When Donald Trump was head of The Trump Organization in 1990 and the company faced a $5billion debt, 'The survival of the company was made possible only by a bailout pact agreed upon in August of that same year by some 70 banks, allowing Trump to defer on nearly $1 billion in debt, as well as to take out second and third mortgages on almost all of his properties,' the book excerpt argued. Fighting words: Brand also linked to a second article which slammed Trump on several fronts
