About two years ago I was at the dining table having a conversation with a brother of mine. Trump was the topic.
Trump's business dealings came to the table.
In his book, The Art of the Deal, Trump wrote how he dealt with his contractors. He would hire contractors to build hotels, etc. for him. But when it came time to pay he would go to court instead. He would look for any frivolous reason to not have to pay his contractors. He would raise the argument that such and such wasn't built to his liking and therefore refused to pay.
The contractors would eventually end up in a legal battle in court with Trump and many would eventually settle for an amount that was far less than what the contract stipulated.
In one incident an electrical contractor had to go to court with Trump and in the end was awarded just enough to pay his employees but no profit was left for the owner.
This, ladies and gentlemen, is the art of the deal, according to Trump. Hire contractors to build things for you and when the project is complete simply refuse to pay them because such and such wasn't built to your liking. Go to court with them and force them to agree to settle for an amount much less than the amount stipulated in the contract. You now have a new building and you pay far less than the going market rate for such a building. In fact, you simply cheat your contractors out of what they rightfully contracted for.
That there is the art of the deal.
Giuliani is just now finding out how Trump does business.
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