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Not long ago, Donald Trump set a $1 billion fundraising goal for his presidential battle against Hillary Clinton.Six months after the Taj opened in April 1990, it was in default, and nine months after that it went bankrupt, followed by two other Trump casinos.Atlantic City never quite recovered, but Trump came out fine.Now Trump is doing to the Republican Party what he did to Atlantic City.Trump did well at first, winning control of the Taj – much as he won the primaries – with what one regulator called a blend of "hyperbole, contradictions and generalities," making grand promises that his name alone guaranteed success.But once he gained full ownership of the Taj, he quickly failed in his vow to secure prime lending, just as he quickly abandoned his fundraising goals after locking down the nomination. Then, as now, he made sure the Taj generated money for other Trump businesses. Trump expanded the Taj into the biggest, costliest casino ever built at the time.
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