What a Surprise?
It was documented during the campaign how Trump Sr. had to
sign all sorts of consent agreements in his real estate dealings to agree to
stop effusing to rent to African Americans.
Now the New
York Times reports how a business his son Donnie Jr. started will have to
pay millions to clean up an environmental mess.
The decision is a rebuke of the Trump
Organization and could result in millions of dollars in added costs for the
company. It followed a refusal by the organization to provide regulators with
required information about business and financial relationships between the
president and his son Donald
Trump Jr.
Of course like many Trump deals, when things went south, no
pun intended, they tried to wriggle out of it and get the government to pick up
the tab.
In 2014, Donald J. Trump, while he
was still running the Trump Organization, bailed out his son, who was then
facing payment of a $3.65 million bank loan to Titan Atlas. The elder Mr. Trump
created an entity called D B Pace, which took over the loan and the six-acre
Titan Atlas site.
Last year, D B Pace applied to take
part in a state program that would limit the company’s liabilities for
pollution on the property, like chemical contamination of groundwater.
To qualify
for such protection, however, the buyer of a contaminated property must not be
affiliated with a former owner or have had earlier involvement with the site.
The safeguard is in place to prevent polluters from evading their legal
responsibilities.
And like a lot of Trump deals, they kinda lied about things.
A Trump Organization
lawyer, Michael Cohen, stated in D B Pace’s application that it met that
standard because it had no ties to Titan Atlas and had never been involved in
the management of the North Charleston
property.
But in December, an
article in The New York Times reported that filings in a lawsuit by a
former tenant showed that Donald Trump Jr. and Mr. Cohen had managed the Titan
Atlas property for two years before D B Pace applied to the state’s program.
Last month, the South Carolina Health and Environmental Control Department sent
a letter to Mr. Cohen, demanding information about all familial, corporate and
financial relationships between the principals of D B Pace and Titan Atlas.
And incredibly, in this case they didn’t get away with it.
But in December, an
article in The New York Times reported that filings in a lawsuit by a
former tenant showed that Donald Trump Jr. and Mr. Cohen had managed the Titan
Atlas property for two years before D B Pace applied to the state’s program.
Last month, the South Carolina Health and Environmental Control Department sent
a letter to Mr. Cohen, demanding information about all familial, corporate and
financial relationships between the principals of D B Pace and Titan Atlas.
And it looks like in the process they will lose yet again in
a lawsuit.
D B Pace has taken the
position in a $4.5 million lawsuit brought by a former tenant at the Titan
Atlas warehouse that Donald Trump Jr. had nothing to do with the building’s
management. However, court papers show that the younger Mr. Trump and Mr.
Cohen, the lawyer, repeatedly rejected requests from the tenant to fix the
building’s leaky roof unless the tenant extended its lease.
Yep, remember when Mitt Romney told the nation Trump was not
a successful businessperson. Well Mitt
was right and all those voters fooled by Trump were wrong.
No comments:
Post a Comment