Trump filed a lawsuit of his own after the first "Buyer" lawsuit. Trump filed it against Irongate, This means one of two things. Either Trump is trying to lessen his Liability or Irongate was the culprit and Trump didnt follow up. The Courts will decide who has the greatest fault and apportion the damages. I have no doubt that certain "favored" people got in for no money down,however, Trump was not collecting the money as this is the responsibilty of the developer. So we do not know if the favored treatment was because of developer or if Trump recommended it. From soem of the comments it is obviuos that people dont understand it. Madoff conducted a Ponzi scheme in which early investors were paid off by later investors. This is not the case here.The only question is whether Trump was naive to a certain extent or how much he tolerated the actions of irongate. It would be simple to check on the status of the various permits etc so why wasnt it done by both the investors and Trump? I would think that the Investors werent that bright or they would have checked up on it before giving large sums of money.

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