Interesting, really, that this comes only a day after the big article about his how he made money--or didn't make money--back in the late '80s. He used to float rumors that he owned big stakes in certain companies, and was planning a takeover. The stock would rise, and he'd sell into the spike.
The new information also suggests that Mr. Trump’s 1990 collapse might have struck several years earlier if not for his brief side career posing as a corporate raider. From 1986 through 1988, while his core businesses languished under increasingly unsupportable debt, Mr. Trump made millions of dollars in the stock market by suggesting that he was about to take over companies. But the figures show that he lost most, if not all, of those gains after investors stopped taking his takeover talk seriously.
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