Halloween-themed protesters stand in front of New York Supreme Court, where former President Donald Trump is facing fraud charges, Tuesday, Oct. 31, 2023, in New York. FILE - Donald Trump addresses the Republican Leadership Conference, May 30, 2014, in New Orleans.
is one of the business moves under scrutiny in the trial of a lawsuit brought by New York Attorney General Letitia James. She accuses the ex-president and current Republican 2024 front-runner of deceiving banks, insurers and others by giving them financial statements that massively inflated the values of his assets.
Trump testified in the antitrust case that then-NFL Commissioner Pete Rozelle floated the idea that Trump could own an NFL franchise and urged him not to sue. Trump said Rozelle also unsuccessfully urged him to abandon plans to switch the USFL’s season from spring to fall. The schedule change, which Trump spearheaded, pitted the USFL against the NFL and was widely blamed for the newer league’s demise.
Throughout the sale process, Cohen insisted Trump was serious about his bid and his commitment to keeping the Bills in Buffalo. Cohen disputed reports that Trump didn’t have the financial resources to pull off the deal, claiming his then-boss was worth billions of dollars and pointing to his many properties as proof.
In the early going in May 2014, some Morgan Stanley bankers and an NFL official met to talk about dozens of possible Bills buyers, according to an email shown in court Tuesday. Separately, Cornwell wrote to colleagues in August 2014 that they “still want to keep him around” and said that Trump had asked to be “pre-vetted” privately, so the bank would do so.
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