“The famous contractors and subcontractors he didn’t pay, but he never suffered at all,” noted legal analyst Jeffrey Toobin.
Former White House Press Secretary Joe Lockhart lit into President Donald Trump on Wednesday morning after The New York Times reported the real estate mogul said Trump had financial losses of more than $1 billion between 1985 and 1994.
“A con man is someone who goes out of his way to take advantage of other people,” Lockhart continued, “and to lie to them and misrepresent his assets.” “He kept living like the billionaire he pretended to be,” Toobin said. “Why didn’t he feel any of the pain of losing this money? Why is it other people who had to sacrifice?” he asked. “The famous contractors and subcontractors he didn’t pay, but he never suffered at all.”
The president has dismissed the report as “highly inaccurate Fake News.” He tweeted about the article on Wednesday morning, arguing that the massive losses were normal for real estate developers during the 1980s and 1990s.
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