Trump Hotels & Casino Resorts buys notes from Trump: Audit finding

Reporting and findings

1. documented

   The transaction transferred value from the public company to Trump in exchange for the notes; the filing does not itself establish unfair valuation.

   • U.S. Securities and Exchange Commission: Trump Hotels & Casino Resorts 1996 Form 10-KBusiness, acquisitions, debt, compensation, and related-party sections
   • U.S. Securities and Exchange Commission: Trump Hotels & Casino Resorts 2002 Form 10-KRelated-party transactions, notes, fees, and Riviera sections
   • The New York Times via U.S. House Judiciary Committee record: How Donald Trump Bankrupted His Atlantic City Casinos, but Still Earned MillionsRelated-party note purchase discussion