It’s been long alleged that Trump’s businesses functioned as a money laundering scheme for criminal cartels and foreign intelligence services. I have to wonder how many other VIPs O’Donnell witnessed Trump lead through the casino floor. Nevermind how much human trafficking he oversaw as a senior administrator at an Atlantic City Casino.
This feels a bit like getting an interview with Whitey Bulger to talk shit about the Boston Mafia.
During one visit to the Atlantic City resort in the late 80s, O’Donnell claimed inspectors of the state casino commission, which regulates gambling and ensures casinos comply with the law, were waiting for him in his office, after the president and disgraced financier had turned up to the venue with a group of three women.
At some point, maybe CNN could do a story about how state agencies regulate for-profit gambling dens.
Nah dude he famously was bankrupted again like 2 or 3 times.
When you’ve got an unlimited line of credit, bankruptcy is just a way to discharge old debts.
There’s a story his daughter likes to tell of Trump and Ivanka driving through Manhattan in a limosine on the way to a luxury gala. Trump points out the window to a starving homeless man and says “He’s $800M richer than I am”, then rolls up the window and drives on.
That’s what bankruptcy means to a billionaire. It’s got nothing to do with material conditions. Just a way of keeping score.
My man is at the beating heart of an absolute octopus of scams and flim-flams. He’s making money hand-over-fist and will likely leave office several times wealthier than at any point in his life prior to the second term.
So much of this wealth is rooted in his ability to access near-infinite credit, to lose billions of dollars, to declare bankruptcy, and to start over again with fresh new lines of borrowing capacity. He can do this, seemingly forever, because he’s such a well-known and well-insulated conduit for dirty money. If you need to bypass US sanctions or move liquidity through the NATO-aligned banking system, you’ve got a fence who can turn over god only knows how much money without being bothered by federal investigators.
He’s been doing this since he took over the business from his father, who was deeply embedded with the east coast mafia families and their corrupt government counterparts. It’s the reason he’s so close with Rudy Guliani (who made his career at the SDNY by shielding one half of the mafia in order to prosecute the other half).
If not for the licensing and the apprentice
Tip of the iceberg. He’s got friends at every major financial sector on the Atlantic. My guy has likely laundered trillions in his lifetime.
It’s been long alleged that Trump’s businesses functioned as a money laundering scheme for criminal cartels and foreign intelligence services. I have to wonder how many other VIPs O’Donnell witnessed Trump lead through the casino floor. Nevermind how much human trafficking he oversaw as a senior administrator at an Atlantic City Casino.
This feels a bit like getting an interview with Whitey Bulger to talk shit about the Boston Mafia.
At some point, maybe CNN could do a story about how state agencies regulate for-profit gambling dens.
He was fined for money laundering for the Russian mob at one of his failed casinos. 2 or 3 times IIRC
Civil fines that were almost certainly less than what he collected in kickbacks for managing the transactions.
And then, of course, he never lost his licenses or otherwise suffered long term financial or legal penalties.
Nah dude he famously was bankrupted again like 2 or 3 times. The guy fucked up running a casino so bad money laundering couldn’t fix it… 2 - 3 times
When you’ve got an unlimited line of credit, bankruptcy is just a way to discharge old debts.
There’s a story his daughter likes to tell of Trump and Ivanka driving through Manhattan in a limosine on the way to a luxury gala. Trump points out the window to a starving homeless man and says “He’s $800M richer than I am”, then rolls up the window and drives on.
That’s what bankruptcy means to a billionaire. It’s got nothing to do with material conditions. Just a way of keeping score.
Those businesses died and lost him money. If not for the licensing and the apprentice he’d be as broke as Mike Lyndel. And the bribes
https://www.visualcapitalist.com/charted-donald-trumps-net-worth-2014-2024/
My man is at the beating heart of an absolute octopus of scams and flim-flams. He’s making money hand-over-fist and will likely leave office several times wealthier than at any point in his life prior to the second term.
So much of this wealth is rooted in his ability to access near-infinite credit, to lose billions of dollars, to declare bankruptcy, and to start over again with fresh new lines of borrowing capacity. He can do this, seemingly forever, because he’s such a well-known and well-insulated conduit for dirty money. If you need to bypass US sanctions or move liquidity through the NATO-aligned banking system, you’ve got a fence who can turn over god only knows how much money without being bothered by federal investigators.
He’s been doing this since he took over the business from his father, who was deeply embedded with the east coast mafia families and their corrupt government counterparts. It’s the reason he’s so close with Rudy Guliani (who made his career at the SDNY by shielding one half of the mafia in order to prosecute the other half).
Tip of the iceberg. He’s got friends at every major financial sector on the Atlantic. My guy has likely laundered trillions in his lifetime.