Trump owed millions to the 253 contractors who built the Taj Mahal.
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The contractor who provided the onion domes for the Taj Mahal casino had to eat $2 million in losses.A quarter of a century has passed since Donald Trump refused to pay in full 253 contractors who helped build his Taj in Atlantic City.A year later, when the casino collapsed into bankruptcy, those owed the most got only 33 cents in cash for each dollar owed, with promises of another 50 cents later.Trump spokeswoman Hope Hicks and Trump attorney Alan Garten did not respond to a list of questions about the candidate's Taj dealings.Marty Rosenberg, former vice president of Atlantic Plate Glass, says the way Trump handled the contractors shows the candidate is shrewd and clever, but Trump won't get his vote.Documents filed with regulators suggest Trump gave Paone about a third of what he was owed over the next year.When the casino emerged from Chapter 11, Trump got a contract to manage it.Morrison's Molded Fiber Glass joined with 47 others in a negotiated settlement with Trump for cash equal to 33 cents of each dollar owed, plus 50 cents in convertible bonds, according to a book by Morrison published in 1994 .
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