Donald Trump is threatening to sue The Washington Post
after the newspaper published an article that concluded the Republican presidential front-runner repeatedly played down his "personal role" in the bankruptcy of one of his Atlantic City casinos.
The Taj Mahal, which opened in 1990, filed for bankruptcy a year later and Trump told The Post it was the result of external forces beyond his control — mainly a bad economy.
"I didn't want to have any personal liability, so I used junk bonds. I accept the blame for that, but I would do it again," he told the newspaper. "This was not personal. This was a corporate deal," he said.
"If you write this one, I'm suing you."
In the Post article, titled "Trump's bad bet: How too much debt drove his biggest casino aground," reporter Robert O'Harrow Jr. writes:
"The bad bet on the Taj Mahal continues to haunt Trump … During recent GOP debates, opponents and journalists have repeatedly asked why he should be trusted to manage the country after losing lenders hundreds of millions of dollars.
"Trump responded that he was shrewd for using 'the laws of the country to my benefit' and has distanced himself from the Taj's troubles, saying he never personally declared bankruptcy."
Steven Perskie, former chairman of the Casino Control Commission and a former state Democratic lawmaker, told The Post that Trump "made promises to Atlantic City that he did not keep.
"When I read and hear him say he was beloved in Atlantic City, that was before [the bankruptcy]. He remembers to perceive how he started, not how he was perceived when he left."
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