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America First Audit

He said it in public. These are the documents on what happened next. Browse all records.

Why these cases

Trump sold “America First.” This record traces how public money, power, and risk moved toward family businesses, donors, favored firms, and foreign governments: and what workers, ranchers, retirees, patients, veterans, and small investors were left to absorb.

Said vs. done

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Case 25 of 254

Taj Mahal debt restructuring

Actions
documentedTrump Taj Mahal Associates filed for Chapter 11 protection under a negotiated restructuring plan.U.S. Bankruptcy Court for the District of New Jersey via CaseMineThe Washington PostThe New York Times via U.S. House Judiciary Committee recordRead record · 3 sources
People and impacts
Who paid or was affected
documentedBondholders exchanged debt for ownership while the casino continued operating.Open cited record
  • Taj Mahal bondholders
  • Trump Taj Mahal Associates
Promise and assessment
The promise
documentedTrump said corporate bankruptcy law had produced advantageous outcomes for his companies, himself, employees, and family.The American Presidency ProjectRead record · 1 source

Promise partly kept

The restructuring contradicted the launch's financial-success promise. The casino kept operating and Trump retained an ownership interest.

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