ABC News Reporting on Donald Trump's finances in 1990
ABC News Allan Dodds Frank reporting on Donald Trump's finances in 1990.
The Art of Comeback: Trump's story begins when many real estate moguls went belly-up in the Great Depression of 1990. Trump renegotiated millions of dollars in bank loans and survived the recession, paving the way for a resurgence, during which he built the most successful casino operation in Atlantic City, broke ground on one of the biggest and most lucrative development projects ever undertaken in New York City, and outsmarted one of South America's richest men for rights to the Miss Universe pageant.
Trump tells it like it is: his investment philosophy; and his strategy for success or coming back from adversity. Whether you love him or hate him, one thing is certain about Donald Trump: He is a true American original, with great instincts and billion-dollar dreams.
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