do

00:49:41all of

00:49:42in my opinion

00:49:42the wrong things

00:49:43with Mar-a-Lago

00:49:44this is a treasure

00:49:45this is a U.S. treasure

00:49:47and it had to be preserved

00:49:49Trump's original idea

00:49:51wasn't that high-minded

00:49:52he wanted to subdivide

00:49:53the property

00:49:54and create 14 luxury homes

00:49:56the city turned him down

00:49:58and that was just

00:49:59the beginning

00:49:59of Trump's quarrels

00:50:00with Palm Beach

00:50:08everybody in real estate

00:50:10and all the residents

00:50:11of the city of Palm Beach

00:50:12know

00:50:13that that huge house

00:50:14the Post Foundation home

00:50:16is in the direct

00:50:16flight path

00:50:18of West Palm Beach

00:50:18International Airport

00:50:19so how Mr. Trump

00:50:21overlooked this fact

00:50:22when he bought the house

00:50:23I don't know

00:50:24for Donald Trump

00:50:25to come down here

00:50:26like an invading bacteria

00:50:28like a carpet bagger

00:50:30and say

00:50:31those planes

00:50:32fly over

00:50:33my mansion

00:50:34Mar-a-Lago

00:50:35I don't like the noise

00:50:37Palm Beach County

00:50:38just

00:50:39I don't care how much money

00:50:40you've spent

00:50:40move your damn airport

00:50:41I would be shocked

00:50:43and amazed

00:50:44that anybody reasonable

00:50:45would expect

00:50:45to move

00:50:46a federal facility

00:50:47for their own

00:50:48personal convenience

00:50:50and interest

00:50:51in New York

00:50:52when Trump had a problem

00:50:53there was always

00:50:54a politician

00:50:55with a sympathetic ear

00:50:56it wasn't so simple

00:50:58in Palm Beach

00:51:00people then perceived

00:51:01myself as being

00:51:02in the hands

00:51:03or in the pockets

00:51:04of Donald Trump

00:51:05wrongly perceived

00:51:06but they perceived

00:51:07that just the same

00:51:08and that resulted

00:51:09in a problem

00:51:10in terms of

00:51:11electability

00:51:13on election day

00:51:15Trump's candidates lost

00:51:16socially

00:51:17Trump lost as well

00:51:18when he flew in

00:51:19guests from New York

00:51:20they went home buzzing

00:51:21about the unfashionably

00:51:23early dinner hour

00:51:24and the room phones

00:51:25that were programmed

00:51:26to prevent expensive

00:51:27long distance calls

00:51:29among the locals

00:51:31Trump fared no better

00:51:32when he tried to get

00:51:33his tax assessment

00:51:34lowered

00:51:34he failed

00:51:35finally it turned out

00:51:37that this deal

00:51:37wasn't as artful

00:51:38as he claimed

00:51:39in his book

00:51:40The Art of the Deal

00:51:41Trump said

00:51:42that he bought the house

00:51:43for 8 million dollars

00:51:45paying 100% cash

00:51:47actually he spent

00:51:4910 million

00:51:49of which only

00:51:502,000 was cash

00:51:52now Mar-a-Lago

00:51:54is on the market again

00:51:55and because Trump

00:51:56can't find a buyer

00:51:57he's filed another plan

00:51:59to subdivide

00:52:00his national treasure

00:52:02then there's

00:52:03Trump Plaza

00:52:04of the Palm Beaches

00:52:05beautiful to look at

00:52:06from Palm Beach

00:52:07but actually

00:52:08in West Palm Beach

00:52:09across the water

00:52:10and in a definitely

00:52:11downscale neighborhood

00:52:13Trump bought these condos

00:52:15out of bankruptcy

00:52:16and put his name on them

00:52:17when they didn't sell

00:52:18he offered

00:52:19prospective buyers

00:52:20rides on the

00:52:21Trump Princess

00:52:21now the bank

00:52:23that held the mortgage

00:52:24on these towers

00:52:24has auctioned the apartments

00:52:26at fire sale prices

00:52:29there's an underground passage

00:52:31from Trump's house

00:52:31to the Bath and Tennis Club

00:52:33other owners

00:52:34have been able to use it

00:52:35Palm Beach veterans

00:52:36say Trump never will

00:52:38and they're not shy

00:52:39about telling Trump

00:52:40why he hasn't made it here

00:52:42we fear change

00:52:43like here

00:52:44like we fear tigers

00:52:45we're terrified of change

00:52:46we've just had to

00:52:47landmark the bridges

00:52:48because they wanted

00:52:49to make huge

00:52:50high span bridges

00:52:52we don't want change

00:52:53here at all

00:52:54what's irked

00:52:56some people about Trump

00:52:57is that he hasn't

00:52:58really become a part

00:52:58of the charity thing

00:52:59if he really wanted

00:53:01to be a part

00:53:01of this town

00:53:03then perhaps

00:53:03they feel

00:53:05he should give money

00:53:06toward those causes

00:53:07it could help us

00:53:08with money

00:53:08yes

00:53:10money for charities

00:53:11he could lend his

00:53:13lend his name

00:53:14lend his house

00:53:15and contribute to

00:53:16a lot of things

00:53:17anybody can buy

00:53:19your way into a charity ball

00:53:20you give me $500

00:53:21you're in

00:53:22you donate $20,000

00:53:23maybe you can be

00:53:24one of the co-chair people

00:53:25well what is that

00:53:27that's nothing

00:53:28as far as getting

00:53:29in to the parties

00:53:31and into the people's homes

00:53:32you can't buy your way in

00:53:33they like you

00:53:34they will invite you

00:53:35or they won't

00:53:35the criteria still is

00:53:38the old family name

00:53:41the Vanderbilts

00:53:42the Whitney's

00:53:43the Munns

00:53:44the Phipps

00:53:45and to them

00:53:46Nouveau Riche

00:53:47is just

00:53:47another thing

00:53:49he couldn't get

00:53:50into Palm Beach

00:53:51was his yacht

00:53:51the harbor

00:53:52was too small

00:53:53so while it was there

00:53:54the Trump Princess

00:53:55had to be moored

00:53:56in Fort Lauderdale

00:53:57next to a

00:53:58Best Western motel

00:54:00I don't think

00:54:01he has the making

00:54:02of being a real

00:54:03Palm Beach

00:54:24once the public caught on

00:54:26to Trump's games

00:54:27Trump bashing

00:54:28became a popular sport

00:54:29but right up to the moment

00:54:31his infidelities were revealed

00:54:32he could do no wrong

00:54:34he's very sexy

00:54:35very handsome

00:54:36very powerful

00:54:37he cares about America

00:54:39he cares about New York City

00:54:40and he's doing something

00:54:41trying to help New York City

00:54:43some thought he should run

00:54:44for president

00:54:45Trump considered it

00:54:47are supposedly our allies

00:54:49would you really like

00:54:50to take over

00:54:51and run

00:54:52and run

00:54:53the country

00:54:54as you have run

00:54:55your organization

00:54:56I would much prefer

00:54:57that somebody else

00:54:58do it

00:54:59I just don't know

00:55:00if somebody else is there

00:55:01I don't know

00:55:02if we have the kind

00:55:03of advocate

00:55:04that you need

00:55:04we need major surgery

00:55:06this country needs

00:55:07major surgery

00:55:08are you the surgeon?

00:55:09I think I do

00:55:10a fantastic job

00:55:11he doesn't give

00:55:12a good rat's hoot

00:55:13about poor people

00:55:15who might be living

00:55:15on sidewalks

00:55:16outside his building

00:55:17he talks a good game

00:55:19but he lacks character

00:55:22those who have worked

00:55:23closely with Trump

00:55:24have seen a more

00:55:25personal side

00:55:26of this most public man

00:55:28he has a loner quality

00:55:30there's no question

00:55:31about it

00:55:32and there

00:55:33for all the sense

00:55:35of Donald Trump

00:55:36as someone who's

00:55:37out and around

00:55:37all the time

00:55:38there are dozens

00:55:40if not hundreds

00:55:41of times

00:55:43that I have spoken

00:55:44to him

00:55:45at 9.30

00:55:46or 10.30

00:55:47or 8 o'clock

00:55:48at night

00:55:49on a weekday

00:55:51when the only thing

00:55:53between me and him

00:55:54interfering

00:55:55is the remote control

00:55:56changer changing

00:55:57the channels

00:55:59he presents himself

00:56:01marvelously

00:56:02but the Donald Trump

00:56:03that I saw

00:56:03in real life

00:56:04was very different

00:56:06than the Donald

00:56:07that I saw

00:56:08on TV

00:56:09or on

00:56:10some sort of video

00:56:11or a talk show

00:56:12or something

00:56:12and that fascinated me

00:56:14and that's when I realized

00:56:14how much a performance

00:56:16it was

00:56:17he can be

00:56:18articulate

00:56:20and very well mannered

00:56:21and he has this

00:56:22marvelous sort of

00:56:25boyishness

00:56:25that projects

00:56:27I think rather successfully

00:56:29on camera

00:56:30in person

00:56:32you see a hostility

00:56:34and anger

00:56:36I've known him

00:56:37to say after a meeting

00:56:37where he'll freak out

00:56:38and scream at people

00:56:39that he'll walk out

00:56:40and say

00:56:40some performance

00:56:41wasn't it

00:56:43but a lot of times

00:56:44it's not a performance

00:56:45and he'll claim it is

00:56:47because then again

00:56:47it maintains his image

00:56:48that he's always in control

00:56:49he's often out of control

00:56:52he treats people

00:56:53I've seen people

00:56:54treated horribly

00:56:55including his own family

00:56:57by him

00:56:58extraordinary verbal assaults

00:57:03he doesn't define himself

00:57:05from within

00:57:06he doesn't define himself

00:57:07through relationships

00:57:09or through

00:57:11some

00:57:12spiritual

00:57:13interests

00:57:14and concerns

00:57:15he does not have

00:57:17close friends

00:57:19outside of his family

00:57:20but I don't think

00:57:22and he himself

00:57:23has said

00:57:24that friendship

00:57:25in the way

00:57:26that other people

00:57:28might think it's important

00:57:30is as high a priority

00:57:32for him

00:57:34you expect employees

00:57:35to speak well of the boss

00:57:37but some of Trump's associates

00:57:38seem to genuinely love him

00:57:40one in particular

00:57:41was this man

00:57:42John Beninov

00:57:43vice president

00:57:44of Trump Plaza Hotel

00:57:45and Casino

00:57:47we have a great leader

00:57:48in Mr. Trump

00:57:49and in Mr. Hyde

00:57:50and they care about

00:57:51their people

00:57:52and that's the difference

00:57:53at Trump Plaza

00:57:54they truly care about

00:57:55their employees

00:57:56we don't like to

00:57:57four months after

00:57:58this interview

00:57:58Beninov

00:58:00Stephen Hyde

00:58:00and Mark Eddis

00:58:01another key

00:58:02Atlantic City executive

00:58:03were killed

00:58:04in a helicopter accident

00:58:05a stunned

00:58:06Trump publicly

00:58:07mourned their loss

00:58:08nine months later

00:58:10in an interview

00:58:10in the New York Times

00:58:11Trump attacked

00:58:12the three dead men

00:58:13blaming many of his

00:58:14financial problems

00:58:15in Atlantic City

00:58:16on their mismanagement

00:58:20the comments

00:58:21enraged

00:58:21some Trump employees

00:58:22Trump later denied

00:58:24he made the criticism

00:58:25but the reporter

00:58:26who wrote the story

00:58:27told us

00:58:28Trump couldn't

00:58:28have been more explicit

00:58:31when you work

00:58:31for Trump

00:58:32you know you're

00:58:33working for the best

00:58:33there's

00:58:34I think it's human nature

00:58:35when people say

00:58:36where do you work

00:58:37when you're working

00:58:38for the number one place

00:58:39there's a lot of pride

00:58:40behind that

00:58:48he's a crap game operator

00:58:51why do you say that

00:58:52well he rather

00:58:53most of his money

00:58:54comes from crap games

00:58:55in Jersey

00:58:56I mean if that takes

00:58:57a genius

00:58:58to get money

00:58:58out of a crap game

00:58:59come on

00:59:00there's been geniuses

00:59:01in this city

00:59:01for a hundred years

00:59:03that's what gambling

00:59:04is all about

00:59:05you win some

00:59:05and lose some

00:59:06but it's really a trap

00:59:07they were giving you

00:59:09thousand dollar bills

00:59:10and that's how

00:59:10you ran to the casino

00:59:12you wanted

00:59:13the parking up

00:59:14of your heart

00:59:15and the feeling

00:59:16of a different

00:59:17kind of life

00:59:18I must sound

00:59:19like a baby up here

00:59:20I haven't smoked

00:59:20I haven't drank

00:59:21and I don't take drugs

00:59:22okay

00:59:22I have other problems

00:59:23but I can't tell you

00:59:24about them

00:59:25Trump has an addiction

00:59:27all his own

00:59:28cash flow

00:59:29and to satisfy

00:59:30his craving for cash

00:59:31he went where

00:59:32the money was

00:59:33to Atlantic City

00:59:35Atlantic City

00:59:36liked the fact

00:59:37that Trump

00:59:37seemed to have

00:59:38a clean image

00:59:38with no prior ties

00:59:40to the gambling industry

00:59:42Donald's problem

00:59:42is a simpler one

00:59:43he wanted to become

00:59:44a super citizen

00:59:45he wanted to get

00:59:46to be the beneficiary

00:59:47of a privilege

00:59:48granted by the state

00:59:49of New Jersey

00:59:49and even a gaming license

00:59:50and therefore

00:59:51you have to

00:59:52it's like going to confession

00:59:53you have to prove

00:59:55that you are

00:59:55an absolute

00:59:56first class citizen

00:59:58that was a little

00:59:59hard to do

00:59:59considering his connection

01:00:00to Daniel Sullivan

01:00:01to the Teamsters Union

01:00:03Sullivan was a reformer

01:00:04to the law

01:00:05he was a man

01:00:06with a criminal record

01:00:07to Donald Trump

01:00:08though

01:00:08he was an asset

01:00:09on his construction jobs

01:00:11and he was also

01:00:12co-owner of the land

01:00:13on which Trump

01:00:13wanted to build

01:00:14his first casino

01:00:16one of Sullivan's

01:00:17partners on that land

01:00:18had links to

01:00:18Nicky Scarfo

01:00:19the crime boss

01:00:20of Atlantic City

01:00:21currently in jail

01:00:22Sullivan and his partners

01:00:23had bought the land

01:00:24just one week

01:00:25before they sold it

01:00:26to Trump

01:00:27Trump owned the land

01:00:28but he said

01:00:28he wouldn't build

01:00:29until he had

01:00:30a casino license

01:00:31the casino control commission

01:00:32granted it to him

01:00:33in record time

01:00:34he had almost everything

01:00:36he did not have

01:00:38the financing

01:00:39for the Trump Plaza

01:00:41and at that time

01:00:42he was in the process

01:00:43of building

01:00:44the Trump Tower

01:00:47in New York

01:00:47and he was under

01:00:48construction

01:00:49with the Hyatt

01:00:51New York

01:00:53Trump soon found

01:00:55a partner

01:00:55with Deep Pockets

01:00:56this time

01:00:57it was Harris

01:00:57for half ownership

01:00:59Harris put up

01:01:0050 million dollars

01:01:01and for that

01:01:02Trump had to take

01:01:03second billing

01:01:04he'd soon buy

01:01:05Harris out

01:01:06and rename the casino

01:01:07Trump Plaza

01:01:08just like going to confession

01:01:10casino applications

01:01:12must be renewed

01:01:12every few years

01:01:13so casino owners

01:01:15must stay clear

01:01:15of associations

01:01:16like Daniel Sullivan

01:01:17that leads to questions

01:01:19about Trump's relationship

01:01:21with this man

01:01:22Joseph Wechselbaum

01:01:23to Donald Trump

01:01:25he provided helicopter service

01:01:27to Atlantic City

01:01:28to drug enforcement officials

01:01:30he was a sometime middleman

01:01:32between Colombian

01:01:33cocaine suppliers

01:01:34and American drug dealers

01:01:36in 1985

01:01:37he was indicted

01:01:38on drug and tax

01:01:39conspiracy charges

01:01:40and eventually

01:01:41served 18 months

01:01:42in jail

01:01:42Trump proved

01:01:43to be a loyal friend

01:01:44after Wechselbaum

01:01:46had been indicted

01:01:46Trump rented him

01:01:47one of his

01:01:48New York City apartments

01:01:49on a part cash

01:01:50part barter basis

01:01:51when Wechselbaum

01:01:53got out of jail

01:01:53he moved into

01:01:54a Trump Tower apartment

01:01:55owned by his girlfriend

01:01:58others wouldn't

01:01:59have Trump's luck

01:02:00with the casino

01:02:00control commission

01:02:01when it came

01:02:02to investigating

01:02:03their ties

01:02:03with undesirables

01:02:04that's why

01:02:05Baron Hilton

01:02:06struck out

01:02:07the division

01:02:08of gaming enforcement

01:02:09then recommended

01:02:10licensing

01:02:10but the casino

01:02:11control commission

01:02:12said no

01:02:13accusing key executives

01:02:15and one of Hilton's

01:02:16lawyers

01:02:16of being too close

01:02:17to organized crime

01:02:19the license

01:02:19was denied

01:02:20Trump purchased

01:02:21the hotel

01:02:22and opened it

01:02:23as Trump's castle

01:02:24now this

01:02:25is a castle

01:02:26you're the king

01:02:27of the castle

01:02:28everything's just

01:02:30bigger

01:02:30much bigger

01:02:31and frankly

01:02:32more expensive

01:02:33but it's something

01:02:33that when it's done

01:02:34if done right

01:02:35is a wonderful investment

01:02:37Trump only saw

01:02:39the cash coming in

01:02:40early on

01:02:41a casino analyst

01:02:42named Marvin Rothman

01:02:43saw it pouring out

01:02:45while cash flow

01:02:47numbers sound

01:02:47very impressive

01:02:50it's very important

01:02:51to be able to

01:02:51cover your debt

01:02:52service

01:02:53because cash flow

01:02:54doesn't mean anything

01:02:55if you can't

01:02:56cover debt

01:02:57covering debt

01:02:58wasn't on Trump's mind

01:02:59having it all

01:03:01was

01:03:01so Trump's debt

01:03:02grew larger

01:03:03as he relied

01:03:04on the magic

01:03:04of junk bonds

01:03:05instead of partners

01:03:06to finance his habit

01:03:07but this was

01:03:09the mid-1980s

01:03:10Trump was on top

01:03:11every hand

01:03:12was full of aces

01:03:13and he kept going

01:03:15Trump began

01:03:16playing a new game

01:03:17weaken your competition

01:03:18first came Harris

01:03:20his former partner

01:03:21he bought its stock

01:03:22and the company

01:03:22spent 30 million dollars

01:03:24buying him out

01:03:25with the profits

01:03:26he went after Bally's

01:03:27there was litigation

01:03:28on both sides

01:03:29and in the end

01:03:29Bally succumbed

01:03:31to his apparent

01:03:31green mail

01:03:32and paid him off

01:03:33he skirts the law

01:03:35in the sense that

01:03:36he goes right up

01:03:37to the edge

01:03:38and sometimes over it

01:03:41he uses his

01:03:42enormous economic

01:03:44clout

01:03:46instead of using

01:03:47his Bally profits

01:03:48to pay down debt

01:03:49Trump went after

01:03:50the biggest prize

01:03:51in town

01:03:51the unfinished

01:03:52Taj Mahal

01:03:53owned by Resorts International

01:03:55he began buying

01:03:56Resorts stock

01:03:57the rest of the deal

01:03:58was pure Trump

01:04:00within a matter of months

01:04:02he had

01:04:03convinced

01:04:04Resorts Board of Directors

01:04:05to permit him

01:04:06to put into effect

01:04:07a management contract

01:04:09which was worth

01:04:10something like

01:04:1160 million dollars

01:04:12to him

01:04:13nothing like this

01:04:14has ever

01:04:14happened before

01:04:16and in essence

01:04:17they were paying him

01:04:18to supervise

01:04:19his own investment

01:04:20in his own company

01:04:22everybody was

01:04:23just aghast

01:04:24because there would be

01:04:25nothing left

01:04:27for the shareholders

01:04:28in return for the

01:04:29management contract

01:04:30Trump was supposed

01:04:32to finance the completion

01:04:33of the Taj Mahal

01:04:34he never had any

01:04:35intention of doing that

01:04:36until he owned

01:04:38the company outright

01:04:38the contract

01:04:40bled the company dry

01:04:41stock prices fell

01:04:42but they weren't

01:04:43low enough yet

01:04:44for Trump

01:04:44so he tried

01:04:45something else

01:04:46Resorts hired

01:04:48bankruptcy counsel

01:04:49and Mr. Trump

01:04:51walked them

01:04:51through the

01:04:52unfinished building

01:04:53within hours

01:04:55all of Atlantic City

01:04:57and indeed

01:04:58the entire

01:04:58financial community

01:04:59knew that Resorts

01:05:01had consulted

01:05:01bankruptcy counsel

01:05:02and the rumors

01:05:04were rampant

01:05:04that Resorts

01:05:06was going

01:05:07into bankruptcy

01:05:07there's no doubt

01:05:09that this had

01:05:10a very intimidating

01:05:11effect

01:05:12on the

01:05:13casino control

01:05:14commission

01:05:14today Donald Trump

01:05:16sat in the audience

01:05:17as state officials

01:05:17considered his request

01:05:18to gobble up

01:05:19even more

01:05:20Trump's next frontier

01:05:21the biggest of them all

01:05:23the Resorts Taj Mahal

01:05:24still under construction

01:05:25you ask yourself

01:05:26why did the casino

01:05:27control commission

01:05:28approve it

01:05:29I think they were

01:05:31literally bowled over

01:05:33by Donald Trump

01:05:34and by the utter fear

01:05:36that they had

01:05:36that he would walk away

01:05:38from Atlantic City

01:05:39that he would let this

01:05:41hotel under construction

01:05:43remain unfinished

01:05:44that it would be

01:05:46another blight

01:05:47on the Atlantic City

01:05:48landscape

01:05:48to have

01:05:49New Jersey's

01:05:50tallest building

01:05:51sitting there

01:05:52as a skeleton

01:05:53for everybody to see

01:05:56everyone was happy

01:05:57about the deal

01:05:58except the shareholders

01:05:59before Trump's deal

01:06:01could be completed

01:06:02out of the west

01:06:03came what looked

01:06:03like a white knight

01:06:04it was the biggest

01:06:06high stakes game

01:06:07on the boardwalk

01:06:08in years

01:06:08the players

01:06:09entertainer Merv Griffin

01:06:10and billionaire businessman

01:06:12Donald Trump

01:06:12the prize

01:06:13Resorts International

01:06:14and the unfinished

01:06:15Taj Mahal

01:06:16the winner

01:06:17some might call it a tie

01:06:18Griffin gets Resorts

01:06:20Trump the Taj Mahal

01:06:21I love that perception

01:06:23I won

01:06:24I won

01:06:24he is still

01:06:25you know

01:06:25a year later

01:06:26standing in New York

01:06:26I won

01:06:27I won

01:06:28he wants to make sure

01:06:29everybody in America

01:06:30knows he won

01:06:31and so

01:06:32I look at him and say

01:06:33Donald

01:06:33you won

01:06:34now do you feel better

01:06:35now eat

01:06:36he had called me

01:06:37after he had

01:06:39negotiated

01:06:40to sell the property

01:06:41to Merv Griffin

01:06:43and he said

01:06:44didn't I

01:06:44didn't I do

01:06:45the best deal

01:06:46didn't I get the best

01:06:46of Merv Marvin

01:06:48and I said

01:06:48Donald

01:06:49I think it was great

01:06:50that you sold the property

01:06:51but I think you made a mistake

01:06:53I think

01:06:54buying the Taj Mahal

01:06:56is going to be

01:06:58a very bad thing

01:06:59for you

01:06:59well what do you mean

01:07:00I mean

01:07:01I think the Taj Mahal

01:07:02is going to be

01:07:02the greatest success ever

01:07:03you just don't understand

01:07:04and I said

01:07:05well I

01:07:07I can't understand

01:07:08why you want to operate

01:07:09three different properties

01:07:10in Atlantic City

01:07:12how do you

01:07:13differentiate the marketing

01:07:14and the Taj is going to be

01:07:15such an expensive property

01:07:16to operate

01:07:17Marvin

01:07:17you just don't have vision

01:07:18you just don't understand

01:07:20this thing is going to be

01:07:20a monster

01:07:22having won this battle

01:07:23Trump thought he could do anything

01:07:24he plunged in

01:07:26and bought two more

01:07:26Atlantic City properties

01:07:27now he really needed cash

01:07:30so he invested in another

01:07:31competitor

01:07:32hoping to get bought out

01:07:33at a profit again

01:07:34this time

01:07:35the casino control commission

01:07:37made him back down

01:07:38it threatened to take

01:07:39his licenses

01:07:39if he did it again

01:07:40that cut off

01:07:42his cash supply

01:07:44Mr. Trump

01:07:45or for that matter

01:07:45any other casino operator

01:07:47may not use

01:07:48a subsequent sale

01:07:49or disposition

01:07:50to purge himself

01:07:51of the taint

01:07:51created by the purchase

01:07:53of an interest

01:07:53in a New Jersey casino competitor

01:07:55or its holding

01:07:56or intermediary companies

01:07:58this was the turning point

01:07:59for Trump

01:08:00but he didn't see

01:08:01his sights were set

01:08:02only on the opening

01:08:03of the Taj Mahal

01:08:04it may have a dollar

01:08:05one step beyond your wildest imagination

01:08:21a billion dollar dream come true

01:08:25Donald J. Trump's Taj Mahal

01:08:29the eighth wonder of the world

01:08:34an eighth wonder wasn't enough

01:08:36Trump needed a miracle

01:08:38a business that would throw off

01:08:39enough cash

01:08:40to pay his enormous debt

01:08:41the regulators were turned off

01:08:43the banks cried for blood

01:08:45Trump gave it to them

01:08:46he personally guaranteed the loans

01:08:48and put his properties at risk

01:08:50Trump saw only the upside

01:08:51Marvin Roffman saw it differently

01:08:54if the company

01:08:56doesn't generate

01:08:58the kind of wins it takes

01:08:59to pay 95 million dollar debt service

01:09:02to pay 125 million dollars

01:09:05to the payroll

01:09:06and payroll expenses

01:09:08if

01:09:09we got into a bad economy

01:09:11and all of a sudden

01:09:12the Atlantic City market

01:09:13stopped growing

01:09:16I think that would be catastrophic

01:09:19to an operation like the Taj Mahal

01:09:22that was so leveraged in debt

01:09:24Trump went ballistic

01:09:26over a similar prediction

01:09:27in the Wall Street Journal

01:09:28to appease him

01:09:29Roffman's employers

01:09:31Montgomery Jannie Scott

01:09:32fired him

01:09:33the analyst sued

01:09:35not only did he win

01:09:37the judge awarded him

01:09:38$700,000 in damages

01:09:42when the Taj Mahal opened

01:09:44in the spring of 1990

01:09:45it didn't solve Trump's problems

01:09:47it made them worse

01:09:48within six months

01:09:50the once invincible Trump

01:09:51had to file for bankruptcy

01:09:53and give his bondholders

01:09:55a one-half ownership

01:09:56in his crown jewel

01:09:58by now

01:09:59Trump was in danger

01:10:00of being washed out to sea

01:10:01on a wave of debt

01:10:02his castle was being held

01:10:04for ransom

01:10:04and Trump Plaza

01:10:06couldn't bail him out

01:10:07Trump's addiction for cash

01:10:09had brought him to the brink

01:10:11I in a way

01:10:13get high from what I do

01:10:14okay

01:10:15in a way

01:10:16that's my

01:10:17and I look at it

01:10:18as a positive addiction

01:10:19because

01:10:20addiction can be positive

01:10:21the casinos are tough

01:10:23nut

01:10:23they're tough

01:10:24they're really tough

01:10:25I wish there was a chance

01:10:26to beat them

01:10:27I'll be the first in line

01:10:28but there isn't

01:10:29you gotta die broke

01:10:30with the game

01:10:42Donald Trump's failures

01:10:43in Atlantic City

01:10:44might not have been

01:10:45so damaging to him

01:10:46if another of his

01:10:47grand designs

01:10:48hadn't failed

01:10:49on his home turf

01:10:50in New York

01:10:51this abandoned railroad yard

01:10:53on Manhattan's west side

01:10:54was Donald Trump's

01:10:56field of dreams

01:10:57the largest undeveloped

01:10:59site of land

01:10:59in Manhattan

01:11:00with magnificent views

01:11:01of the Hudson River

01:11:02Trump bought it

01:11:03for 93 million dollars

01:11:05and he planned to put up

01:11:06the world's tallest

01:11:07building there

01:11:09you can build

01:11:10two 75 story towers

01:11:13for less cost

01:11:14than you can build

01:11:15a single 150 story tower

01:11:17so the only reason

01:11:19you would want to build

01:11:20a 150 story tower

01:11:22is for status

01:11:23economically

01:11:24it's insane

01:11:25you know one of the reasons

01:11:26that I'm trying

01:11:28to get approval

01:11:29to build the world's

01:11:30tallest building

01:11:31it's the only lure

01:11:33I can see

01:11:34to get a major company

01:11:36to come to New York

01:11:38Trump thought

01:11:38he could get NBC

01:11:39to leave Rockefeller Center

01:11:41and relocate

01:11:41in his project

01:11:42they didn't

01:11:44he also saw Trump City

01:11:45as a gift

01:11:46to the west side

01:11:47but the people

01:11:48of that neighborhood

01:11:48rose up against him

01:11:52run out into the parking lot

01:11:53laughing

01:11:54actors, writers

01:11:55political activists

01:11:56in no time at all

01:11:58they were fighting Trump

01:12:00he's moving head

01:12:01full steam with the project

01:12:02trying to win approval

01:12:03for the plan

01:12:04as a matter of fact

01:12:05he's filed

01:12:06what's called

01:12:06an environmental

01:12:08impact statement

01:12:09I can show you

01:12:11to the ceiling

01:12:11is this correct?

01:12:13to the ceiling

01:12:14in EIS

01:12:14it goes to the ceiling

01:12:16this is a

01:12:17four volume

01:12:192,000 page

01:12:21technical document

01:12:22which is supposed

01:12:23to project

01:12:23the impact

01:12:24of the plan

01:12:25well

01:12:25you can claim

01:12:26all sorts of things

01:12:27if no one bothers

01:12:28to question you

01:12:29I don't know

01:12:30who the hell

01:12:30is going to read it

01:12:31I don't know

01:12:31how it's even

01:12:32possible to read

01:12:33West Pride

01:12:34has a team

01:12:35of professionals

01:12:35top experts

01:12:36in environmental

01:12:37engineering

01:12:37law

01:12:38urban design

01:12:39and economics

01:12:40who are going

01:12:41through this whole thing

01:12:41with a fine tooth comb

01:12:43but Trump kept

01:12:44promoting his dream

01:12:45New York is our

01:12:46biggest city

01:12:46and I think

01:12:47New York

01:12:47should have

01:12:47the world's

01:12:48tallest program

01:12:49in all due respect

01:12:51here in New York

01:12:52we have always believed

01:12:54the biggest is best

01:12:55in the old days

01:12:56there were a tiny handful

01:12:58of skyscrapers

01:12:58in New York

01:12:59and they were thrilling

01:13:00to us

01:13:00especially when we

01:13:01could see them

01:13:01from a distance

01:13:02and they symbolized

01:13:03the greatness

01:13:04of New York City

01:13:05but when you pile

01:13:06one skyscraper

01:13:07next to another

01:13:08so the squirrels

01:13:09could leap

01:13:09from one top

01:13:10to the next

01:13:10pretty soon

01:13:12you're living

01:13:12in the bottom

01:13:13of a well

01:13:13psychologically

01:13:14you feel uneasy

01:13:15you're in shadow

01:13:17something is wrong

01:13:18you're trapped

01:13:18inside something

01:13:20which is way

01:13:20beyond the human scale

01:13:22and none of the things

01:13:23that we need

01:13:24like light

01:13:24and air

01:13:25and the sun

01:13:26on our skins

01:13:27is any longer

01:13:27present to us

01:13:30certainly he wants

01:13:30to build the

01:13:31tallest building

01:13:32in the world

01:13:33somewhere

01:13:33I mean he has

01:13:34a real

01:13:36edifice complex

01:13:37I mean he's got

01:13:38a problem

01:13:39he's got to have

01:13:39the biggest

01:13:40it's like the kid

01:13:41who has to have

01:13:42the biggest

01:13:42and best toy

01:13:44it's the American

01:13:45dream gone berserk

01:13:46really is what it is

01:13:47you're allowed to dream

01:13:47as big as you want

01:13:48but if your dreams

01:13:49step on the lives

01:13:51of ordinary people

01:13:52and ruin the quality

01:13:54of their life

01:13:54and their neighborhood

01:13:55you have to be stopped

01:13:57for now

01:13:58Donald Trump's

01:13:59field of dreams

01:14:00lies empty

01:14:00and it has become

01:14:02another debtor's field

01:14:03for him

01:14:03in interest and taxes

01:14:05it costs him

01:14:06$60,000 a day

01:14:07$1.8 million

01:14:09a month

01:14:09$21 million

01:14:11a year

01:14:12it took years

01:14:14but those numbers

01:14:15finally began

01:14:15to impress

01:14:16even Trump

01:14:17and to the surprise

01:14:19of many

01:14:19the dictatorial developer

01:14:21turned into a conciliatory collaborator

01:14:23and all those people

01:14:25he used to fight with

01:14:26suddenly they were

01:14:27his best friends

01:14:28the tallest building

01:14:30in the world

01:14:30suddenly it was

01:14:31any building

01:14:32his opponents

01:14:33in the city

01:14:33would let him put up

01:14:35but like almost

01:14:36everything else

01:14:37in Trump's life

01:14:38this project's future

01:14:39remains uncertain

01:14:49heard about Trump's

01:14:50new deal

01:14:51what

01:14:51Trump has a new game

01:14:53in the late 1980s

01:14:54smart players

01:14:55were paying down debt

01:14:56and protecting their equity

01:14:57Donald Trump

01:14:59went right on

01:14:59playing his game

01:15:00my new game

01:15:01is Trump

01:15:01the game

01:15:02Trump

01:15:03the game

01:15:03where you deal

01:15:04for everything

01:15:05you ever wanted to own

01:15:06because it's not

01:15:07whether you win or lose

01:15:08it's whether you win

01:15:11all your life

01:15:12you grow up

01:15:12you go to the plaza

01:15:13you go to a ball

01:15:14you go and have dinner

01:15:15you see the plaza

01:15:16it represents something

01:15:17that's very special

01:15:18to New York

01:15:20the plaza was the ultimate

01:15:21trophy to him

01:15:22the crown jewel

01:15:23of his New York properties

01:15:24its price tag

01:15:26of 407 million dollars

01:15:27also made it

01:15:28one of the most expensive

01:15:29hotel purchases ever

01:15:32to get it

01:15:32he violated his own

01:15:33art of the deal rules

01:15:35he paid too much

01:15:36leveraged other properties

01:15:37and went deeper

01:15:38into debt

01:15:39but to the world

01:15:40he had won again

01:15:41few saw the reality

01:15:43he was now risking

01:15:44everything

01:15:46this is a characteristic

01:15:47of all self-made

01:15:50and in a sense

01:15:51Donald is self-made

01:15:52in this way

01:15:53highly driven

01:15:54and there is lying

01:15:56behind it

01:15:57an idea

01:15:57I think an idea

01:15:58ultimately about

01:15:59immortality

01:16:00this thing about

01:16:01Donald's going to

01:16:02die

01:16:02and

01:16:04success

01:16:06there's the gambler's

01:16:07analogy

01:16:07you've got to keep

01:16:08rolling the dice

01:16:09and you've got to

01:16:10keep rolling bigger

01:16:12back in 1989

01:16:13most people thought

01:16:14Trump was one of the

01:16:15richest men in the world

01:16:16when we started asking

01:16:18questions about his wealth

01:16:19Trump gave us this letter

01:16:21from his accounting firm

01:16:22it said he had

01:16:24700 million dollars

01:16:25in cash

01:16:26the letter made it look

01:16:27as if Trump could write

01:16:28a check for that amount

01:16:29on the spot

01:16:30he forgot to mention

01:16:31that most of the money

01:16:32was tied up in credit lines

01:16:34from his banks

01:16:37his next gamble

01:16:38was the eastern shuttle

01:16:39with New York a hub

01:16:40for flights to Boston

01:16:41and Washington

01:16:43getting the shuttle

01:16:44all of my life

01:16:45I've flown on the eastern shuttle

01:16:47and to think

01:16:48of owning the eastern shuttle

01:16:49was beyond me

01:16:50I was just

01:16:51beyond imagination

01:16:53that it was

01:16:54in a year

01:16:55the shuttle in the plaza

01:16:56had cost him

01:16:57three quarters of a billion dollars

01:16:59mostly borrowed

01:17:00and Trump wasn't

01:17:01finished buying

01:17:02desperate for cash

01:17:04he next made a bid

01:17:05for American Airlines

01:17:06at the very least

01:17:07he hoped they'd buy him off

01:17:08he was easily rebuffed

01:17:10he lost more than money

01:17:12his aura of invincibility

01:17:13was shattered

01:17:16for generations

01:17:17men in trouble

01:17:17have fled to California

01:17:19and that's where

01:17:20Trump looked next

01:17:21it would be a fresh start

01:17:22in every way

01:17:23a new base of operations

01:17:24with a new blonde

01:17:26he set his sights

01:17:28on the old

01:17:28Ambassador Hotel

01:17:29the city had been

01:17:31planning to build

01:17:31a high school there

01:17:32Trump thought

01:17:33that was silly

01:17:34what the area

01:17:35really needed

01:17:36was the same thing

01:17:37he said New York

01:17:37needed the year before

01:17:39the world's tallest building

01:17:42L.A. proved

01:17:43too much for the man

01:17:44I'm not telling

01:17:45tales out of school

01:17:46but the man

01:17:47is almost bankrupt

01:17:48trying to acquire

01:17:49all kinds of things

01:17:50and I don't know

01:17:51why he's bothering us

01:17:52in Los Angeles

01:17:52tell him to settle

01:17:53his problems in New York

01:17:54stay there

01:17:55and let us get on

01:17:55with the show

01:18:00the breakup

01:18:00of his marriage

01:18:01put him on the front page

01:18:02but he could no longer

01:18:04control the stories

01:18:05Ivana asked

01:18:06for half of his assets

01:18:07and the press

01:18:08now asked

01:18:09half of what

01:18:11Forbes magazine

01:18:12took him out

01:18:12of the billionaire class

01:18:14everyone now knew

01:18:15what his architect

01:18:16had told us

01:18:17a year earlier

01:18:18sometimes I think

01:18:19that when you hear

01:18:20a figure quoted

01:18:23by Donald

01:18:24you divide by two

01:18:25and divide by four

01:18:26you're probably closer

01:18:27to the real answer

01:18:29Trump had built

01:18:30his empire

01:18:31on other people's money

01:18:32now he couldn't

01:18:33pay it back

01:18:34and that empire

01:18:35was on the verge

01:18:36of bankruptcy

01:18:36the banks

01:18:38who had relied

01:18:38on Trump's math

01:18:39were in trouble too

01:18:41suddenly everything

01:18:42was for sale

01:18:43things got so bad

01:18:44Trump tried to slip

01:18:45his private plane

01:18:46out of its hangar

01:18:47without paying

01:18:48the storage fee

01:18:49the state police

01:18:50were called

01:18:51clearly order

01:18:52had to be restored

01:18:53and for now

01:18:54some semblance

01:18:55of it has been

01:18:56even Donald's father

01:18:57has helped out

01:18:58a three million dollar

01:19:00purchase of chips

01:19:00in one of his son's

01:19:01casinos

01:19:02went toward paying

01:19:03interest to bondholders

01:19:04massifying some of them

01:19:06at least

01:19:06for a time

01:19:09today there are

01:19:10no new Trump

01:19:11extravaganzas

01:19:12what sustains him

01:19:14perhaps the sense

01:19:15that even this low point

01:19:16is just a moment

01:19:17that it's all a game

01:19:20I do understand

01:19:21it's all basically

01:19:22a game

01:19:23we're all here

01:19:23to play the game

01:19:24and we're all

01:19:25hopefully going to

01:19:25play it well

01:19:26but some people

01:19:27obviously can't

01:19:28play it well

01:19:32but Trump

01:19:33the game that

01:19:34made him its hero

01:19:34was over

01:19:35so this is a big

01:19:37hurdle and it's great

01:19:37and I'm happy

01:19:38and maybe you people

01:19:39can cover one of the

01:19:40millions of other

01:19:41people now

01:19:41and sort of

01:19:43leave Trump alone

01:19:45they just might

01:19:46do what he wants

01:19:47and where would

01:19:48that leave him

01:19:49the only end

01:19:50to this road

01:19:51is sort of

01:19:52ultimate madness

01:19:53and you know

01:19:54living alone

01:19:54in an apartment

01:19:56complex in Panama

01:19:57and growing your

01:20:00fingernails long

01:20:00and stirring your

01:20:01urine in mason jars

01:20:02he just

01:20:03there's no other way

01:20:05I mean that

01:20:05or taking over the world

01:20:06one or the other

01:20:07it's either the most

01:20:08public life in the world

01:20:09or the most private

01:20:10at the end of this

01:20:11there's no in between

01:20:12he's not going to

01:20:13you're not going to

01:20:13catch him out

01:20:13with a Toro

01:20:14on a Sunday afternoon

01:20:15cutting the lawn

01:20:16somewhere

01:20:18it's going to be

01:20:18one extreme or another

01:20:19either the greatest

01:20:20Bond villain of all time

01:20:21or Howard Hughes

01:20:23if you should forget

01:20:25that Trump's his name

01:20:26you'll see it

01:20:28553 times

01:20:29in the game

01:20:30now we know

01:20:31that Donald

01:20:32is one rich guy

01:20:33so how come

01:20:34in every shot

01:20:34he wears the same

01:20:35shirt and tie

01:20:36if your deals

01:20:38turn out lucky

01:20:39and you're smart

01:20:40as a fox

01:20:41you could be like

01:20:41Donald

01:20:42and end

01:20:42up on a box

01:20:43big bucks

01:20:44will never seem

01:20:45the same

01:20:45when you play

01:20:46Trump

01:20:49the game

01:21:05so I talked to my father

01:21:07he didn't know

01:21:09I talked to my friend

01:21:11he didn't know

01:21:12he didn't know

01:21:13I talked to my brother

01:21:14he didn't know

01:21:16I talked to everybody

01:21:18that I knew

01:21:20it's funny that matters

01:21:24now you know

01:21:25let it through

01:21:27it's funny that matters

01:21:31whatever you do

01:21:35it's funny that matters

01:21:38now you can let it through

01:21:42it's funny that matters

01:21:46whatever you do

01:21:48it's funny that matter

01:21:49you

01:22:00you

01:22:01thank you

01:22:02thank you

Category

Transcript

Comments

Recommended