Happier Times
Here are Donald and Fred Trump’s photos with the New York City Mayor Ed Koch in July 1982. They were so happy at the time the photo was taken but soon afterward Trump’s casino projects would be unsuccessful. While he was trying to buy new properties, he saw bad financial performances, which forced him to sell his airline, Trump Shuttle. He also improves his debt by selling his mega-yacht called Trump Princess. All of his casino properties went through bankruptcy restructuring in 2004 and 2009.
Happier Times
Football Fan
Trump had more failed attempts in New Jersey aside from the Atlantic City casinos. He employed Walt Michaels as the Leading Coach for Trump’s the United States Football League Team, the New Jersey Generals. He bought the team in 1983 with the wish that they would transform the league into a professional contender. Unfortunately, he made an error that ruined this completely. While many teams were losing money, Trump was hoping to change the team’s schedule from spring/summer to fall/winter so it would compete with the NFL. An antitrust lawsuit was filed by the USFL against the NFL and was awarded only $1. At that time, teams could not keep up with the costs of running their organizations or compete with the NFL’s schedule, so the league was broken.
Football Fan
