• The union that represented Eastern Airlines employees fought the sale of the Northeast Shuttle to Trump because they believed it would precipitate the downfall of Eastern Airlines. • In 1990, Trump missed a $1.1 million loan payment on the shuttle and asked bankers to defer $245 million of future loan payments. • In 1992, Trump defaulted on his loans and the Trump Shuttle was turned over to creditors. In 1990, Marvin Roffman, a securities analyst, published an unfavorable analysis of Trump’s Taj Mahal Casino for which Trump demanded he be fired. Roffman later filed a $2 million defamation lawsuit against Trump for allegedly prompting his job loss. Trump’s financial troubles prompted Forbes Magazine to remove him from its “Forbes 400” List in 1990. The same year Trump separated from Ivana amidst reports of an affair with former beauty queen Maria Maples. After two years of rancorous litigation and tabloid intrigue, Donald and Ivana finalized their divorce with Ivana reportedly receiving $20 million in the divorce settlement. In 1991, the Taj Mahal Casino filed for Chapter 11 bankruptcy. This is the first of Trump’s corporate bankruptcies. Trump was $50 million behind in contract obligations and laid off 500 casino employees before filing for bankruptcy. It emerged on October 5, 1991 after Trump ceded 50 percent of ownership to bondholders. On March 9, 1992, The Trump Castle and The Trump Plaza filed for bankruptcy, but were able to avoid a lengthy and costly endeavor in a bankruptcy court through a “pre-packaged” debt restructuring deal that was approved by the court and a majority of the casino’s bondholders. This was the second of Trump’s corporate bankruptcies. On October 13, 1993, Trump and Marla Maples had their first daughter Tiffany, Trump’s second daughter and fourth child. Three months later Trump married Marla on December 20, 1993. • Only four years later, in 1997, Trump filed for divorce from Marla. They were officially divorced in 1999. In 1995, Trump formed Trump Hotels & Casino Resorts, Inc. and took it public. Trump converted the residence at Mar-a-Lago into the Mar-a-Lago Club, a social club with $100,000 membership fees. Trump also purchased 40 Wall Street in 1995, which he renamed “The Trump Building.” Between 1996 and 1997, Trump bought the Miss Universe Organization and opened the Trump International Hotel and Tower at One Central Park West. In 1999, Trump began construction the 90-story Trump World Tower next to the United Nations and won a lawsuit in 2000 that was filed by the tower’s neighbors over potential lost property values due to obscured views and sightlines. • The building was completed in 2001 and named the Trump World Tower. Confidential Page 55