Name one builder? How long have you had your head in the sand? (Or some other humid region)
https://www.northjersey.com/story/news/columnists/mike-kelly/2020/01/24/donald-trump-still-owes-money-to-contractors-who-built-taj-mahal-atlantic-city/4547037002/Steve Jenkins says he does not plan to show up at President Donald Trump’s rally next week in Wildwood.
But if he made the trek from his home in West Chester, Pennsylvania, Jenkins would bring a bill — for the tens of thousands of dollars he says Trump still owes him.
Of all the troubling accusations that have followed Trump into the White House, there is little talk these days of the trail of unpaid bills he left behind from his days as an Atlantic City casino mogul.
But for the carpenters, electricians, plumbers, window installers and other contractors who built Trump’s Taj Mahal casino in Atlantic City three decades ago, the wounds from not being paid still fester.
“It’s terrible,” said Jenkins, who runs Triad Building Specialties. “I can’t stand Trump. I think he’s nothing but a Disallowed salesman.”
What Trump didn't say was that he financed the Taj with junk bonds. And what he did not tell the scores of contractors who worked on the overly lavish casino was that he could not pay their bills.
Triad Building Specialties ended up taking out a $40,000 loan just to pay its suppliers. And then the firm needed another decade just to pay off the loan. In the end, Triad received only 40 cents on the dollar from Trump for its work on the Taj, said Jenkins, now 49 and the firm’s co-owner.
