meta_pixel
Tapesearch Logo
Log in
Slate Books

Money Talks: How Did Trump Scam America? Lots of Luck.

Slate Books

Slate Podcasts

Arts

3.8546 Ratings

🗓️ 22 October 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

In a very special election season Money Talks: Trump was never that good at business. How did he fake it till he made it? New York Times reporters Russ Buettner and Susanne Craig explain in their book Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success. They speak with host Emily Peck to discuss Trump’s early business missteps, the right-place-right-time happenstances that made him a reality star, and whether or not he might actually have talent…if only for deception and scams.  Podcast production by Jared Downing and Cheyna Roth. Want more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to Money Talks, a podcast episode from Slate Money, where we chat with

0:15.2

brilliant and interesting people. I'm Emily Peck of Axios, and I'm co-host of Slate Money,

0:20.3

and today we have guests here who have busted one of the biggest financial myths I think is out there, which is that Donald Trump is a genius businessman.

0:30.5

We're talking with Pulitzer Prize winning New York Times investigative reporters Suzanne Craig and Russ Boutner, who published Lucky Loser,

0:38.0

how Donald Trump squandered his father's fortune and created the illusion of success.

0:43.4

Suzanne and Russ, welcome to Money Talks and congratulations on the book.

0:47.1

Thank you, Emily.

0:47.9

Thank you, Emily.

0:48.5

Okay, so you both have spent, I think, a decade, the last decade looking into the former president's finances. You famously got a

0:57.6

hold of his tax returns. You looked at his father, Fred Trump's financial documents. You've interviewed

1:03.1

hundreds of people. In running for president, Trump said he was an amazing businessman. He could

1:08.0

do for the U.S. what he'd done for himself in business. So what did

1:12.3

you find? Was Trump an amazing businessman? Is that in any way accurate? I mean, he's amazing

1:18.8

at some aspects of it. He's a great self-promoter. I think he's that everyone would guess.

1:23.1

He showed some competency as like a construction manager at times, overseeing jobs, although

1:28.6

he seemed to have a hard time in the projects we could see at keeping things on cost.

1:33.3

But the biggest problem was around 1985, he just took on this belief that he could do

1:38.4

anything he wanted to.

1:40.0

He had had three projects that he worked on with more experienced partners in big companies.

1:45.7

And then he just decided, well, that works.

1:47.9

Now I don't need partners.

1:49.0

And now I can do anything.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Slate Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Slate Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.