Joe Nocera, Columnist

Trump Wins by Losing a Court Fight Over Debt

He bought a golf club in 2012. Members sued him. They prevailed. So did he.

February 1, 2017 at 5:37 PM EST

Joe Nocera is a former Bloomberg Opinion columnist. He has written business columns for Esquire, GQ and the New York Times, and is the former editorial director of Fortune. He is the host and writer of the Bloomberg-Wondery podcast "The Shrink Next Door."

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"I'm the king of debt. I'm great with debt. Nobody knows debt better than me."

Remember when then-candidate Donald Trump made that boast? (In case you don't, it was June of last year, during an interview with Norah O'Donnell of CBS News.) On Wednesday, a court ruling was issued that offers an illuminating case study of just how our new president deals with debt.

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