The Real Deal’s Amir Korangy on Trump: he’s a “master at restructuring”
April 19, 2011 02:39PM
The Real Deal’s Publisher Amir Korangy appeared on CNN’s “In the Arena” last night to discuss Donald Trump’s personal finances alongside show host Eliot Spitzer and Floyd Norris of the New York Times. Korangy says in the segment (see a portion of it above) that although Trump’s casinos were entering bankruptcy for a third time, the developer is “a master at restructuring” and noted that he’s eliminated $1.2 billion of debts in previous restructures. Korangy estimates Trump’s worth to be $2 billion.