BEVERLY: [voice-over] Trump
tried for five years to develop this project but he couldn't get financing
until he joined forces with a group of Hong Kong investors.
DONALD: I was in deep trouble with that particular project a while ago.... BEVERLY: You had to sell off alot of the debt for it -- DONALD: No -- No -- BEVERLY: -- to keep it going. DONALD: -- no. I didn't have to sell off the debt. I had sold off some of the equity in order to buy out the mortgage, in order to get rid of the debt that I had. And now, I'm partner with New World and a tremendous group of investors in the development of the west side. So -- BEVERLY: How much control went with that? DONALD: Well, I-- I mean, you know, I have partners now. And I have really good partners, but I have partners. |
...you learn alot about loyalty. There were some people that were very loyal to me. There were others, people who weren't. And now they are calling and they're -- excuse the word, and I shouldn't say this on CNN - but they're kissing my ass. I don't take their phone calls. And if I have a chance to do worse than that, I certainly will. BEVERLY: You were hurt? DONALD: Yeah, there were a couple of people that absolutely could have helped me on certain little elements that didn't, where I end up going to war with those people. And they just weren't there, and they should have been. BEVERLY: Do you think about revenge? DONALD: Oh, absolutely.
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Pinnacle 6:30 pm ET © 1994 CNN
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