Better than anyone · 2016 campaign · № 14
Nobody knows banking better than he does
“Nobody knows banking better than I do”
- Said
- , NBC Today town hall
- Subject
- banking and Wall Street
- Topic
- Economy & prices
- Era
- 2016 campaign
What the record showed
At the same town hall, asked about his claim to know Wall Street bankers better than anyone, he answered, "Better than anyone." After the election he filled his top economic posts with Goldman Sachs veterans (Mnuchin at Treasury, Cohn at the NEC, Bannon as senior adviser); Goldman's stock rose 33 percent after his victory. His own casino and hotel companies went through six Chapter 11 bankruptcies between 1991 and 2009, and he avoided personal bankruptcy in the 1990s with about $90 million from Hong Kong investors.