How Donald Trump Narrowly Escaped Financial Ruin

The Leonard Lopate Show | Jan 8, 2016

Wall Street Journal news editor Peter Grant and reporter Alexandra Berzon talk about their article “Trump and His Debts: A Narrow Escape,” which investigates the deep financial troubles that plagued Trump's career during the 1990s. Trump and his various companies amassed $3.4 billion in debt, and he had to take drastic measures to stay afloat. Grant and Berzon reveal how he cut deals with banks and plundered his Atlantic City casinos for cash to survive his own financial crisis.

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