Discussion on Business Deal and Bankruptcy
You write in your book, "My bankers and I worked out a terrific
deal that allows me to come out stronger than ever.
I see the deal as a great victory, and eventually, the rest of the world will
too."
Being on the verge of bankruptcy, being bailed out by the banks-
Well, you don't have to say on the verge of
bankruptcy
... what, skating on thin ice-
Yeah
... and almost drowning, that is a, that's a businessman to be
admired?
Uh, you say on the verge of bankruptcy, Barbara, and you talk on the verge,
and you
listen to what people are saying-
I talked to your bankers.
Well, that's fine. And what did they say?
I mean, you know, depending on which banker you're talking to,
what did they say?
Except the only way you even have a chance is by selling that property out there,
totally, the Plaza.
Well, I, I don't know what the bankers have said.
The Plaza's a very valuable property. Everybody told me, "Oh, you paid too much.
You paid too much." Now they're all saying, "What a great deal he made on the
Plaza."
End of transcript · 192 words