this is a person who was at his side in many, many situations. we ll see what allen weisselberg testifies to before the grand jury. he is so close to trump. you know, he comes out of his casino empire. been his accountant many years, worked for his father. he knows where all the bodies are buried. he s even along with trump s sons, a trustee of the business while trump is president. so talking about what he knows, and he will be compelled to do so before the grand jury, to a certain extent. this could get an awful lot messier for the trump family. thank you both. guarantee i ll speak with you both again. thanks. thanks, guys. rules for beating president trump up. why trump opponents should stop obsessing over that trump tower meeting. ahead on a.m. joy why claire
about his true wealth and his true success as a deal maker. joining us is tim o bryan and author of trump nation. he s not, we should say right up front, one of donald trump s favorite authors. you were sued by trump. that was eventually finally dismissed and lost on appeal, correct? yeah, got dismissed. okay. first of all, the fact, what do you make of donald trump saying he had a rough road the whole way, started off with a small loan, $1 million from his dad? it s all very silly. donald was born on third base and pretends he hit a triple. the reality is he inherited about $125 million. really? yeah, from his dad afte his father passed away the family sold off the real estate empire and at least $125 million. he had a trust fund his father set up for him when he was a young man. you told me once of a case where his dad bought a bunch of chips at a casino. correct, in the early 90s when the casino empire was in trouble and having trouble making debt payments in 1990, fre
sold off the real estate empire and at least $125 million. he had a trust fund his father set up for him when he was a young man. you told me once of a case where his dad bought a bunch of chips at a casino. correct, in the early 90s when the casino empire was in trouble and having trouble making debt payments in 1990, fred appeared at the trump castle and bought about more than $3 million worth of chips and so donald had the cash to meet debt payments. he certainly got more than $1 million from his father he benefitted as a young developer. his father was deeply tied into the manhattan political machine. the democratic machine. and through those relationships, the trump family got enormous tax abatements on projects they built when he redeveloped the grand hyatt, he got $111 million
times, no other u.s. company has filed for chapter 11 bankruptcy more than trump s casino empire. he s facing two lawsuits over the defunct university and been sued by more than 300 people after a series of buildings with his name on it were never built in florida. so trump has his own business failures. is this line of attack dangerous for him? i think that it s a real stretch. first of all, for ben to bring up that carly fiorina would be in the hall of fame if they had one for business. that right out of the gate is a real stretch. number two, there are very different businesses how is that a stretch? hold on. how is that a stretch? if you start as a secretary and you end up as a ceo, how is that hall of fame? it is just because he s the ceo of a company doesn t mean she makes the hall of fame.
certain ideological views. reporter: while accustomed to holding political court he s been spending time in a court of law, making a rare appearance in a case brought by a former top executive at his casino empire, a case that raises questions about the sources of adelson s much sought after fortune. stephen jacobs ran his ambitious casino venture off the coast of china. when that business exploded and made adelson one of the wealthiest men in the world. jacobs said in a deposition he was fired from his job after he objected to what he called the casino s illicit business practices. i did report the activities of some of the specific allegations where sheldon adelson was personally involved in wrong doing illegal and/or immoral activities? you bet. reporter: he claims they included rampant prostitution and loan sharking, potential money laundering and involvement with chinese gangs known as triads, who allegedly brought in