Donald Trump on Bernard Madoff, the “Depression”, and Banks

Donald Trump on Bernard Madoff, the “Depression”, and Banks

Posted by Jack - 29/03/09 at 06:03 pm

Entertaining interview with Donald Trump from the New Socialist Times:

NYT: I hear you are personally acquainted with Bernie Madoff, who visited your country club in Palm Beach.

TRUMP: I met Madoff a number of times at Mar-a-Lago. He loved golf, and I’d also see him at my golf club, which is nearby. One time he said to me, “Why don’t you invest with me?” I said jokingly, “No thanks, I can lose my own money.”

NYT: What do you think will happen to Ruth Madoff?
TRUMP: The wife should be put in jail on the other side of the hallway from him. I think she’s guilty, his sons are guilty, and I think that many of the people in the firm are guilty. He had 16,000 clients, and he’s one man. What, he’s going to send out every envelope every week?

NYT: How is the real estate business doing?
TRUMP: My real estate is doing great. Because most of my jobs were finished prior to the depression, as I affectionately call it.

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