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Trump’s longtime funding lenders during the Donaldson, Lufkin and Jenrette had supported out of a great deal that have Trump to shop for the organization soon before the bankruptcy is actually recorded. Trump, whom walked down since the chief executive however, stayed president of one’s board, agreed to purchase 55 million out of his own cash in the new team, possibly 1st cash money. The guy nevertheless gotten dos million a-year under a great “services agreement,” including the usage of his label. “It’s the equivalent of providing large incentives to your executives best before you file for bankruptcy.”
