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The story is from 1987 but it was just published by The Australian, a newspaper that belongs to some guy named Rupert Murdoch. This type of article coming from a well-known conservative media mogul when combined with all of the CEOs quitting Trump's "advisory" panels, just might be the beginning of the end for the Trumpster.
I'm sure you all remember that Trump's Atlantic City casinos were all bankrupt by 1992.TRUMP'S ALLEGED "MAFIA CONNECTIONS" LOST HIM A BID TO BUILD SYDNEY'S FIRST CASINO
Australian authorities once rejected Donald Trump’s bid for a hotel casino in Queensland, stating such a project would be “dangerous” on account of “Trump Mafia connections,” it has emerged. Cabinet minutes and a secret police report dated 1987 and published Wednesday as part of an investigation by the News Corporation-owned newspaper The Australian cast a dark shadow over Trump’s business reputation.
The Kern/Trump bid was one of four under consideration, and one of three that was rejected following a Police Board investigation into all the bidders for the project, which was later abandoned.
“The board is firmly of the view that on tests of sound repute, probity and integrity, none of the three consortia discussed above (HKMS, Kern/Trump, Federal/Resort/Sabemo) can be considered acceptable; indeed each would be dangerous,” the Police Board found, according to a confidential New South Wales cabinet assessment obtained by The Australian.
“Atlantic City would be a dubious model for Sydney and in our judgement. The Trump Mafia connections should exclude the Kern/Trump consortium,” the document also stated.
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Also quoted in the cabinet minutes, a report by the Canadian Imperial Bank of Commerce also found that the Kern/Trump bid was only financially viable from a projected financial structure, but overestimated the projected casino revenue and the expected returns to equity investors.