C M Y K Nxxx,2020-10-10,A,001,Bs-4C,E1

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VOL. CLXX . ...No. 58,842 © 2020 Company NEW YORK, SATURDAY, OCTOBER 10, 2020 $3.00 LOW ON CASH IN ’16, TRUMP GENERATED HIS OWN WINDFALL Tax Records Reveal How Hotel Funneled $21 Million via His Companies

This article is by Susanne Craig, nounced his 2016 presidential . Mike McIntire and Russ Buettner. The new findings, part of The Donald J. Trump needed money. Times’s continuing investigation, His “self-funded” presidential cast light on Mr. Trump’s financial campaign was short on funds, and maneuverings in that time of fis- he was struggling to win over cal turmoil and unlikely political leery Republican donors. His golf victory. Indeed, they may offer a courses and the hotel he would hint to one of the enduring mys- soon open in the Old Post Office in teries of his campaign: In its wan- Washington were eating away at ing days, as his own giving had what cash he had left on hand, his slowed to a trickle, Mr. Trump con- tax records show. tributed $10 million, leaving many And in early 2016, Deutsche people wondering where the burst Bank, the last big lender still do- of cash had come from. ing business with him, unexpect- The tax records, by their na- edly turned down his request for a ture, do not specify whether the loan. The funds, Mr. Trump had more than $21 million in payments told his bankers, would help shore from the Trump-Ruffin hotel up his Turnberry golf resort in helped prop up Mr. Trump’s cam- Scotland. Some bankers feared paign, his businesses or both. But LUKE SHARRETT/BLOOMBERG the money would instead be di- they do show how the cash flowed, Back in Storm’s Path verted to his campaign. in a chain of transactions, to sev- That January, Mr. Trump sold a eral Trump-controlled companies A storm surge hit Lake Charles, La., as Hurricane Delta battered a state still reeling from a hurricane six weeks earlier. Page A16. lot of stock — $11.1 million worth. and then directly to Mr. Trump He sold another $11.8 million himself. worth in February, and $7.5 mil- The bulk of the money went lion in March. In April, he sold $8.1 through a company called Trump million more. Las Vegas Sales and Marketing Virus Spread Halts Europe’s Economic Revival Signs Suggest And the president’s long-hidden that had little previous income, no tax records, obtained by The New clear business purpose and no Macron to announce new restric- York Times, also reveal this: how employees. The Trump-Ruffin Second Wave joint venture wrote it all off as a By PETER S. GOODMAN Midyear Bounce Proves tions, including a two-month shut- he engineered a sudden financial down of cafes and bars in Paris windfall — more than $21 million business expense. LONDON — What faint hopes and surrounding areas. in what experts describe as highly Continued on Page A20 remained that Europe was recov- Fleeting, and Leaders For Northeast In Spain, the central bank gov- unusual one-off payments from ering from the economic catastro- ernor warned this week that the the Las Vegas hotel he owns with phe delivered by the pandemic Brace for Turmoil accelerating spread of the virus his friend the casino mogul Phil have disappeared as the lethal vi- By SARAH MERVOSH Ruffin. rus has resumed spreading rap- could force the government to im- and JULIE BOSMAN pose restrictions that would In previous articles on the tax idly across much of the continent. months of the year from an al- produce an economic contraction In Boston, plans to bring chil- records, The Times has reported After sharply expanding in the ready minimal 1 percent to zero. of as much as 12.6 percent this dren back to school have been that, in all but a few years since early part of the summer, Britain’s Over all, the national statistics 2000, chronic business losses and year. halted as cases of the coronavirus economy grew far less than antici- agency predicted the economy climbed precariously. New virus aggressive accounting strategies The European Central Bank’s pated in August — just 2.1 percent would contract by 9 percent. clusters are emerging in Rhode Is- have allowed Mr. Trump to largely chief economist cautioned on compared with July, the govern- The diminished expectations land, Connecticut, Maryland and avoid paying federal income Tuesday that the 19 countries that ment reported on Friday, adding are a direct outgrowth of alarm Pennsylvania. In , taxes. And while the hundreds of to worries that further weakness over the revival of the virus. share the euro might not recover the number of new cases each day millions of dollars earned from lies ahead. France reported nearly 19,000 from the disaster until 2022, with now averages more than 500 for “The Apprentice” and his attend- This week, France, Europe’s new cases on Wednesday — a one- those that are dependent on tour- the first time since June. ant celebrity rescued his business second-largest economy, down- day record, and almost double the ism especially vulnerable. The Northeast, devastated by career, those riches, together with JOE BUGLEWICZ FOR THE NEW YORK TIMES graded its forecast for the pace of number the day before. The surge Summer increasingly feels like the coronavirus in the spring and the marketing power of the Trump President Trump’s Las Vegas expansion for the last three prompted President Emmanuel Continued on Page A7 then held up as a model of infec- brand, were ebbing when he an- hotel, owned with Phil Ruffin. tion control by summer, is now seeing the first inklings of what might become a second wave of WHITEY FORD, 1928-2020 the virus, an ominous prospect for the region and a sharp warning to President Pressuring Pompeo the rest of the country. The rise in new cases has prompted state and local officials And Barr for a Campaign Jolt to reverse course, tightening re- strictions on businesses, schools and outdoor spaces. This article is by Peter Baker, Mag- from the president to prosecute In New Jersey, where hospital- gie Haberman, Katie Benner, Lara Democrats like former Vice Presi- izations are on the rise and the Jakes and Michael S. Schmidt. dent Joseph R. Biden Jr., this rate of infection has almost dou- WASHINGTON — President year’s Democratic nominee. bled to nearly eight cases per Trump forced the State Depart- Still recovering from his own co- 100,000 people, towns have closed ment on Friday to commit to re- ronavirus infection, Mr. Trump public parks and picnic areas to leasing at least some of Hillary made plans to host hundreds of discourage people from gather- Clinton’s emails before next supporters on the South Lawn of ing. Gov. Gina Raimondo of Rhode month’s election, resurrecting a the White House on Saturday for Island extended restaurant ca- four-year-old issue in hopes that it his first in-person event since he pacity limitations for another would prove as helpful to his polit- tested positive last week, accord- month, concerned about the ical prospects as it was when he ing to three people familiar with state’s uptick in confirmed cases. defeated her in 2016. the schedule. The rally that he had previously said he wanted to hold Continued on Page A6 Trailing badly in the polls and eager to change the subject from on Saturday in Florida will instead the coronavirus, Mr. Trump suc- be held on Monday, his campaign TRACKING AN OUTBREAK ceeded in compelling Secretary of announced, as the president in- State Mike Pompeo to announce sisted on getting back on the road MASKS The White House blocked that he would make public the despite his illness. The burst of activity and machi- PATRICK BURNS/THE NEW YORK TIMES the C.D.C. from requiring masks emails even as Attorney General Whitey Ford pitching for the Yankees in 1960, when he and the team were at their peak. on public transportation. PAGE A6 William P. Barr resisted pressure Continued on Page A19

Son of the City, and Cornerstone of a Dynasty Sun Belt Is Suddenly Looking a Little Less Red

tious, fair-haired son of New York disease as it spread through his City — hence the nickname — and By RICHARD GOLDSTEIN Last Link to an Era of By JONATHAN MARTIN Trump’s Woes Rippling White House, the president’s con- Whitey Ford, the Yankees’ Hall through the decades a beloved and ALEXANDER BURNS duct is not only undermining his one, as loyal to Yankee pinstripes own campaign but threatening his of Fame left-hander who was cele- Yankees’ Dominance PHOENIX — Cindy Bishop is Across G.O.P. States as his most die-hard fans. “I’ve entire party. brated as the Chairman of the the sort of voter who has some Re- Board for his stylish pitching and been a Yankee fan since I was 5 New polls show Mr. Trump’s years old,” Ford said at his Hall of publicans bracing for a wipeout big-game brilliance on the ball among with 200 or more next month. leaning toward Joseph R. Biden support is collapsing nationally, clubs that dominated in Fame induction at Cooperstown, as he alienates women, seniors victories in the 20th century. N.Y., in 1974. Standing inside her garage, Jr. the and early ’60s, died on At his death, Ford was the sec- shielded from the 102-degree The inflammatory behavior and suburbanites. He is trailing Thursday night at his home in He was among the biggest not just in must-win battle- ond-oldest surviving Hall of names on Yankee teams featuring desert heat, Ms. Bishop, a 61-year- that has alienated voters beyond Lake Success, N.Y., on Long Is- Famer, behind the former Dodger old medical professional, said she his base has long posed the most grounds but according to private land. He was 91. , who is Continued on Page A22 voted for Mr. Trump four years significant impediment to Mr. G.O.P. surveys, he is repelling in- Pitching for 11 pennant-winners 93. His death came six days after ago because “he wasn’t a poli- Trump’s re-election. But one week dependents to the point where Mr. and six champions, that of his fellow Hall of Fame tician.” But then, she said, “I got a after he rampaged through the Biden has drawn closer in solidly Ford won 236 games, the most of of the St. Louis ACE OF THE YANKEES Tyler Kep- taste of him and I’m like, ‘God, he’s first presidential debate and then red states, including Montana, any Yankee, and had a career win- Cardinals. ner writes on Ford’s career, and disrespectful’ — there’s so much was hospitalized with the corona- Kansas and Missouri, people ning percentage of .690, the best He was a scrappy, rambunc- his remarkable records. PAGE B7 about him I don’t like.” She is now virus, only to keep minimizing the Continued on Page A15

TRACKING AN OUTBREAK A4-8 BUSINESS B1-6 ARTS C1-6 President Raises Stimulus Offer A New Feel to Twitter Poetry That Dares to Be Cruel After halting negotiations with Demo- The platform, seeking to combat politi- The Nobel laureate Louise Glück’s works crats this week, President Trump pro- cal misinformation, is temporarily have meanings that you can tangle with posed a $1.8 trillion rescue package that changing some of its features. Re- for a long time. An appraisal. PAGE C1 his own party may reject. PAGE A6 tweeting will be slowed. PAGE B1 Black Trustees Join Forces NATIONAL A12-23 Court Clears Cuomo’s Orders Agony, Until Congress Acts SPORTSSATURDAY B7-10 Weary of tokenism at art museums, a A federal judge allowed Gov. Andrew M. Lenders and businesses await clarity on group of Black board members is push- No Protection for Wolverines Cuomo of New York to move forward how loans under the Paycheck Protec- Men’s Major Record at Stake ing for diverse perspectives. PAGE C1 The U.S. government said its earlier with new restrictions on synagogues tion Program will be forgiven. PAGE B1 If Rafael Nadal wins the final at Roland concerns about global warming’s effects and other houses of worship. PAGE A7 Garros on Sunday, he’ll match Roger EDITORIAL, OP-ED A24-25 on wolverines were overstated. PAGE A16 Federer’s 20 singles titles. PAGE B9 INTERNATIONAL A9-11 ‘Cure’ Remark Stirs Interest Timothy Egan PAGE A24 Spy Chief in Political Role President Trump called a Covid-19 Nobel for World Food Program N.B.A. Back on TV in China The director of national intelligence treatment from the company Regen- The U.N. agency won the Peace Prize for Game 5 of the finals between the Lak- vowed to be apolitical. Months at his job, eron a “cure,” but he also sowed suspi- fighting a surge in global hunger amid ers and the Heat was expected to be the he has become anything but. PAGE A12 cion about whether it works. PAGE A4 the coronavirus pandemic. PAGE A10 first game aired since last fall. PAGE B9 U(D54G1D)y+&!=!.!?!"