General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy Trump didn't run in 2012
Apparently a MUCH larger rug was needed to sweep all this under.
Time to review what was going on then-
With lawsuits pending and shady partners, Trumps business empire could not withstand the scrutiny of a presidential campaign, and even his kids might have been muddied.
Wayne Barrett
05.26.11 3:29 PM ET
Editor's Note, 8/10/15: Four years ago, Wayne Barett reported shady business deals ahead of Trump's flirtation with a White House run. After first exposing Trumps ties to organized crime in his 1992 book, Barrett looked into his most recent business dealings and discovered the following:
One associate who was an "unindicted co-conspirator" in a massive 2000 stock swindleand escaped prison only by helping to convict 19 others, including six members of New York crime families
Two associates who served prison time on cocaine charges
Another partner prosecuted for trafficking underage girls after a dramatic helicopter raid on a yacht off the Turkish coast
A pending lawsuit against Trump Soho that alleges daughter Ivanka, among others, made fraudulent misrepresentations
I had no idea I would get hammered in the way Ive been hammered, Donald Trump declared in New Hampshire on May 11, five days before he dropped out of a presidential race he never formally entered.
Trump knew when he went to New Hampshire that he was about to be hammered again, this time on the front page of The New York Times, which, two days later, reported that hundreds of buyers at condo projects that bear his name were suing him. Trump then went on CNBCin what turned out to be his last presidential TV interviewand blasted the author of the Times piece, Michael Barbaro, as well as NBCs investigative chief, Michael Isikoff, and even one of the shows hosts, Simon Hobbs. Two weeks earlier, Trump had been roasted by the president at the White House Correspondents' Dinner, and now, anyone with a question to ask looked at him as if he had barbecue fork in hand.
Tons more-
http://www.thedailybeast.com/articles/2011/05/26/inside-donald-trumps-empire-why-he-wont-run-for-president.html
JI7
(89,244 posts)and isn't the alleged tape putin has from 2013 ?
LunaSea
(2,892 posts)From the Barrett article Saters' name comes up in a Trump deposition in 2007
Two days before Trumps 2007 deposition in the OBrien case, however, The New York Times broke a story about a top Bayrock executive, Felix Sater (aka Satter). Sater had gone to prison for plunging the stem of a wine glass into a commodity brokers face in a bar fight. Hed also narrowly averted jail a second time, when he was named an unindicted co-conspirator in a massive federal fraud case in 2000. Sater cooperated in this probe of a $40 million stock swindle, which resulted in 19 guilty pleas and the conviction of six mobsters including the nephew of Carmine the Snake Persico and the brother-in-law of Sammy the Bull Gravano. The wise guys were part of a pump and dump stock scam at the Wall Street firm, White Rock Partners, that Sater ran with Sal Lauria.
Sater, the son of a reputed Russian mob boss, whose ministorage locker contained two unlicensed pistols and a shotgun, actually worked out of a penthouse office in Trumps new building at 40 Wall Street. Lauria, who pled guilty to a racketeering charge in the pump-and-dump case, later claimed in a memoir he published that hed been on talking terms with Trump.
What kind of interaction did you have with Mr. Sater, Trump was asked in the OBrien deposition back in 2007.
Not that much, he replied. I dealt mostly with Tevfik.
Trump was referring to Tevfik Arif, the founder and chairman of Bayrock, whod told the Real Estate News shortly before Trumps deposition that Donald " has been very helpful to us from the beginning and he's been very helpful in opening some doors." In his deposition, Trump praised Arifs international connections, and detailed half a dozen phenomenal prospective tower deals with Arif, including ones in Moscow, Yalta, Warsaw, Istanbul, and Kiev.
JI7
(89,244 posts)underpants
(182,736 posts)That would be my guess
LunaSea
(2,892 posts)Born in the Soviet Union in 1966, Felix H. Sater immigrated with his family to Brighton Beach when he was 8 years old. At 24 he was a successful Wall Street broker, at 27 he was in prison after a bloody bar fight, and at 32 he was accused of conspiring with the Mafia to launder money and defraud investors.
Along the way he became embroiled in a plan to buy antiaircraft missiles on the black market for the Central Intelligence Agency in either Russia or Afghanistan, depending on which of his former associates is telling the story.
But in recent years Mr. Sater has resurfaced with a slightly different name and a new business card identifying him as a real estate executive based on Fifth Avenue. And although he may not be a household name, one of the people he is doing business with is: Donald J. Trump.
Mr. Sater who now goes by the name Satter has been jetting to Denver, Phoenix, Fort Lauderdale, Fla., and elsewhere since 2003, promoting potential projects in partnership with Mr. Trump and others. In New York, the company Mr. Sater works for, Bayrock Group, is a partner in the Trump SoHo, a sleek, 46-story glass tower condominium hotel under construction on a newly fashionable section of Spring Street.
But much remains unknown about Mr. Sater, 41, and determining the truth about his past is a bit like unraveling the plot of a spy novel: Almost every character tells a different tale.
more-
http://www.nytimes.com/2007/12/17/nyregion/17trump.html
underpants
(182,736 posts)I'd have to research a bit but I do remember reading something about Russians using real estate purchases as a means of moving money into the US or hiding it or cleansing it.