Page 38 - Kurt Eichenwald News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Smart, those were the years where he lost $400,000 and $1.3 million. it wasn't because he was smart. it's because he mismanaged his rental properties in manhattan. he mismanaged three other partnerships. he failed to -- he borrowed $38 million that he couldn't pay the interest on. that's not smart. that's ignorant. >> and kurt, you report that when he went into the manhattan a real estate business, he actually had trouble renting the units. and this was something that his father had always feared. it's why his father never wanted to go into the manhattan real estate business. >> right. he had ...

It's because he mismanaged his rental properties in manhattan. he mismanaged three other partnerships. he failed to -- he borrowed $38 million that he couldn't pay the interest on. that's not smart. that's ignorant. >> and kurt, you report that when he went into the manhattan a real estate business, he actually had trouble renting the units. and this was something that his father had always feared. it's why his father never wanted to go into the manhattan real estate business. >> right. he had to actually pay out of pocket his own cash to keep the buildings operating. because he wasn't able to...

The failure he so richly deserved from mismanaging his businesses. >> and kurt, quickly, before we go. there was such an interesting moment in the first debate, because donald trump's line has always been i borrowed a million from my father and i paid it off completely with interest. and that's his whole story. a million loan. he paid it off completely with interest. hillary clinton used a much bigger number in the debate. i think it might have been $14 million. >> 14 million. >> much bigger. and donald trump didn't contest it at all. he must have figured that she's got the research that has n...

Need to be to put this together given the way the rest of the map looks. but he won't go to either of those places on a diligent basis. hean't really go to ohio because, you know, that's a state that the governor and the state party have a lot of reservations about trump. they're worried about losing portman. they're worried about having down ballot damage from him, which he seems to be causing in a lot of places. >> okay. we're going to leave it there. rick wilson, thanks very much for joining us. >> thanks, lawrence. >> thank you, lawrence. coming up next, donald trump's accountant will jo...

Used to get money to donald trump because of his father. i mean, you're going up into 60, $70 million. it's money he could not have gotten on his own. >> kurt eichenwald, another great report. thanks very much for joining us. and david cay johnston, thank you for joining us. i really appreciate it. coming up, mara teresa kumar will rejoin us to deal with this. >> senator, you whipped out that mexican thing again. and we are watching hurricane michael as it heads towards florida. the national hurricane center will have an updated forecast at 11:00 p.m. brian williams will have that live at ...