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Trump Asks Lenders to Trust Each Other

NEW YORK CITY-At the Real Estate Lenders Association breakfast, Donald Trump regaled the crowd with his view of the market and a request for them to get along.

By Ryan Clark | Updated on September 21, 2010

NEW YORK CITY-“You don’t trust each other,” remarked Donald J. Trump, to the roughly 160 head audience at the Real Estate Lenders Association breakfast. He noted that it was nearly impossible to get lending for big buildings and that “none of you are getting along” as a result of some deals that went south during the recession.

The breakfast was held at the Yale Club on the 20th floor of 50 Vanderbilt Ave., overlooking Grand Central Station. The lush backdrop of midtown’s skyscrapers suited the chairman and CEO of the Trump Organization well, although he noted that he was more confident facing some of the lenders today, regardless of the economy’s woes.

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