“I had great timing … I took, you know, a lot of money out of Atlantic City, which is what I’m supposed to do. I’m a business person” — Donald Trump
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In this quote, Donald Trump is defending his decision to withdraw significant personal investments from his Atlantic City casino businesses prior to their bankruptcies. Some key points in interpreting his perspective:
- He portrays his actions as good “timing” and what any “business person” should do in protecting their own financial interests.
- However, Trump’s earlier involvement also helped create the conditions for those companies, so a balanced view is both successes and failures are part of long-term business ownership.
- Withdrawing major assets likely made the bankruptcies more disruptive to employees and communities.
- While legally protecting oneself is understandable, some may feel a greater obligation to see projects through in difficult times.
Overall, the quote reflects Trump’s view that he made prudent financial moves, but a balanced interpretation recognizes both this perspective and that reasonable people can disagree on where to draw the line between prioritizing personal wealth versus broader stakeholder interests in times of business distress. Multiple factors influenced the outcomes in Atlantic City beyond any single event or decision.