that's business by the way
Hell hath no fury like a cheated music store owner — and it looks like this could be just the start of a whole new round of small business owners saying they got ripped off by Donald Trump.
In a guest column in The Washington Post published Wednesday, retired store owner J. Michael Diehl of Freehold Music Center tells the story of how his small New Jersey store got swindled by Trump way back in 1989, on a $100,000 order for pianos at the Taj Mahal casino in Atlantic City.
"I asked my lawyer if I should ask for payment upfront, and he laughed," Diehl wrote. "'It's Donald Trump!' he told me. 'He’s got lots of money.'"
Bad move, it turned out:
When I requested payment, the Trump corporation hemmed and hawed. Its executives avoided my calls and crafted excuses. After a couple of months, I got a letter telling me that the casino was short on funds. They would pay 70 percent of what they owed me. There was no negotiating. I didn’t know what to do — I couldn’t afford to sue the Trump corporation, and I needed money to pay my piano suppliers. So I took the $70,000. [J. Michael Diehl, via The Washington Post]
The loss of $30,000 in revenue seriously damaged Diehl, he wrote, in terms of both his personal salary and the capital to further grow his business: "Because of Trump, my store stagnated for a couple of years. It made me feel really bad, like I’d been taken advantage of. I was embarrassed."
"It's a callous way to do business," Diehl concluded of Trump's wheeling and dealing ways. Read his whole account at The Washington Post.