Inside the president's feud with Tom Barrack
Tom Barrack and Donald Trump have been friends and confidants for more than three decades — the two men are so close, for instance, that Barrack comforted Trump during the funeral of his father, Fred.
Barrack and Trump have known each other since the late 1980s, when Barrack, now CEO and executive chairman of the real estate and private equity firm Colony Capital, helped sell him the Plaza Hotel in New York for almost $410 million, a property that creditors later seized after Trump couldn’t make the full debt payments.
But that advice has not always been stellar. According to the Mueller report, Barrack recommended that Trump hire his old friend Paul Manafort, who was initially brought onto the campaign to smooth Trump’s path at the Republican convention. Manafort went on to assume a larger role in the campaign after the firing of Corey Lewandowski, only to be ousted himself amid media scrutiny of his business dealings in Ukraine -- and later to be indicted for those activities.
“Trump improbably wins and they’re like, ‘Holy crap, I better send a check.’ They send a check to the inauguration and are like, ‘Look at me, six- or seven-figure check, I’m involved, I support your presidency,’” this person said. “But you didn’t support his candidacy three days ago.”
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