Kurt Seitz
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thread 1/9
An extensive history of Donald Trump in New York... all the corruption and hubris...
12:05 PM - Feb 17, 2024
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Kurt Seitz
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thread 2/9
"The hundreds of millions that Fred Trump bestowed on his son could not prevent him from steering the family legacy on to the rocks... He had the arrogance and complacency of a pampered heir who wouldn’t have to claw his way upward...
12:05 PM - Feb 17, 2024
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Kurt Seitz
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thread 3/9
"He stood on his father’s wealth and connections surveying the island he planned to capture as his own... Donald tried to imitate Fred’s methods, but misunderstood them. Fred had slowly nurtured relationships with the Brooklyn clubhouse. The line between business and friendship was seamless...
12:05 PM - Feb 17, 2024
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Kurt Seitz
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thread 4/9
"Donald was crass, belligerent and bullying. He believed that the conspicuous display of gold-plated wealth showed an irresistible Midas touch and that all publicity was good publicity... Koch detested him. “I wouldn’t believe Donald Trump if his tongue were notarized,” he said...
12:05 PM - Feb 17, 2024
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Kurt Seitz
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thread 5/9
"Trump called Koch “a moron”, and Koch called him “greedy, greedy, greedy”, and said that if he was “squealing like a stuck pig, I must have done something right”. The house of cards began to crumble...
12:05 PM - Feb 17, 2024
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Kurt Seitz
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thread 6/9
"Trump filed six bankruptcies. He was forced to sell his airline, the Plaza Hotel on Fifth Avenue, and his yacht, named Princess for his daughter Ivanka. The Taj Mahal and the Castle went belly-up. Fortune dumped him from its list of billionaires. Forbes reported he had a negative net worth...
12:05 PM - Feb 17, 2024
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Kurt Seitz
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thread 7/9
"The New York banks cut him off from future loans. They put him on an allowance to give him a chance to repay part of his debts. His casino company filed for bankruptcy protection in 2014 for the fifth time...
12:05 PM - Feb 17, 2024
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Kurt Seitz
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thread 8/9
"During the 2016 campaign, Donald lied that he was a self-made man who started with a measly $1m loan from Fred. But the New York Times, after reviewing his tax records, determined in 2018 that he had “received the equivalent today of at least $413m from his father’s real estate empire”...
12:05 PM - Feb 17, 2024
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Kurt Seitz
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thread 9/9
"But Fred died in 1999. He is not here to buy the chips."
12:05 PM - Feb 17, 2024
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