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struggle4progress

(118,282 posts)
Wed Jun 22, 2016, 11:18 PM Jun 2016

Inside Trump’s Most Valuable Tower

By Zeke Faux and Max Abelson
June 22, 2016

A hedge-fund manager on the 28th floor who pretended to be dead when investors asked for their money reported to prison in January. A few weeks later, an investment adviser on the 17th floor was accused of running a Ponzi-like scheme. Thirteen floors up, a lawyer pleaded guilty this month to stealing millions of dollars from clients.

It was all happening at 40 Wall St., across from the New York Stock Exchange, behind golden capital letters proclaiming that this is THE TRUMP BUILDING.

“Iconic and wonderful,” Donald J. Trump said at a South Carolina town hall event last year, praising the 86-year-old Art Deco tower as one of his great possessions ...

But the 72-story building has housed frauds, thieves, boiler rooms and penny-stock schemers since Trump took it over in 1995 ...


http://www.bloomberg.com/graphics/2016-trump-40-wall-street/

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