All of the People, All the TimeHow Donald Trump Fooled the Media, Used the Media to Fool the Banks to Fool the Bondholders and Used the Bondholders to Pay for the Yachts and Mansions and Mistresses"So, without audits, often without collateral, how did Trump manage to borrow all that money? Well, everyone
knew that Donald Trump was a billionaire, and who wouldn't lend money to a billionaire? Banks are in the business of making loan, and in the overheated eighties, a banker couldn't wait to make a loan to Donald Trump...."
Full Article on Google Books I remember this vividly from over 20 years ago. For anyone who never got the chance to read Spy, it was a NYC satire magazine that occasionally published some good investigative journalism. Especially if it was on their
bete noir, the man they christened a "short-fingered vulgarian." Although opinions differed on its qualities:
Smart. Funny. Fearless. It's pretty safe to say that Spy was the most influential magazine of the 1980s. It might have remade New York's cultural landscape; it definitely changed the whole tone of magazine journalism. It was cruel, brilliant, beautifully written and perfectly designed, and feared by all. There's no magazine I know of that's so continually referenced, held up as a benchmark, and whose demise is so lamented --Dave Eggers
It's a piece of garbage --Donald Trump
The feeling was mutual. As an example of how much Spy hated Trump, they had an annual list of 100 Worst Things of the Year. In one edition,
each of the one hundred items was assigned a factor based on how closely it was related to Trump.