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~ Shmalpha ~
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For a fan, you don’t know much. Read a few articles.False. He received 1mill, not 400.
For example:
For instance, Fred Trump — along with the Hyatt hotel chain — jointly guaranteed the $70 million construction loan from Manufacturers Hanover bank, “each assuming a 50 percent share of the obligation and each committing itself to complete the project should Donald be unable to finish it,” according to veteran Trump chronicler Wayne Barrett in his 1992 book, “Trump: The Deals and the Downfall.”
https://www.washingtonpost.com/poli...his-son/?noredirect=on&utm_term=.a818046c2278