Trump's path to power

From his picture window overlooking New York's Central Park, Donald Trump could see the public ice rink that the city government had spent six years and $12 million trying — and failing — to repair. Most people saw the shuttered rink as a maddening waste of public dollars. Trump saw an opportunity to lead.

In 1986, Trump, then a brash newcomer in New York real estate, offered to fix the rink in six months at his own expense. Trump's move was at once bold, magnanimous, and biting. In the...

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