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1 | 00:00:00,830 | 00:00:02,260 | New York City. | New York City. |
2 | 00:00:02,370 | 00:00:04,470 | Happy New Year! | Happy New Year! |
3 | 00:00:04,570 | 00:00:08,070 | At the dawn of the '80s, it was exploding with opportunity. | At the dawn of the '80s, it was exploding with opportunity. |
4 | 00:00:08,900 | 00:00:11,610 | [newsreader] Boom times. That's what the numbers signal today, | [newsreader] Boom times. That's what the numbers signal today, |
5 | 00:00:11,710 | 00:00:13,910 | an economy that's on a roll in this country. | an economy that's on a roll in this country. |
6 | 00:00:14,010 | 00:00:17,810 | A place to seek money, power, fame. | A place to seek money, power, fame. |
7 | 00:00:17,910 | 00:00:22,820 | Amid the glitz and greed, five titans seized their moment. | Amid the glitz and greed, five titans seized their moment. |
8 | 00:00:22,920 | 00:00:27,290 | But by the end of the decade, that moment had passed | But by the end of the decade, that moment had passed |
9 | 00:00:27,390 | 00:00:31,930 | and we'd put greed behind us for good. Or had we? | and we'd put greed behind us for good. Or had we? |
10 | 00:00:32,030 | 00:00:35,730 | The President of the United States. | The President of the United States. |
11 | 00:00:35,830 | 00:00:39,200 | A hot-shot developer was dodging questions about soaring debt... | A hot-shot developer was dodging questions about soaring debt... |
12 | 00:00:39,300 | 00:00:41,400 | Trump, the cash crunch. | Trump, the cash crunch. |
13 | 00:00:41,500 | 00:00:43,240 | ...and scandalous behavior. | ...and scandalous behavior. |
14 | 00:00:43,340 | 00:00:46,840 | Well, she's a fantastic woman, but I won't say anymore. | Well, she's a fantastic woman, but I won't say anymore. |
15 | 00:00:46,940 | 00:00:50,510 | But the tabloids that helped make him were about to take him down. | But the tabloids that helped make him were about to take him down. |
16 | 00:00:50,610 | 00:00:52,910 | You have a lot of very dishonest reporters, in my opinion. | You have a lot of very dishonest reporters, in my opinion. |
17 | 00:00:53,020 | 00:00:56,620 | A hard-charging prosecutor had become a candidate for mayor. | A hard-charging prosecutor had become a candidate for mayor. |
18 | 00:00:56,720 | 00:01:00,620 | The word impossible is just not in my vocabulary. | The word impossible is just not in my vocabulary. |
19 | 00:01:00,720 | 00:01:03,690 | But some in the city were growing tired of his crusades. | But some in the city were growing tired of his crusades. |
20 | 00:01:03,790 | 00:01:08,830 | The people of our town don't want a prosecutor, they want a mayor. | The people of our town don't want a prosecutor, they want a mayor. |
21 | 00:01:08,930 | 00:01:12,370 | A celebrity don was back on trial, feeding a media frenzy. | A celebrity don was back on trial, feeding a media frenzy. |
22 | 00:01:12,470 | 00:01:15,370 | The Gotti trial is the hottest show off Broadway. | The Gotti trial is the hottest show off Broadway. |
23 | 00:01:15,470 | 00:01:16,970 | And when the verdict was read... | And when the verdict was read... |
24 | 00:01:17,070 | 00:01:20,870 | The Teflon is gone, the don is covered with Velcro. | The Teflon is gone, the don is covered with Velcro. |
25 | 00:01:22,580 | 00:01:25,380 | [newsreader] Hundreds of Gotti supporters, outraged by that sentence, | [newsreader] Hundreds of Gotti supporters, outraged by that sentence, |
26 | 00:01:25,480 | 00:01:27,650 | tried to storm the Brooklyn courthouse. | tried to storm the Brooklyn courthouse. |
27 | 00:01:27,750 | 00:01:32,820 | And while the former king of Wall Street was finally headed for jail, | And while the former king of Wall Street was finally headed for jail, |
28 | 00:01:32,920 | 00:01:36,660 | the Queen of Mean was mounting a last-ditch effort to remain a free woman. | the Queen of Mean was mounting a last-ditch effort to remain a free woman. |
29 | 00:01:36,760 | 00:01:40,330 | Not guilty, not guilty. I am innocent. | Not guilty, not guilty. I am innocent. |
30 | 00:01:45,730 | 00:01:48,300 | That was it. I'm gonna take you out, you're gonna take me out. | That was it. I'm gonna take you out, you're gonna take me out. |
31 | 00:01:48,400 | 00:01:49,870 | This isn't gonna end well. | This isn't gonna end well. |
32 | 00:01:51,340 | 00:01:54,010 | I've never seen anybody so heartbroken in my life. She was devastated. | I've never seen anybody so heartbroken in my life. She was devastated. |
33 | 00:01:54,110 | 00:01:59,250 | There was almost a daily feeling of how crazy this is. | There was almost a daily feeling of how crazy this is. |
34 | 00:01:59,350 | 00:02:04,150 | These larger than life figures would forever change our idea of success... | These larger than life figures would forever change our idea of success... |
35 | 00:02:04,250 | 00:02:05,750 | My new game is Trump, the Game. | My new game is Trump, the Game. |
36 | 00:02:05,860 | 00:02:06,750 | ...and excess... | ...and excess... |
37 | 00:02:06,860 | 00:02:09,220 | Forty-two million. | Forty-two million. |
38 | 00:02:09,330 | 00:02:12,160 | ...and though, at the end of the 80s, we may have delighted in their downfall... | ...and though, at the end of the 80s, we may have delighted in their downfall... |
39 | 00:02:12,260 | 00:02:15,660 | [woman] These are card-carrying, crashing egotists. | [woman] These are card-carrying, crashing egotists. |
40 | 00:02:15,760 | 00:02:18,230 | ...our celebration of their values was just beginning. | ...our celebration of their values was just beginning. |
41 | 00:02:18,330 | 00:02:21,200 | [interviewer] But you have said that if you ran for president, you'd win. | [interviewer] But you have said that if you ran for president, you'd win. |
42 | 00:02:21,300 | 00:02:22,670 | I think I'd have a very good chance. | I think I'd have a very good chance. |
43 | 00:02:23,240 | 00:02:26,040 | [dramatic music playing] | [dramatic music playing] |
44 | 00:02:45,690 | 00:02:50,600 | Okay! [applause] He's a man who is strong, smart, he's done very well for himself, | Okay! [applause] He's a man who is strong, smart, he's done very well for himself, |
45 | 00:02:50,700 | 00:02:54,570 | for an ex Chippendale dancer. I've... oh! [laughs] | for an ex Chippendale dancer. I've... oh! [laughs] |
46 | 00:02:54,670 | 00:02:59,110 | A man who, five minutes after he got here, tried to buy our studio. | A man who, five minutes after he got here, tried to buy our studio. |
47 | 00:02:59,210 | 00:03:01,740 | So, who is this famous billionaire? | So, who is this famous billionaire? |
48 | 00:03:01,840 | 00:03:03,640 | [audience] Donald Trump! | [audience] Donald Trump! |
49 | 00:03:04,950 | 00:03:07,150 | He was the man with the Midas touch. | He was the man with the Midas touch. |
50 | 00:03:07,250 | 00:03:12,050 | Builder of golden towers, high-rolling casino operator, bestselling author, | Builder of golden towers, high-rolling casino operator, bestselling author, |
51 | 00:03:12,150 | 00:03:14,290 | myth maker of epic proportions. | myth maker of epic proportions. |
52 | 00:03:14,390 | 00:03:17,590 | How rich are you, just basically? [laughs] Right now? | How rich are you, just basically? [laughs] Right now? |
53 | 00:03:18,530 | 00:03:20,590 | Well, it depends on which magazine you read. | Well, it depends on which magazine you read. |
54 | 00:03:20,700 | 00:03:23,000 | I mean, how much you got in your wallet? I wanna see-- | I mean, how much you got in your wallet? I wanna see-- |
55 | 00:03:23,100 | 00:03:28,400 | He was also sitting on a mountain of debt and an explosive personal secret. | He was also sitting on a mountain of debt and an explosive personal secret. |
56 | 00:03:28,500 | 00:03:31,340 | But with every breathless news report, his legend only grew, | But with every breathless news report, his legend only grew, |
57 | 00:03:31,440 | 00:03:34,910 | until it really did seem like his potential was limitless. | until it really did seem like his potential was limitless. |
58 | 00:03:35,180 | 00:03:38,180 | [Emily Fox] He had his buildings, he had his hotels. | [Emily Fox] He had his buildings, he had his hotels. |
59 | 00:03:38,280 | 00:03:41,420 | He presented himself, as he does now, | He presented himself, as he does now, |
60 | 00:03:41,520 | 00:03:44,950 | as a man who was incredibly financially successful. | as a man who was incredibly financially successful. |
61 | 00:03:45,390 | 00:03:50,020 | Privately, his businesses were having more trouble than he would let on. | Privately, his businesses were having more trouble than he would let on. |
62 | 00:03:50,130 | 00:03:54,030 | He was a guy who thought he was invincible, | He was a guy who thought he was invincible, |
63 | 00:03:54,130 | 00:03:57,260 | from a business standpoint and also from a personal standpoint. | from a business standpoint and also from a personal standpoint. |
64 | 00:03:59,270 | 00:04:03,370 | And he gets the idea in his head that he should be running everything. | And he gets the idea in his head that he should be running everything. |
65 | 00:04:03,470 | 00:04:07,670 | [newsreader] Trump has said, quite seriously, that he's a good enough bargainer | [newsreader] Trump has said, quite seriously, that he's a good enough bargainer |
66 | 00:04:07,780 | 00:04:11,380 | to negotiate a nuclear disarmament treaty with the Russians. | to negotiate a nuclear disarmament treaty with the Russians. |
67 | 00:04:11,880 | 00:04:15,150 | [David Cay Johnston] Donald first publicly talked about being president in 1987. | [David Cay Johnston] Donald first publicly talked about being president in 1987. |
68 | 00:04:15,620 | 00:04:20,020 | He knew all he had to do was keep pressing ahead and he would have a shot at it. | He knew all he had to do was keep pressing ahead and he would have a shot at it. |
69 | 00:04:20,120 | 00:04:23,190 | You have said that, if you ran for president, you'd win. | You have said that, if you ran for president, you'd win. |
70 | 00:04:23,290 | 00:04:25,330 | I think I'd have a very good chance. I mean, I like to win. | I think I'd have a very good chance. I mean, I like to win. |
71 | 00:04:25,430 | 00:04:29,330 | [Michael Kruse] Roger Stone, a long-time political operative, | [Michael Kruse] Roger Stone, a long-time political operative, |
72 | 00:04:29,430 | 00:04:32,000 | called him a "prime piece of political horse flesh." | called him a "prime piece of political horse flesh." |
73 | 00:04:32,570 | 00:04:36,200 | It was his idea for Trump to go to Portsmouth, New Hampshire, | It was his idea for Trump to go to Portsmouth, New Hampshire, |
74 | 00:04:36,310 | 00:04:41,070 | where he gave a talk at a Rotary Club and created quite a stir. | where he gave a talk at a Rotary Club and created quite a stir. |
75 | 00:04:41,180 | 00:04:45,880 | This country is being taken such advantage of, we need strength. | This country is being taken such advantage of, we need strength. |
76 | 00:04:45,980 | 00:04:52,150 | I mean, you think Gorbachev is tough. Think of this character Khomeini. [laughter] | I mean, you think Gorbachev is tough. Think of this character Khomeini. [laughter] |
77 | 00:04:52,250 | 00:04:55,320 | I mean, this son of a bitch is something like nobody's ever seen! | I mean, this son of a bitch is something like nobody's ever seen! |
78 | 00:04:56,160 | 00:05:00,390 | [Barbara Res] Trump wanted to create the notion that he was so competent, | [Barbara Res] Trump wanted to create the notion that he was so competent, |
79 | 00:05:00,500 | 00:05:02,700 | that he was so great at what he did | that he was so great at what he did |
80 | 00:05:02,800 | 00:05:05,070 | that he could do the hardest, most important job | that he could do the hardest, most important job |
81 | 00:05:05,170 | 00:05:07,070 | in the world and that's being president. | in the world and that's being president. |
82 | 00:05:07,170 | 00:05:10,570 | I love the country, but I think you're gonna have probably George Bush | I love the country, but I think you're gonna have probably George Bush |
83 | 00:05:10,670 | 00:05:13,340 | as your next president. He's an excellent guy, an excellent man, | as your next president. He's an excellent guy, an excellent man, |
84 | 00:05:13,440 | 00:05:14,840 | he's a friend of mine and I'm here for that reason. | he's a friend of mine and I'm here for that reason. |
85 | 00:05:14,940 | 00:05:18,880 | That was not a serious idea in the late 80s, | That was not a serious idea in the late 80s, |
86 | 00:05:18,980 | 00:05:24,520 | but it planted a seed that this guy, a developer in New York, a celebrity, | but it planted a seed that this guy, a developer in New York, a celebrity, |
87 | 00:05:24,620 | 00:05:29,760 | the author of The Art of the Deal , would be trafficking in political ideas. | the author of The Art of the Deal , would be trafficking in political ideas. |
88 | 00:05:29,860 | 00:05:36,200 | He was laying groundwork for what we would see decades later. | He was laying groundwork for what we would see decades later. |
89 | 00:05:36,300 | 00:05:38,470 | Good luck, everyone. Thank you all for being here. | Good luck, everyone. Thank you all for being here. |
90 | 00:05:38,570 | 00:05:42,440 | [Kurt Andersen] Donald Trump had delusions of grandeur from the get-go. | [Kurt Andersen] Donald Trump had delusions of grandeur from the get-go. |
91 | 00:05:42,540 | 00:05:48,040 | At the same time, big, legitimate banks enabled Donald Trump. | At the same time, big, legitimate banks enabled Donald Trump. |
92 | 00:05:49,140 | 00:05:50,710 | They kept giving him money. | They kept giving him money. |
93 | 00:05:52,350 | 00:05:56,880 | [Charles Bagli] Donald is already starting to file tax returns that would indicate | [Charles Bagli] Donald is already starting to file tax returns that would indicate |
94 | 00:05:56,990 | 00:05:59,720 | he was losing money, not making money. | he was losing money, not making money. |
95 | 00:05:59,820 | 00:06:04,460 | [newsreader] Is Donald Trump in financial trouble? Some in the financial community | [newsreader] Is Donald Trump in financial trouble? Some in the financial community |
96 | 00:06:04,560 | 00:06:08,300 | are looking for signs that Trump may be trying to raise cash | are looking for signs that Trump may be trying to raise cash |
97 | 00:06:08,400 | 00:06:12,630 | because of a current, or anticipated shortage, caused by heavy debt. | because of a current, or anticipated shortage, caused by heavy debt. |
98 | 00:06:12,740 | 00:06:16,900 | But in the meantime, there was a constant flow of money | But in the meantime, there was a constant flow of money |
99 | 00:06:17,010 | 00:06:20,010 | from Wall Street and from investors. | from Wall Street and from investors. |
100 | 00:06:20,110 | 00:06:22,610 | So, when the opportunity came | So, when the opportunity came |
101 | 00:06:22,710 | 00:06:29,180 | to grab a hold of the biggest, most luxurious casino | to grab a hold of the biggest, most luxurious casino |
102 | 00:06:29,280 | 00:06:33,020 | in Atlantic City, The Taj Mahal, he took it. | in Atlantic City, The Taj Mahal, he took it. |
103 | 00:06:33,120 | 00:06:36,920 | Donald Trump today opened the doors to his billion-dollar gamble, | Donald Trump today opened the doors to his billion-dollar gamble, |
104 | 00:06:37,030 | 00:06:39,730 | his new Atlantic City casino, The Taj Mahal. | his new Atlantic City casino, The Taj Mahal. |
105 | 00:06:40,360 | 00:06:44,160 | [Bagli] It had been under construction for several years, it was way over budget, | [Bagli] It had been under construction for several years, it was way over budget, |
106 | 00:06:44,270 | 00:06:49,600 | but it was supposed to dominate the whole Atlantic City gambling scene. | but it was supposed to dominate the whole Atlantic City gambling scene. |
107 | 00:06:49,710 | 00:06:53,210 | [newsreader] The Taj Mahal stretches out over 17 acres along the boardwalk. | [newsreader] The Taj Mahal stretches out over 17 acres along the boardwalk. |
108 | 00:06:53,310 | 00:06:57,840 | There's glitz and glitter galore, $15 million worth of chandeliers | There's glitz and glitter galore, $15 million worth of chandeliers |
109 | 00:06:57,950 | 00:06:59,880 | and 1200 luxury hotel rooms. | and 1200 luxury hotel rooms. |
110 | 00:06:59,980 | 00:07:04,890 | [Johnston] He buys it with entirely borrowed money, | [Johnston] He buys it with entirely borrowed money, |
111 | 00:07:04,990 | 00:07:09,060 | junk bonds $675, million at 14% interest. | junk bonds $675, million at 14% interest. |
112 | 00:07:09,160 | 00:07:13,790 | He's got over a quarter million dollar a day bill just for interest on the bonds | He's got over a quarter million dollar a day bill just for interest on the bonds |
113 | 00:07:13,900 | 00:07:17,860 | and close to another million dollars a day to pay all the other bills of running the place | and close to another million dollars a day to pay all the other bills of running the place |
114 | 00:07:17,970 | 00:07:20,900 | and of course, paying out the few winners that were out there. | and of course, paying out the few winners that were out there. |
115 | 00:07:21,000 | 00:07:24,870 | Johnston Trump executives insist they can make a million dollars a day | Johnston Trump executives insist they can make a million dollars a day |
116 | 00:07:24,970 | 00:07:27,870 | the experts say they'll need just to pay for the casino. | the experts say they'll need just to pay for the casino. |
117 | 00:07:27,980 | 00:07:32,480 | And that is something that had never happened at any casino, | And that is something that had never happened at any casino, |
118 | 00:07:32,580 | 00:07:34,650 | anywhere in the world at that point. | anywhere in the world at that point. |
119 | 00:07:34,750 | 00:07:40,050 | So, it was not just ambitious, it was stupid. | So, it was not just ambitious, it was stupid. |
120 | 00:07:40,660 | 00:07:42,820 | I do have a risk, I do have a financial risk, | I do have a risk, I do have a financial risk, |
121 | 00:07:42,930 | 00:07:45,690 | but I have also a reputation risk and that's very important to me. | but I have also a reputation risk and that's very important to me. |
122 | 00:07:47,130 | 00:07:50,100 | [Johnston] From day one, there are hundreds of contractors and vendors | [Johnston] From day one, there are hundreds of contractors and vendors |
123 | 00:07:50,200 | 00:07:53,100 | who were delivering goods to him and he's not paying them, | who were delivering goods to him and he's not paying them, |
124 | 00:07:53,200 | 00:07:57,740 | because he doesn't have the income to support all the borrowing he's done. | because he doesn't have the income to support all the borrowing he's done. |
125 | 00:07:57,840 | 00:08:02,740 | And then the day came when Donald couldn't pay the monthly payments on his debt | And then the day came when Donald couldn't pay the monthly payments on his debt |
126 | 00:08:02,850 | 00:08:06,480 | and it's very clear that this is going to collapse. | and it's very clear that this is going to collapse. |
127 | 00:08:07,120 | 00:08:11,920 | There was almost a daily feeling of how crazy this is. | There was almost a daily feeling of how crazy this is. |
128 | 00:08:12,020 | 00:08:15,090 | So, a million dollars a day, while it sounds like a lot of money, | So, a million dollars a day, while it sounds like a lot of money, |
129 | 00:08:15,190 | 00:08:18,020 | for the building that we're talking about, it should be very easily made. | for the building that we're talking about, it should be very easily made. |
130 | 00:08:18,130 | 00:08:21,290 | We realized that Donald was uncontrollable. | We realized that Donald was uncontrollable. |
131 | 00:08:21,800 | 00:08:24,260 | [dramatic music playing] | [dramatic music playing] |
132 | 00:08:29,140 | 00:08:33,940 | [Giuliani] New York is a city overwhelmed by crime, crack, and corruption. [man] New York City, 1989. | [Giuliani] New York is a city overwhelmed by crime, crack, and corruption. [man] New York City, 1989. |
133 | 00:08:34,040 | 00:08:37,580 | The fear in our streets, parks, and subways | The fear in our streets, parks, and subways |
134 | 00:08:37,680 | 00:08:42,620 | all point to a city that is out of control! | all point to a city that is out of control! |
135 | 00:08:42,720 | 00:08:47,420 | He was the avenging US attorney with an audacious crime busting record | He was the avenging US attorney with an audacious crime busting record |
136 | 00:08:47,520 | 00:08:52,160 | and he was now closer than ever to his ultimate goal of winning political office. | and he was now closer than ever to his ultimate goal of winning political office. |
137 | 00:08:52,260 | 00:08:55,000 | With crime rates surging in 1989, | With crime rates surging in 1989, |
138 | 00:08:55,100 | 00:08:58,500 | no one seemed better suited to become New York City's next mayor. | no one seemed better suited to become New York City's next mayor. |
139 | 00:08:58,600 | 00:09:02,400 | From a policing perspective, it's a very violent era. | From a policing perspective, it's a very violent era. |
140 | 00:09:03,970 | 00:09:09,410 | This was a very constant topic of conversation, the level of violence in the city. | This was a very constant topic of conversation, the level of violence in the city. |
141 | 00:09:10,050 | 00:09:12,810 | [Kirtzman] Giuliani ran as the law-and-order candidate | [Kirtzman] Giuliani ran as the law-and-order candidate |
142 | 00:09:12,920 | 00:09:16,420 | and New York needed more law and order. | and New York needed more law and order. |
143 | 00:09:16,520 | 00:09:18,080 | As mayor, I will lead the battle | As mayor, I will lead the battle |
144 | 00:09:18,190 | 00:09:22,290 | to take our streets back, hearts back, subways back from the criminals. | to take our streets back, hearts back, subways back from the criminals. |
145 | 00:09:22,660 | 00:09:24,930 | He saw this as an opportunity to clean up the city. | He saw this as an opportunity to clean up the city. |
146 | 00:09:25,030 | 00:09:30,130 | [newsreader] Giuliani remains a major threat to Koch's chances for a fourth term, | [newsreader] Giuliani remains a major threat to Koch's chances for a fourth term, |
147 | 00:09:30,230 | 00:09:33,700 | assuming the mayor survives the Democratic primary, | assuming the mayor survives the Democratic primary, |
148 | 00:09:33,800 | 00:09:36,770 | particularly the challenge from David Dinkins. | particularly the challenge from David Dinkins. |
149 | 00:09:36,870 | 00:09:39,470 | [Kirtzman] David Dinkins had risen though the ranks | [Kirtzman] David Dinkins had risen though the ranks |
150 | 00:09:39,580 | 00:09:42,040 | to become Manhattan borough president, | to become Manhattan borough president, |
151 | 00:09:42,140 | 00:09:44,310 | a somewhat powerful job. | a somewhat powerful job. |
152 | 00:09:44,880 | 00:09:48,880 | [Ken Auletta] During the primary race relations were very tender and Dinkins came in | [Ken Auletta] During the primary race relations were very tender and Dinkins came in |
153 | 00:09:48,980 | 00:09:51,180 | as someone who might be a healer. | as someone who might be a healer. |
154 | 00:09:51,750 | 00:09:53,820 | I felt the rise of David Dinkins | I felt the rise of David Dinkins |
155 | 00:09:53,920 | 00:09:59,660 | in the context of a series of racial events through the age. | in the context of a series of racial events through the age. |
156 | 00:09:59,760 | 00:10:01,830 | The Michael Stewart incident... | The Michael Stewart incident... |
157 | 00:10:06,100 | 00:10:07,970 | there was the Eleanor Bumpurs incident... | there was the Eleanor Bumpurs incident... |
158 | 00:10:09,940 | 00:10:11,640 | The Howard Beach incident. | The Howard Beach incident. |
159 | 00:10:11,740 | 00:10:13,970 | The victims were three black men whose car had broken down. | The victims were three black men whose car had broken down. |
160 | 00:10:18,210 | 00:10:21,880 | [Gil Troy] The crime problem, all too often in New York, is seen as a racial problem, | [Gil Troy] The crime problem, all too often in New York, is seen as a racial problem, |
161 | 00:10:21,980 | 00:10:27,690 | but it's the incidents where blacks and whites interact that generate the headlines, | but it's the incidents where blacks and whites interact that generate the headlines, |
162 | 00:10:27,790 | 00:10:29,020 | that generate the tensions. | that generate the tensions. |
163 | 00:10:31,990 | 00:10:35,830 | A Wall Street investment banker remains unconscious in very critical condition tonight | A Wall Street investment banker remains unconscious in very critical condition tonight |
164 | 00:10:35,930 | 00:10:38,600 | after a brutal attack while she was jogging in Central Park. | after a brutal attack while she was jogging in Central Park. |
165 | 00:10:39,430 | 00:10:44,870 | The Central Park jogger case turned into one of the biggest rape cases | The Central Park jogger case turned into one of the biggest rape cases |
166 | 00:10:44,970 | 00:10:47,070 | we have ever seen in New York City. | we have ever seen in New York City. |
167 | 00:10:47,180 | 00:10:53,450 | A young, white woman was beaten badly, raped, and left for dead. | A young, white woman was beaten badly, raped, and left for dead. |
168 | 00:10:53,550 | 00:10:57,850 | [newsreader] Today, police arrested four juveniles, ages 14 through 15, | [newsreader] Today, police arrested four juveniles, ages 14 through 15, |
169 | 00:10:57,950 | 00:11:00,190 | all charged with attempted murder and rape. | all charged with attempted murder and rape. |
170 | 00:11:00,290 | 00:11:02,220 | Black and Latino kids... | Black and Latino kids... |
171 | 00:11:02,320 | 00:11:07,430 | Whatever the police and the prosecutors said was accepted as fact. | Whatever the police and the prosecutors said was accepted as fact. |
172 | 00:11:07,660 | 00:11:11,130 | The horrifying crime has sparked a new call for the death penalty, | The horrifying crime has sparked a new call for the death penalty, |
173 | 00:11:11,230 | 00:11:13,800 | this one from billionaire developer, Donald Trump. | this one from billionaire developer, Donald Trump. |
174 | 00:11:14,670 | 00:11:19,440 | [Byfield] Donald Trump takes out an ad in all the major newspapers, | [Byfield] Donald Trump takes out an ad in all the major newspapers, |
175 | 00:11:19,540 | 00:11:23,810 | calling for the death penalty, before there's been a trial! | calling for the death penalty, before there's been a trial! |
176 | 00:11:23,910 | 00:11:28,550 | There's not a thing in the world wrong with hating in certain instances | There's not a thing in the world wrong with hating in certain instances |
177 | 00:11:28,650 | 00:11:33,290 | and you have an instance here where you have killers roaming the street, preying on all of us | and you have an instance here where you have killers roaming the street, preying on all of us |
178 | 00:11:33,390 | 00:11:37,420 | He said what he said in that ad and then he doubled down in a variety of other places. | He said what he said in that ad and then he doubled down in a variety of other places. |
179 | 00:11:38,530 | 00:11:44,960 | He gave license to think those things about those kids, who didn't do it. | He gave license to think those things about those kids, who didn't do it. |
180 | 00:11:47,040 | 00:11:49,500 | Amid this atmosphere of racial tension, | Amid this atmosphere of racial tension, |
181 | 00:11:49,600 | 00:11:53,510 | comes the murder of Yusef Hawkins in Bensonhurst. | comes the murder of Yusef Hawkins in Bensonhurst. |
182 | 00:11:53,610 | 00:11:57,780 | [newsreader] Police say 30 white teenagers armed with baseball bats and at least one gun, | [newsreader] Police say 30 white teenagers armed with baseball bats and at least one gun, |
183 | 00:11:57,880 | 00:12:00,410 | attacked Hawkins and his three companions. | attacked Hawkins and his three companions. |
184 | 00:12:00,520 | 00:12:04,520 | This confrontation leads to him being shot to death. | This confrontation leads to him being shot to death. |
185 | 00:12:04,620 | 00:12:06,450 | [newsreader] In the aftermath of the killing, | [newsreader] In the aftermath of the killing, |
186 | 00:12:06,560 | 00:12:09,960 | racial tensions in Bensonhurst and New York City have mounted. | racial tensions in Bensonhurst and New York City have mounted. |
187 | 00:12:10,360 | 00:12:12,260 | It rocks the city. | It rocks the city. |
188 | 00:12:12,360 | 00:12:15,930 | [crowd chanting] Bensonhurst! Bensonhurst! This is not Johannesburg! | [crowd chanting] Bensonhurst! Bensonhurst! This is not Johannesburg! |
189 | 00:12:16,030 | 00:12:18,000 | There are not racists in this community. | There are not racists in this community. |
190 | 00:12:18,100 | 00:12:21,030 | This is not a racist community, we just don't like black people, that's all. | This is not a racist community, we just don't like black people, that's all. |
191 | 00:12:21,140 | 00:12:25,870 | People were feeling as if the city was reaching a point of ungovernability. | People were feeling as if the city was reaching a point of ungovernability. |
192 | 00:12:25,970 | 00:12:29,140 | It's not enough for people to be angry. | It's not enough for people to be angry. |
193 | 00:12:29,240 | 00:12:33,150 | If you don't have somebody bring a change in policy and procedures, | If you don't have somebody bring a change in policy and procedures, |
194 | 00:12:33,250 | 00:12:35,480 | we'll never get ahead. | we'll never get ahead. |
195 | 00:12:35,720 | 00:12:41,320 | Koch was perceived more and more as a divisive figure, and that David Dinkins | Koch was perceived more and more as a divisive figure, and that David Dinkins |
196 | 00:12:41,420 | 00:12:44,120 | might be the solution to this. | might be the solution to this. |
197 | 00:12:44,230 | 00:12:47,390 | In the minds of many, we weren't supposed to win | In the minds of many, we weren't supposed to win |
198 | 00:12:48,230 | 00:12:50,160 | but nobody told us that. | but nobody told us that. |
199 | 00:12:50,770 | 00:12:54,800 | After 12 years leading the city of New York, Ed Koch will no longer be mayor. | After 12 years leading the city of New York, Ed Koch will no longer be mayor. |
200 | 00:12:54,900 | 00:12:58,470 | Instead, David Dinkins, the president of the borough of Manhattan, | Instead, David Dinkins, the president of the borough of Manhattan, |
201 | 00:12:58,570 | 00:13:02,380 | is in a position to become the first black mayor of the nation's largest city. | is in a position to become the first black mayor of the nation's largest city. |
202 | 00:13:02,480 | 00:13:07,010 | You gave me your votes and even more, in a tough time, you gave me your trust. | You gave me your votes and even more, in a tough time, you gave me your trust. |
203 | 00:13:07,120 | 00:13:11,920 | This year, Dinkins faces strong opposition from former US Attorney Rudolph Giuliani. | This year, Dinkins faces strong opposition from former US Attorney Rudolph Giuliani. |
204 | 00:13:12,020 | 00:13:19,330 | On the day I become mayor, the old political system that is dragging this city down is out! | On the day I become mayor, the old political system that is dragging this city down is out! |
205 | 00:13:19,430 | 00:13:23,230 | Two candidates were left to battle it out for the mayor's seat. | Two candidates were left to battle it out for the mayor's seat. |
206 | 00:13:23,330 | 00:13:27,170 | One, a seasoned politician with a message of harmony and justice. | One, a seasoned politician with a message of harmony and justice. |
207 | 00:13:27,270 | 00:13:32,440 | The other, a righteous ex-lawman with a message of crime and punishment. | The other, a righteous ex-lawman with a message of crime and punishment. |
208 | 00:13:32,540 | 00:13:34,370 | Emphasis on the punishment. | Emphasis on the punishment. |
209 | 00:13:34,480 | 00:13:38,510 | Giuliani was a US attorney coming in as a hard-line guy. | Giuliani was a US attorney coming in as a hard-line guy. |
210 | 00:13:38,610 | 00:13:42,180 | It's not about being the nice guy, it's about being the tough guy. | It's not about being the nice guy, it's about being the tough guy. |
211 | 00:13:42,280 | 00:13:45,920 | [Kirtzman] For a person who had mastered the New York media, | [Kirtzman] For a person who had mastered the New York media, |
212 | 00:13:46,020 | 00:13:48,560 | Giuliani didn't have his message together. | Giuliani didn't have his message together. |
213 | 00:13:48,660 | 00:13:55,060 | He had people making all these allegations relating to the character of Dinkins. | He had people making all these allegations relating to the character of Dinkins. |
214 | 00:13:55,160 | 00:13:59,630 | It was clear that Giuliani would stoop to low levels to get elected. | It was clear that Giuliani would stoop to low levels to get elected. |
215 | 00:13:59,730 | 00:14:03,340 | Why does David Dinkins always wait until he gets caught? | Why does David Dinkins always wait until he gets caught? |
216 | 00:14:03,440 | 00:14:07,970 | Rudy Giuliani: experience, integrity, and nobody owns him. | Rudy Giuliani: experience, integrity, and nobody owns him. |
217 | 00:14:08,080 | 00:14:14,480 | Rudy was a tough campaigner, but we were pretty good also. | Rudy was a tough campaigner, but we were pretty good also. |
218 | 00:14:14,580 | 00:14:19,120 | I think the people of our town don't want a prosecutor, they want a mayor. | I think the people of our town don't want a prosecutor, they want a mayor. |
219 | 00:14:19,220 | 00:14:22,390 | [Guiliani] Well, wait, wait a second. I think the people of this town want a mayor | [Guiliani] Well, wait, wait a second. I think the people of this town want a mayor |
220 | 00:14:22,490 | 00:14:24,420 | who has nothing to fear from a prosecutor. | who has nothing to fear from a prosecutor. |
221 | 00:14:24,530 | 00:14:27,960 | I think it became an issue of who could really keep the city under control | I think it became an issue of who could really keep the city under control |
222 | 00:14:28,060 | 00:14:31,230 | and they both were running with different philosophies. | and they both were running with different philosophies. |
223 | 00:14:31,330 | 00:14:34,230 | The people do not want a city divided against itself. | The people do not want a city divided against itself. |
224 | 00:14:34,340 | 00:14:37,300 | New York is a city overwhelmed by crime. | New York is a city overwhelmed by crime. |
225 | 00:14:37,410 | 00:14:41,410 | What can unite us is far stronger than the forces that can keep us apart. [applause] | What can unite us is far stronger than the forces that can keep us apart. [applause] |
226 | 00:14:41,510 | 00:14:43,610 | Who can reduce crime better? | Who can reduce crime better? |
227 | 00:14:43,710 | 00:14:46,780 | I know how he feels. I come from a background of people that have been excluded. | I know how he feels. I come from a background of people that have been excluded. |
228 | 00:14:46,880 | 00:14:48,650 | Who can get the drug problem under control better? | Who can get the drug problem under control better? |
229 | 00:14:48,750 | 00:14:51,350 | I propose to be mayor of all of the people. | I propose to be mayor of all of the people. |
230 | 00:14:51,450 | 00:14:52,820 | Take our city back. | Take our city back. |
231 | 00:14:52,920 | 00:14:54,350 | Mayor of all the people. | Mayor of all the people. |
232 | 00:14:54,460 | 00:14:57,520 | The word impossible is just not in my vocabulary. | The word impossible is just not in my vocabulary. |
233 | 00:14:57,630 | 00:15:01,190 | We owe it to our children not to give up, give in, or turn back. | We owe it to our children not to give up, give in, or turn back. |
234 | 00:15:01,300 | 00:15:05,200 | Biggest of all American cities has a black mayor, David Dinkins. | Biggest of all American cities has a black mayor, David Dinkins. |
235 | 00:15:05,300 | 00:15:07,930 | Dinkins beat republican Rudolph Giuliani tonight. | Dinkins beat republican Rudolph Giuliani tonight. |
236 | 00:15:09,670 | 00:15:14,640 | David Dinkins' message of racial harmony was the key to that race. | David Dinkins' message of racial harmony was the key to that race. |
237 | 00:15:14,740 | 00:15:18,810 | It wasn't the time for a prosecutor, it was the time for harmony. | It wasn't the time for a prosecutor, it was the time for harmony. |
238 | 00:15:19,610 | 00:15:23,650 | In the end, it was one of the closest mayoral elections in the history of New York. | In the end, it was one of the closest mayoral elections in the history of New York. |
239 | 00:15:23,750 | 00:15:28,690 | It was close. You win by one vote, you're still the winner. | It was close. You win by one vote, you're still the winner. |
240 | 00:15:28,790 | 00:15:31,460 | I've just spoken to Major-Elect David Dinkins. | I've just spoken to Major-Elect David Dinkins. |
241 | 00:15:31,560 | 00:15:36,530 | -[crowd booing] -No! No! No! No! | -[crowd booing] -No! No! No! No! |
242 | 00:15:36,630 | 00:15:39,170 | Quiet! Quiet!! | Quiet! Quiet!! |
243 | 00:15:41,870 | 00:15:43,840 | Simply put, this was David Dinkins' time. | Simply put, this was David Dinkins' time. |
244 | 00:15:43,940 | 00:15:46,910 | In the days ahead, I will meet with him and I will reach out | In the days ahead, I will meet with him and I will reach out |
245 | 00:15:47,010 | 00:15:48,910 | to the many others across this city. | to the many others across this city. |
246 | 00:15:49,380 | 00:15:52,510 | [Kirtzman] In many ways, Giuliani's run for mayor was an embarrassment. | [Kirtzman] In many ways, Giuliani's run for mayor was an embarrassment. |
247 | 00:15:52,610 | 00:15:56,920 | This was a person who had a very, very strong reputation. | This was a person who had a very, very strong reputation. |
248 | 00:15:57,020 | 00:16:01,090 | After the loss to Dinkins, he says that the election was stolen from him | After the loss to Dinkins, he says that the election was stolen from him |
249 | 00:16:01,190 | 00:16:05,860 | because a lot of blacks and Puerto Ricans voted illegally in the outer boroughs. | because a lot of blacks and Puerto Ricans voted illegally in the outer boroughs. |
250 | 00:16:05,960 | 00:16:11,860 | There's no evidence, but one of the defining characteristics of Rudy Giuliani | There's no evidence, but one of the defining characteristics of Rudy Giuliani |
251 | 00:16:11,970 | 00:16:16,600 | is vindictiveness, is a desire to avenge any kind of defeat. | is vindictiveness, is a desire to avenge any kind of defeat. |
252 | 00:16:16,710 | 00:16:19,210 | And you can see that in 1989. | And you can see that in 1989. |
253 | 00:16:19,470 | 00:16:25,240 | One of the fascinating things about the Giuliani story is that it was always hard to tell, | One of the fascinating things about the Giuliani story is that it was always hard to tell, |
254 | 00:16:25,350 | 00:16:28,720 | on any given day, whether this was a good man or an evil man. | on any given day, whether this was a good man or an evil man. |
255 | 00:16:28,820 | 00:16:32,620 | Through the lens of that time, you would have said he saw wrong doing | Through the lens of that time, you would have said he saw wrong doing |
256 | 00:16:32,720 | 00:16:36,260 | and was determined to punish it and halt it by any means necessary. | and was determined to punish it and halt it by any means necessary. |
257 | 00:16:36,360 | 00:16:40,030 | I think you might look back and decide maybe he is a man who really, | I think you might look back and decide maybe he is a man who really, |
258 | 00:16:40,130 | 00:16:42,900 | in some ways, is no different than the people he prosecuted. | in some ways, is no different than the people he prosecuted. |
259 | 00:16:43,000 | 00:16:46,970 | He just had different tools in which to exercise his will to power. | He just had different tools in which to exercise his will to power. |
260 | 00:16:47,070 | 00:16:52,270 | In the totality of Giuliani's career, there was too much good and bad. | In the totality of Giuliani's career, there was too much good and bad. |
261 | 00:16:56,410 | 00:16:59,650 | [journalist] Morning, Mr. Gotti. What about all this news of more indictments? | [journalist] Morning, Mr. Gotti. What about all this news of more indictments? |
262 | 00:16:59,750 | 00:17:01,310 | You think the government's gonna frame you? | You think the government's gonna frame you? |
263 | 00:17:01,420 | 00:17:04,350 | You guys [inaudible]. | You guys [inaudible]. |
264 | 00:17:04,450 | 00:17:08,190 | Throughout the late 80s, New York's most notorious gangster had captivated | Throughout the late 80s, New York's most notorious gangster had captivated |
265 | 00:17:08,290 | 00:17:12,460 | the nation by strutting for cameras and skillfully dodging law enforcement. | the nation by strutting for cameras and skillfully dodging law enforcement. |
266 | 00:17:12,560 | 00:17:16,260 | But, in 1990, the feds had snagged him again | But, in 1990, the feds had snagged him again |
267 | 00:17:16,360 | 00:17:19,530 | and this time they had his own words to use against him. | and this time they had his own words to use against him. |
268 | 00:17:21,440 | 00:17:24,700 | Secret FBI tapes of reputed mob boss, John Gotti, | Secret FBI tapes of reputed mob boss, John Gotti, |
269 | 00:17:24,810 | 00:17:28,210 | reveal the dark and violent world of the Gambino crime family. | reveal the dark and violent world of the Gambino crime family. |
270 | 00:17:36,250 | 00:17:38,850 | [newsreader] Most of the discussions took place in an apartment | [newsreader] Most of the discussions took place in an apartment |
271 | 00:17:38,950 | 00:17:42,460 | two floors above Gotti's Ravenite social club in Little Italy, | two floors above Gotti's Ravenite social club in Little Italy, |
272 | 00:17:42,560 | 00:17:46,630 | an apartment that Gotti had no idea was bugged by the FBI. | an apartment that Gotti had no idea was bugged by the FBI. |
273 | 00:17:46,730 | 00:17:51,030 | Clearly, the man Gotti considers his closest ally, according to the tapes, | Clearly, the man Gotti considers his closest ally, according to the tapes, |
274 | 00:17:51,130 | 00:17:54,370 | is this man, Sam "Sammy the Bull" Gravano. | is this man, Sam "Sammy the Bull" Gravano. |
275 | 00:17:54,470 | 00:17:59,370 | About a year or so before we take them off the street, | About a year or so before we take them off the street, |
276 | 00:17:59,470 | 00:18:02,910 | John Gotti made Sammy the underboss of the family. | John Gotti made Sammy the underboss of the family. |
277 | 00:18:03,910 | 00:18:07,350 | Sammy had the reputation of being a shooter and a killer. | Sammy had the reputation of being a shooter and a killer. |
278 | 00:18:07,450 | 00:18:10,720 | So, he made sure that kind of stuff got done for John Gotti. | So, he made sure that kind of stuff got done for John Gotti. |
279 | 00:18:12,290 | 00:18:17,560 | Right now, Gotti and Gravano were both behind bars together, awaiting trial, | Right now, Gotti and Gravano were both behind bars together, awaiting trial, |
280 | 00:18:17,660 | 00:18:20,230 | and Sammy Bull had had listened to some of the tapes. | and Sammy Bull had had listened to some of the tapes. |
281 | 00:18:26,730 | 00:18:30,500 | They got the tapes, 'cause they get to listen to the evidence | They got the tapes, 'cause they get to listen to the evidence |
282 | 00:18:30,610 | 00:18:33,470 | that the government's gonna present, and Sammy started hearing | that the government's gonna present, and Sammy started hearing |
283 | 00:18:33,580 | 00:18:37,280 | what John was saying in some of the conversations that he wasn't part of. | what John was saying in some of the conversations that he wasn't part of. |
284 | 00:18:43,750 | 00:18:47,720 | Gotti's bad-mouthing Gravano, Sammy's turning red, he just wants to burst. | Gotti's bad-mouthing Gravano, Sammy's turning red, he just wants to burst. |
285 | 00:18:54,260 | 00:18:59,770 | Gotti was basically blaming him for all the murders that he was authorizing. | Gotti was basically blaming him for all the murders that he was authorizing. |
286 | 00:18:59,870 | 00:19:04,100 | That was it. He and John were now on the outs and, you know, | That was it. He and John were now on the outs and, you know, |
287 | 00:19:04,210 | 00:19:07,440 | I'm gonna take you out, you're gonna take me out. This isn't gonna end well. | I'm gonna take you out, you're gonna take me out. This isn't gonna end well. |
288 | 00:19:07,540 | 00:19:12,610 | And that's what, you know, put it in his head that he needed to find another way out. | And that's what, you know, put it in his head that he needed to find another way out. |
289 | 00:19:12,710 | 00:19:14,210 | He pricks your finger. | He pricks your finger. |
290 | 00:19:14,320 | 00:19:15,380 | [man] Who? Who? | [man] Who? Who? |
291 | 00:19:15,480 | 00:19:17,550 | The Godfather. | The Godfather. |
292 | 00:19:17,650 | 00:19:20,820 | [newsreader] Since Jo Valachi became the first sworn member of La Cosa Nostra | [newsreader] Since Jo Valachi became the first sworn member of La Cosa Nostra |
293 | 00:19:20,920 | 00:19:24,820 | to break the code of silence, only a small handful of low-level hoods | to break the code of silence, only a small handful of low-level hoods |
294 | 00:19:24,930 | 00:19:28,900 | have chosen to follow in violating that sacred code of omertà . | have chosen to follow in violating that sacred code of omertà . |
295 | 00:19:29,630 | 00:19:34,670 | Well, the most significant rule in the mafia, the rule that enabled them to prevail | Well, the most significant rule in the mafia, the rule that enabled them to prevail |
296 | 00:19:34,770 | 00:19:38,670 | and to succeed for as long as they did, was the rule of omertà , that is silence. | and to succeed for as long as they did, was the rule of omertà , that is silence. |
297 | 00:19:38,770 | 00:19:41,770 | You can't rat anyone out. If you're caught, you go and do your time, | You can't rat anyone out. If you're caught, you go and do your time, |
298 | 00:19:41,880 | 00:19:42,780 | you keep your mouth shut. | you keep your mouth shut. |
299 | 00:19:44,580 | 00:19:47,180 | Just now Sammy "The Bull" Gravano listened to the tapes. | Just now Sammy "The Bull" Gravano listened to the tapes. |
300 | 00:19:47,280 | 00:19:48,750 | He knew that his goose was cooked. | He knew that his goose was cooked. |
301 | 00:19:51,050 | 00:19:54,490 | Sammy Bull got the sense that he could get himself a good deal. | Sammy Bull got the sense that he could get himself a good deal. |
302 | 00:19:58,760 | 00:20:02,330 | Sammy sent word that he wanted to speak to us. | Sammy sent word that he wanted to speak to us. |
303 | 00:20:03,770 | 00:20:06,370 | We had to go to the jail to take him out. | We had to go to the jail to take him out. |
304 | 00:20:08,740 | 00:20:12,440 | [McDonald] So, they bring down Sammy, he gets in the car and we drive to a safe house. | [McDonald] So, they bring down Sammy, he gets in the car and we drive to a safe house. |
305 | 00:20:12,540 | 00:20:18,810 | I asked Sammy, says, "Tell us about the Castellano body murder." "Okay." | I asked Sammy, says, "Tell us about the Castellano body murder." "Okay." |
306 | 00:20:18,910 | 00:20:23,520 | So he just went from A to Z. I remember drawing a little map showing East 46th Street. | So he just went from A to Z. I remember drawing a little map showing East 46th Street. |
307 | 00:20:23,620 | 00:20:27,550 | "I was here with John. You're the shooters," you do the whole thing. | "I was here with John. You're the shooters," you do the whole thing. |
308 | 00:20:28,420 | 00:20:31,290 | He heard the tapes, he said, "Everything's accurate on it. | He heard the tapes, he said, "Everything's accurate on it. |
309 | 00:20:31,390 | 00:20:37,830 | I mean, you guys have us dead to rights, but, you know, he put me in those five murders | I mean, you guys have us dead to rights, but, you know, he put me in those five murders |
310 | 00:20:37,930 | 00:20:40,230 | and I'm gonna do life for it." He said, | and I'm gonna do life for it." He said, |
311 | 00:20:40,340 | 00:20:44,070 | "And you guys, I can trust you more than I can trust the mob." | "And you guys, I can trust you more than I can trust the mob." |
312 | 00:20:44,170 | 00:20:46,410 | He says, "I wanna join Team America." | He says, "I wanna join Team America." |
313 | 00:20:47,540 | 00:20:51,540 | John found out within that night, word got to him Sammy had been pulled out | John found out within that night, word got to him Sammy had been pulled out |
314 | 00:20:51,650 | 00:20:54,580 | and he knew it was over, just died inside. | and he knew it was over, just died inside. |
315 | 00:20:55,080 | 00:20:58,750 | [newsreader] Sammy "The Bull" Gravano has been transferred out of a federal prison | [newsreader] Sammy "The Bull" Gravano has been transferred out of a federal prison |
316 | 00:20:58,850 | 00:21:00,920 | and is reportedly talking to prosecutors-- | and is reportedly talking to prosecutors-- |
317 | 00:21:01,020 | 00:21:04,360 | [newsreader 2] John Gotti's closest ally, facing 50 years in prison, | [newsreader 2] John Gotti's closest ally, facing 50 years in prison, |
318 | 00:21:04,460 | 00:21:06,560 | has joined the ranks of the squealers. | has joined the ranks of the squealers. |
319 | 00:21:06,660 | 00:21:12,400 | The decision by Sammy Gravano to testify is certainly a big, big event. | The decision by Sammy Gravano to testify is certainly a big, big event. |
320 | 00:21:12,500 | 00:21:14,530 | He knows where all the bodies are buried. | He knows where all the bodies are buried. |
321 | 00:21:14,640 | 00:21:18,170 | Every news organization in the city was covering it. | Every news organization in the city was covering it. |
322 | 00:21:18,270 | 00:21:22,440 | People inside, people outside the courthouse, people watching, people who came. | People inside, people outside the courthouse, people watching, people who came. |
323 | 00:21:22,540 | 00:21:24,780 | It was a huge thing. | It was a huge thing. |
324 | 00:21:24,880 | 00:21:29,580 | In New York, the Gotti trial is the hottest show off Broadway with spectators lining up | In New York, the Gotti trial is the hottest show off Broadway with spectators lining up |
325 | 00:21:29,680 | 00:21:34,620 | as early as two in the morning, waiting hours for a chance to get inside the courtroom. | as early as two in the morning, waiting hours for a chance to get inside the courtroom. |
326 | 00:21:34,720 | 00:21:37,990 | Mickey Rourke showed up, Anthony Quinn showed up. | Mickey Rourke showed up, Anthony Quinn showed up. |
327 | 00:21:38,090 | 00:21:41,390 | This is one of the great dramas that's going on today. | This is one of the great dramas that's going on today. |
328 | 00:21:41,500 | 00:21:45,230 | A lot of people showed up to express their, you know, | A lot of people showed up to express their, you know, |
329 | 00:21:45,330 | 00:21:49,070 | concern and allegiance with poor John Gotti, | concern and allegiance with poor John Gotti, |
330 | 00:21:49,170 | 00:21:53,740 | who was being fingered by Sammy Gravano, the rat. | who was being fingered by Sammy Gravano, the rat. |
331 | 00:21:57,010 | 00:22:01,110 | The trial of reputed mob leader, John Gotti, has begun in New York City. | The trial of reputed mob leader, John Gotti, has begun in New York City. |
332 | 00:22:02,650 | 00:22:04,950 | [Gabriel] When Sammy came out, you could have cut the air with a knife. | [Gabriel] When Sammy came out, you could have cut the air with a knife. |
333 | 00:22:05,050 | 00:22:07,750 | I mean, it just... the two of them stared each other down. | I mean, it just... the two of them stared each other down. |
334 | 00:22:08,720 | 00:22:11,490 | I still think John probably felt sicker than Sammy. | I still think John probably felt sicker than Sammy. |
335 | 00:22:11,590 | 00:22:16,530 | If looks could kill, there were two people who would be falling down dead. | If looks could kill, there were two people who would be falling down dead. |
336 | 00:22:18,400 | 00:22:22,170 | He was a great witness. John Gotti barked, I bit. | He was a great witness. John Gotti barked, I bit. |
337 | 00:22:22,270 | 00:22:26,470 | He owned up to the crimes he committed and he fingered John Gotti | He owned up to the crimes he committed and he fingered John Gotti |
338 | 00:22:26,570 | 00:22:31,810 | for the murders that he authorized and running the crime family in his image. | for the murders that he authorized and running the crime family in his image. |
339 | 00:22:31,910 | 00:22:35,350 | He nailed him, you know, to the cross. | He nailed him, you know, to the cross. |
340 | 00:22:36,020 | 00:22:40,320 | Good morning, everybody. Mob boss, John Gotti, is facing life in prison | Good morning, everybody. Mob boss, John Gotti, is facing life in prison |
341 | 00:22:40,420 | 00:22:43,260 | after being convicted of all 13 counts against him. | after being convicted of all 13 counts against him. |
342 | 00:22:43,360 | 00:22:47,190 | The jury concluded that he was responsible for murdering five associates | The jury concluded that he was responsible for murdering five associates |
343 | 00:22:47,300 | 00:22:51,000 | in the Gambino crime family and was guilty of racketeering charges. | in the Gambino crime family and was guilty of racketeering charges. |
344 | 00:22:52,070 | 00:22:57,870 | [Capeci] When the verdict came in, he just sat there. He tried to keep a stiff upper lip, | [Capeci] When the verdict came in, he just sat there. He tried to keep a stiff upper lip, |
345 | 00:22:57,970 | 00:23:01,710 | but he knew that he was dead in the water, | but he knew that he was dead in the water, |
346 | 00:23:01,810 | 00:23:04,980 | convicted, and gonna go to jail for the rest of his life. | convicted, and gonna go to jail for the rest of his life. |
347 | 00:23:05,580 | 00:23:11,820 | The Teflon has gone. The don is covered with Velcro and every charge in the indictment stuck. | The Teflon has gone. The don is covered with Velcro and every charge in the indictment stuck. |
348 | 00:23:11,920 | 00:23:16,190 | Outside, hundreds of Gotti supporters, outraged by that sentence, | Outside, hundreds of Gotti supporters, outraged by that sentence, |
349 | 00:23:16,290 | 00:23:18,460 | tried to storm the Brooklyn courthouse. | tried to storm the Brooklyn courthouse. |
350 | 00:23:18,860 | 00:23:22,190 | The immediate reaction was a bunch of lunatics went down to the courthouse | The immediate reaction was a bunch of lunatics went down to the courthouse |
351 | 00:23:22,300 | 00:23:26,630 | and started overturning cars. And people started screaming, "Free John Gotti." | and started overturning cars. And people started screaming, "Free John Gotti." |
352 | 00:23:29,540 | 00:23:33,910 | John Gotti took power of the mob at the right time. | John Gotti took power of the mob at the right time. |
353 | 00:23:34,010 | 00:23:40,810 | He was someone who was out there when the media was looking for a godfather. | He was someone who was out there when the media was looking for a godfather. |
354 | 00:23:41,750 | 00:23:44,250 | [Andersen] There was a kind of nostalgia aspect | [Andersen] There was a kind of nostalgia aspect |
355 | 00:23:44,350 | 00:23:48,090 | to John Gotti becoming this famous figure in the 80s. | to John Gotti becoming this famous figure in the 80s. |
356 | 00:23:49,060 | 00:23:53,360 | Mafiosi were regarded as high-stakes entertainment figures. | Mafiosi were regarded as high-stakes entertainment figures. |
357 | 00:23:53,460 | 00:23:55,860 | They could kill each other, they could become famous, they wear fancy suits | They could kill each other, they could become famous, they wear fancy suits |
358 | 00:23:55,960 | 00:24:00,830 | and be on television all the time. And like, they're not gonna kill me, | and be on television all the time. And like, they're not gonna kill me, |
359 | 00:24:00,940 | 00:24:03,270 | they're not gonna kill my children, so, like, fine. | they're not gonna kill my children, so, like, fine. |
360 | 00:24:03,370 | 00:24:06,570 | [Gabriel] I think John was a product of what was going on in the 80s. | [Gabriel] I think John was a product of what was going on in the 80s. |
361 | 00:24:06,670 | 00:24:09,280 | The page six stuff was becoming big. | The page six stuff was becoming big. |
362 | 00:24:09,380 | 00:24:14,610 | Just being recognized on any platform was significant | Just being recognized on any platform was significant |
363 | 00:24:14,720 | 00:24:17,750 | and he fed into that. I mean, it consumed him. | and he fed into that. I mean, it consumed him. |
364 | 00:24:17,850 | 00:24:21,390 | [McDonald] I don't know what Gotti was thinking because nobody ever gets away with it. | [McDonald] I don't know what Gotti was thinking because nobody ever gets away with it. |
365 | 00:24:21,490 | 00:24:24,490 | Eventually, they're gonna get caught, unless they just die in their own beds. | Eventually, they're gonna get caught, unless they just die in their own beds. |
366 | 00:24:24,590 | 00:24:26,930 | But I guess he enjoyed his run while he had it. | But I guess he enjoyed his run while he had it. |
367 | 00:24:27,030 | 00:24:29,560 | All that acclaim and notoriety and attention. | All that acclaim and notoriety and attention. |
368 | 00:24:29,660 | 00:24:30,960 | Something that he craved. | Something that he craved. |
369 | 00:24:32,500 | 00:24:37,400 | Whatever power the mafia had, it's gone. The mafia would never be the same | Whatever power the mafia had, it's gone. The mafia would never be the same |
370 | 00:24:37,510 | 00:24:41,470 | once John Gotti was put in charge and then once he goes away. | once John Gotti was put in charge and then once he goes away. |
371 | 00:24:48,780 | 00:24:53,750 | Been a big week on Wall Street all this week. It flirted with the 3000 mark, | Been a big week on Wall Street all this week. It flirted with the 3000 mark, |
372 | 00:24:53,860 | 00:24:58,520 | Many of the rich and famous now are not as rich and some are infamous. | Many of the rich and famous now are not as rich and some are infamous. |
373 | 00:24:58,630 | 00:25:03,630 | By 1990, the stock market may have recovered from the crash of '87, | By 1990, the stock market may have recovered from the crash of '87, |
374 | 00:25:03,730 | 00:25:07,270 | but the verdict was in. Greed was no longer good. | but the verdict was in. Greed was no longer good. |
375 | 00:25:07,370 | 00:25:11,700 | These are card-carrying, crashing egotists. | These are card-carrying, crashing egotists. |
376 | 00:25:11,810 | 00:25:15,810 | The heroes of the 1980s had become villains right before our eyes. | The heroes of the 1980s had become villains right before our eyes. |
377 | 00:25:15,910 | 00:25:19,310 | [newsreader] Another fallen mogul with a big ego, Ivan Boesky. | [newsreader] Another fallen mogul with a big ego, Ivan Boesky. |
378 | 00:25:19,410 | 00:25:23,720 | He bribed people to give him inside information and made millions. | He bribed people to give him inside information and made millions. |
379 | 00:25:23,820 | 00:25:29,150 | [Auletta] Ivan Boesky, he's not a guy who's gonna be on a magazine cover ever again. | [Auletta] Ivan Boesky, he's not a guy who's gonna be on a magazine cover ever again. |
380 | 00:25:29,260 | 00:25:32,960 | But he did it. We're not doing it to him, he did it, | But he did it. We're not doing it to him, he did it, |
381 | 00:25:33,060 | 00:25:34,830 | and therefore should pay a price. | and therefore should pay a price. |
382 | 00:25:35,530 | 00:25:38,000 | [newsreader] Boesky served his time, grew a beard, | [newsreader] Boesky served his time, grew a beard, |
383 | 00:25:38,100 | 00:25:42,130 | and was last seen testifying against a former friend in court. | and was last seen testifying against a former friend in court. |
384 | 00:25:42,240 | 00:25:44,400 | Ivan Boesky, or Dennis Levine, | Ivan Boesky, or Dennis Levine, |
385 | 00:25:44,510 | 00:25:48,370 | or some of the other perpetrators, they were pariahs. | or some of the other perpetrators, they were pariahs. |
386 | 00:25:48,480 | 00:25:53,050 | [Madrick] Ivan Boesky was a tragic figure, partly because he had talents. | [Madrick] Ivan Boesky was a tragic figure, partly because he had talents. |
387 | 00:25:53,150 | 00:25:58,250 | He was very disciplined, he worked very hard, but in the end, | He was very disciplined, he worked very hard, but in the end, |
388 | 00:25:58,350 | 00:26:02,420 | the lesson of New York in the 80s is, greed wins out. | the lesson of New York in the 80s is, greed wins out. |
389 | 00:26:02,520 | 00:26:06,530 | As fate set in and former masters of the universe were shamed by the city | As fate set in and former masters of the universe were shamed by the city |
390 | 00:26:06,630 | 00:26:10,100 | that once worshiped them, one wasn't giving up without a fight. | that once worshiped them, one wasn't giving up without a fight. |
391 | 00:26:10,200 | 00:26:13,230 | Harry and Leona Helmsley, one of the world's wealthiest couples, | Harry and Leona Helmsley, one of the world's wealthiest couples, |
392 | 00:26:13,330 | 00:26:15,940 | are charged tonight with cheating on their income taxes. | are charged tonight with cheating on their income taxes. |
393 | 00:26:16,040 | 00:26:19,570 | Accompanied by her husband, Harry, who wasn't well enough to stand trial, | Accompanied by her husband, Harry, who wasn't well enough to stand trial, |
394 | 00:26:19,670 | 00:26:21,910 | and pushing her way through a mob of photographers, | and pushing her way through a mob of photographers, |
395 | 00:26:22,010 | 00:26:24,540 | Leona Helmsley arrives to learn her sentence. | Leona Helmsley arrives to learn her sentence. |
396 | 00:26:24,650 | 00:26:26,310 | Hang 'em by the toes. [laughs] | Hang 'em by the toes. [laughs] |
397 | 00:26:26,410 | 00:26:28,080 | I think she should be given the maximum. | I think she should be given the maximum. |
398 | 00:26:29,750 | 00:26:34,490 | [Devita] Leona Helmsley was convicted of income tax evasion and aiding and assisting | [Devita] Leona Helmsley was convicted of income tax evasion and aiding and assisting |
399 | 00:26:34,590 | 00:26:39,260 | in the preparation of false tax returns. She was also found guilty for mail fraud | in the preparation of false tax returns. She was also found guilty for mail fraud |
400 | 00:26:39,360 | 00:26:42,960 | relating to the New York state income tax return. | relating to the New York state income tax return. |
401 | 00:26:43,700 | 00:26:46,070 | [newsreader] Leona Helmsley won't go to prison right away. | [newsreader] Leona Helmsley won't go to prison right away. |
402 | 00:26:46,170 | 00:26:49,300 | She left court with her husband, free on bail to prepare an appeal. | She left court with her husband, free on bail to prepare an appeal. |
403 | 00:26:49,400 | 00:26:53,140 | I've done nothing wrong. I have done nothing wrong. | I've done nothing wrong. I have done nothing wrong. |
404 | 00:26:53,240 | 00:26:55,570 | Leona Helmsley felt she was innocent. | Leona Helmsley felt she was innocent. |
405 | 00:26:55,680 | 00:26:57,410 | I'm innocent. | I'm innocent. |
406 | 00:26:57,510 | 00:27:00,980 | And that she was indicted only because "I'm Leona Helmsley." | And that she was indicted only because "I'm Leona Helmsley." |
407 | 00:27:02,150 | 00:27:08,390 | That had she been a man in business, she clearly would have walked | That had she been a man in business, she clearly would have walked |
408 | 00:27:08,490 | 00:27:10,220 | or been elected president. | or been elected president. |
409 | 00:27:11,560 | 00:27:13,490 | Once she was indicted, | Once she was indicted, |
410 | 00:27:13,590 | 00:27:18,300 | Leona Helmsley hired Gerald Feffer to defend her. He did not win the case. | Leona Helmsley hired Gerald Feffer to defend her. He did not win the case. |
411 | 00:27:19,400 | 00:27:23,170 | Of course, he went from being her hero to being some awful person, | Of course, he went from being her hero to being some awful person, |
412 | 00:27:23,270 | 00:27:25,470 | so she replaced him with Alan Dershowitz. | so she replaced him with Alan Dershowitz. |
413 | 00:27:25,570 | 00:27:29,140 | [newsreader] Power defense attorney, Alan Dershowitz, has promised to take her case | [newsreader] Power defense attorney, Alan Dershowitz, has promised to take her case |
414 | 00:27:29,240 | 00:27:31,510 | all the way to the Supreme Court if necessary. | all the way to the Supreme Court if necessary. |
415 | 00:27:32,210 | 00:27:38,280 | The joke is over! We're talking about putting a 71-year-old woman | The joke is over! We're talking about putting a 71-year-old woman |
416 | 00:27:38,390 | 00:27:42,590 | with an ailing husband in jail! Enough is enough! | with an ailing husband in jail! Enough is enough! |
417 | 00:27:42,690 | 00:27:47,930 | We will file our brief in three weeks and we will approve and assert... | We will file our brief in three weeks and we will approve and assert... |
418 | 00:27:48,030 | 00:27:49,760 | -We will win. -...total innocence. | -We will win. -...total innocence. |
419 | 00:27:49,860 | 00:27:51,630 | At the urging of her new attorney, | At the urging of her new attorney, |
420 | 00:27:51,730 | 00:27:53,830 | the Queen of Mean embarked on a media tour | the Queen of Mean embarked on a media tour |
421 | 00:27:53,930 | 00:27:56,170 | to rehabilitate her public image... | to rehabilitate her public image... |
422 | 00:27:56,270 | 00:27:58,970 | or at least let them know how unfairly she'd been treated. | or at least let them know how unfairly she'd been treated. |
423 | 00:27:59,070 | 00:28:02,980 | I got a $25 million bail. | I got a $25 million bail. |
424 | 00:28:03,080 | 00:28:08,010 | There's a man in Milwaukee that chops up people and eats them. | There's a man in Milwaukee that chops up people and eats them. |
425 | 00:28:08,350 | 00:28:12,220 | Revolting story. He got a million dollar's bail. | Revolting story. He got a million dollar's bail. |
426 | 00:28:12,320 | 00:28:15,390 | I've done nothing and look what they have done to us. | I've done nothing and look what they have done to us. |
427 | 00:28:15,490 | 00:28:18,020 | I did not do anything. | I did not do anything. |
428 | 00:28:18,130 | 00:28:20,490 | Not guilty, not guilty, not guilty. I am innocent. | Not guilty, not guilty, not guilty. I am innocent. |
429 | 00:28:20,590 | 00:28:24,360 | Why she was going on television was to gain sympathy, | Why she was going on television was to gain sympathy, |
430 | 00:28:24,470 | 00:28:28,230 | but you have to first apologize, which she never did. | but you have to first apologize, which she never did. |
431 | 00:28:28,340 | 00:28:31,640 | Leona blamed everybody for her own problems. | Leona blamed everybody for her own problems. |
432 | 00:28:31,740 | 00:28:34,740 | She blamed the prosecutor, Rudolph Giuliani. | She blamed the prosecutor, Rudolph Giuliani. |
433 | 00:28:34,840 | 00:28:37,180 | ...is out to get you, Leona? | ...is out to get you, Leona? |
434 | 00:28:37,280 | 00:28:41,980 | Oh yes. Mr Giuliani, there is no question about it. I was a great stepping stone for him. | Oh yes. Mr Giuliani, there is no question about it. I was a great stepping stone for him. |
435 | 00:28:42,580 | 00:28:48,190 | [Bagli] She blamed the ad company that developed the whole "Queen of the Hotels." | [Bagli] She blamed the ad company that developed the whole "Queen of the Hotels." |
436 | 00:28:48,290 | 00:28:54,530 | I think, for those that were more steeped in Leonaism, it was the perfect expression. | I think, for those that were more steeped in Leonaism, it was the perfect expression. |
437 | 00:28:54,930 | 00:29:00,370 | The Queen of the Mean, because she was such an unloving personality. | The Queen of the Mean, because she was such an unloving personality. |
438 | 00:29:01,740 | 00:29:05,870 | She was, in the perception of society, gratuitously cruel. | She was, in the perception of society, gratuitously cruel. |
439 | 00:29:05,970 | 00:29:11,840 | She really defined the archetypal paranoid bully. | She really defined the archetypal paranoid bully. |
440 | 00:29:11,950 | 00:29:14,510 | And that was her downfall. | And that was her downfall. |
441 | 00:29:17,120 | 00:29:19,720 | [newsreader] She's 71, she's given millions to charity. | [newsreader] She's 71, she's given millions to charity. |
442 | 00:29:19,820 | 00:29:23,420 | Her husband is gravely ill and she's on her way to prison. | Her husband is gravely ill and she's on her way to prison. |
443 | 00:29:24,260 | 00:29:30,430 | [Plaskin] She paid a seven million dollar fine, she was convicted to four years in jail, | [Plaskin] She paid a seven million dollar fine, she was convicted to four years in jail, |
444 | 00:29:30,530 | 00:29:34,870 | and 250 hours of community service. | and 250 hours of community service. |
445 | 00:29:34,970 | 00:29:37,470 | [newsreader] The judge has ordered her to begin serving her four-year | [newsreader] The judge has ordered her to begin serving her four-year |
446 | 00:29:37,570 | 00:29:41,710 | tax evasion sentence, ironically, on April 15, tax day. | tax evasion sentence, ironically, on April 15, tax day. |
447 | 00:29:42,980 | 00:29:45,940 | [singing] Everything we've heard about her is absolutely vile. | [singing] Everything we've heard about her is absolutely vile. |
448 | 00:29:46,050 | 00:29:52,280 | From the testimony tit-bits from her terrible trial. But her reign of terror is over, | From the testimony tit-bits from her terrible trial. But her reign of terror is over, |
449 | 00:29:52,390 | 00:29:55,450 | 'cause Leona's going to, yes, any day, she's going to-- | 'cause Leona's going to, yes, any day, she's going to-- |
450 | 00:29:55,560 | 00:30:00,490 | Leona's going to jail! | Leona's going to jail! |
451 | 00:30:04,370 | 00:30:06,400 | EvI wonder what Trump's game, is this time? | EvI wonder what Trump's game, is this time? |
452 | 00:30:06,500 | 00:30:08,670 | Mr. Trump! Mr. Trump, Mr. Trump. Mr. Trump, please. | Mr. Trump! Mr. Trump, Mr. Trump. Mr. Trump, please. |
453 | 00:30:08,770 | 00:30:10,700 | My new game is Trump, the Game. | My new game is Trump, the Game. |
454 | 00:30:10,810 | 00:30:15,070 | Trump, the Game. It's not whether you win or lose, it's whether you win. | Trump, the Game. It's not whether you win or lose, it's whether you win. |
455 | 00:30:15,180 | 00:30:17,340 | -Yes! -I think you'll like it. | -Yes! -I think you'll like it. |
456 | 00:30:17,440 | 00:30:21,050 | For years, the developer turned super star had been tempting fate | For years, the developer turned super star had been tempting fate |
457 | 00:30:21,150 | 00:30:26,250 | in matters both professional and personal, and now they were coming to a head. | in matters both professional and personal, and now they were coming to a head. |
458 | 00:30:26,350 | 00:30:29,350 | In Atlantic City, his casinos were teetering on the edge, | In Atlantic City, his casinos were teetering on the edge, |
459 | 00:30:29,460 | 00:30:31,920 | while his marriage was on equally shaky ground. | while his marriage was on equally shaky ground. |
460 | 00:30:32,030 | 00:30:37,030 | By the late 80s, he wants more and more and more in terms of objects, | By the late 80s, he wants more and more and more in terms of objects, |
461 | 00:30:37,130 | 00:30:41,600 | totems of wealth. But he also wants somebody else. | totems of wealth. But he also wants somebody else. |
462 | 00:30:41,700 | 00:30:45,700 | [newsreader] We think that's her on the right, or at least Donald Trump brought a woman | [newsreader] We think that's her on the right, or at least Donald Trump brought a woman |
463 | 00:30:45,810 | 00:30:49,940 | who looks a lot like Marla to a party thrown by Ted Tuner in 1988. | who looks a lot like Marla to a party thrown by Ted Tuner in 1988. |
464 | 00:30:50,040 | 00:30:56,480 | [Kruse] He was stowing Marla Maples in his casinos, in his hotels. | [Kruse] He was stowing Marla Maples in his casinos, in his hotels. |
465 | 00:30:56,580 | 00:30:59,420 | Eventually this would all come to light. | Eventually this would all come to light. |
466 | 00:31:02,320 | 00:31:06,190 | The chatter is getting louder and louder and louder. Then the story broke. | The chatter is getting louder and louder and louder. Then the story broke. |
467 | 00:31:06,290 | 00:31:09,290 | One of the nation's most publicly married couples | One of the nation's most publicly married couples |
468 | 00:31:09,400 | 00:31:11,630 | is heading for a very public divorce. | is heading for a very public divorce. |
469 | 00:31:11,730 | 00:31:15,600 | He was accused of consorting with an attractive young woman named Marla Maples. | He was accused of consorting with an attractive young woman named Marla Maples. |
470 | 00:31:15,700 | 00:31:18,000 | Lurid newspaper headlines made much of that. | Lurid newspaper headlines made much of that. |
471 | 00:31:18,110 | 00:31:23,510 | There is really nothing more Trumpian than the way their divorce played out. | There is really nothing more Trumpian than the way their divorce played out. |
472 | 00:31:23,610 | 00:31:28,610 | And it was all dished out and eaten up by the tabloids. | And it was all dished out and eaten up by the tabloids. |
473 | 00:31:30,990 | 00:31:33,820 | Marla Maples saying, "The best sex I ever had." | Marla Maples saying, "The best sex I ever had." |
474 | 00:31:33,920 | 00:31:37,120 | If that was said about most human beings, | If that was said about most human beings, |
475 | 00:31:37,220 | 00:31:40,660 | they would not get out of bed that day. Donald Trump glorified in it. | they would not get out of bed that day. Donald Trump glorified in it. |
476 | 00:31:40,760 | 00:31:42,460 | He said, "This is wonderful!" | He said, "This is wonderful!" |
477 | 00:31:42,560 | 00:31:46,270 | Well, she's a fantastic woman, but I won't say any more on that. | Well, she's a fantastic woman, but I won't say any more on that. |
478 | 00:31:46,370 | 00:31:47,970 | We're here to cover a boxing match. | We're here to cover a boxing match. |
479 | 00:31:49,600 | 00:31:53,840 | I mean, Ivana was... I've never seen anybody so heartbroken in my life as she was. | I mean, Ivana was... I've never seen anybody so heartbroken in my life as she was. |
480 | 00:31:53,940 | 00:31:56,480 | She was devastated. | She was devastated. |
481 | 00:31:56,580 | 00:31:58,440 | Poor thing! | Poor thing! |
482 | 00:31:58,550 | 00:32:01,450 | [newsreader] Some people think this first celebrity divorce of the 90s | [newsreader] Some people think this first celebrity divorce of the 90s |
483 | 00:32:01,550 | 00:32:04,320 | is something serious being turned into a circus. | is something serious being turned into a circus. |
484 | 00:32:04,420 | 00:32:06,320 | No matter who it is, separations are sad. | No matter who it is, separations are sad. |
485 | 00:32:06,420 | 00:32:12,390 | Ultimately, I think Ivana won. She was this sympathetic figure | Ultimately, I think Ivana won. She was this sympathetic figure |
486 | 00:32:12,490 | 00:32:17,330 | who had been wronged by her husband who was bragging about his affair | who had been wronged by her husband who was bragging about his affair |
487 | 00:32:17,430 | 00:32:22,030 | with another woman. It was not the best look for him. It was sort of the moment | with another woman. It was not the best look for him. It was sort of the moment |
488 | 00:32:22,140 | 00:32:27,010 | where he lost control of his ability to dictate what the narrative would be | where he lost control of his ability to dictate what the narrative would be |
489 | 00:32:27,110 | 00:32:30,340 | and that irked him more than just about anything. | and that irked him more than just about anything. |
490 | 00:32:30,440 | 00:32:34,180 | You have a lot of very dishonest reporters, in my opinion. And I mean dishonest. | You have a lot of very dishonest reporters, in my opinion. And I mean dishonest. |
491 | 00:32:34,280 | 00:32:37,550 | I'm not talking about they're slightly off, I mean they are totally dishonest, | I'm not talking about they're slightly off, I mean they are totally dishonest, |
492 | 00:32:37,650 | 00:32:39,690 | where they'll report things knowingly that they're wrong. | where they'll report things knowingly that they're wrong. |
493 | 00:32:39,790 | 00:32:45,360 | It is this demarcation point when we learn that Trump's gonna get divorced | It is this demarcation point when we learn that Trump's gonna get divorced |
494 | 00:32:46,290 | 00:32:50,860 | and Trump actually is probably not nearly as rich as we thought. | and Trump actually is probably not nearly as rich as we thought. |
495 | 00:32:51,630 | 00:32:57,940 | Stuff starts to unravel pretty quickly for Trump in 1990. | Stuff starts to unravel pretty quickly for Trump in 1990. |
496 | 00:33:00,070 | 00:33:01,910 | [Johnston] He can't pay the interest payments | [Johnston] He can't pay the interest payments |
497 | 00:33:02,010 | 00:33:04,540 | on The Taj Mahal, his newest casino. | on The Taj Mahal, his newest casino. |
498 | 00:33:04,650 | 00:33:10,380 | The Trump Shuttle collapses. He can't run the Plaza Hotel in New York | The Trump Shuttle collapses. He can't run the Plaza Hotel in New York |
499 | 00:33:10,480 | 00:33:12,050 | that he grossly overpaid for. | that he grossly overpaid for. |
500 | 00:33:12,150 | 00:33:15,450 | Within months, this was not a viable enterprise. | Within months, this was not a viable enterprise. |
501 | 00:33:15,560 | 00:33:20,260 | [newsreader] Donald could even lose the dome of his new gambling casino, The Taj Mahal. | [newsreader] Donald could even lose the dome of his new gambling casino, The Taj Mahal. |
502 | 00:33:20,360 | 00:33:23,360 | He hasn't finished paying for it and there's talk | He hasn't finished paying for it and there's talk |
503 | 00:33:23,460 | 00:33:26,030 | that the contractor might repossess it. | that the contractor might repossess it. |
504 | 00:33:26,270 | 00:33:28,800 | [newsreader 2] The Trump Organization, one of the glitziest companies | [newsreader 2] The Trump Organization, one of the glitziest companies |
505 | 00:33:28,900 | 00:33:31,970 | in America, confirmed today that it is in meetings with bankers | in America, confirmed today that it is in meetings with bankers |
506 | 00:33:32,070 | 00:33:34,370 | in an attempt to reorganize its vast debt. | in an attempt to reorganize its vast debt. |
507 | 00:33:34,480 | 00:33:38,980 | Over 1000 lawyers were working on this case. | Over 1000 lawyers were working on this case. |
508 | 00:33:39,080 | 00:33:43,320 | A thousand lawyers trying to sort out Donald Trump's finances. | A thousand lawyers trying to sort out Donald Trump's finances. |
509 | 00:33:43,420 | 00:33:46,550 | The New Jersey Casino Control Commission has unanimously approved | The New Jersey Casino Control Commission has unanimously approved |
510 | 00:33:46,650 | 00:33:51,460 | Donald Trump's bail out plan. That plan allows him to use his three Atlantic City casinos | Donald Trump's bail out plan. That plan allows him to use his three Atlantic City casinos |
511 | 00:33:51,560 | 00:33:54,730 | as collateral for a $65 million loan. | as collateral for a $65 million loan. |
512 | 00:33:54,830 | 00:34:00,070 | He borrowed so brazenly that he was, in effect, too big to fail. | He borrowed so brazenly that he was, in effect, too big to fail. |
513 | 00:34:00,170 | 00:34:02,330 | The banks did not let him go down. | The banks did not let him go down. |
514 | 00:34:02,440 | 00:34:07,010 | The banks can't afford to let him go broke. Katie, they would go broke, | The banks can't afford to let him go broke. Katie, they would go broke, |
515 | 00:34:07,110 | 00:34:11,310 | so they've got to let The Donald be The Donald. | so they've got to let The Donald be The Donald. |
516 | 00:34:11,410 | 00:34:15,780 | After casino regulators approved Donald Trump's out-of-court corporate bankruptcy | After casino regulators approved Donald Trump's out-of-court corporate bankruptcy |
517 | 00:34:15,880 | 00:34:18,080 | that he doesn't wanna call bankruptcy, what does he do? | that he doesn't wanna call bankruptcy, what does he do? |
518 | 00:34:18,190 | 00:34:20,790 | He walks out in front of the cameras and goes, this is a great day for Donald Trump. | He walks out in front of the cameras and goes, this is a great day for Donald Trump. |
519 | 00:34:20,890 | 00:34:22,690 | This is a huge victory. | This is a huge victory. |
520 | 00:34:22,790 | 00:34:24,790 | We had a great victory, I'm as happy as hell. Thank you very much. | We had a great victory, I'm as happy as hell. Thank you very much. |
521 | 00:34:24,890 | 00:34:27,290 | [Johnston] Well, you know what? It was! He didn't have to pay people back | [Johnston] Well, you know what? It was! He didn't have to pay people back |
522 | 00:34:27,390 | 00:34:32,260 | and he walked away a wealthy man, leaving all this damage behind him. | and he walked away a wealthy man, leaving all this damage behind him. |
523 | 00:34:32,370 | 00:34:35,030 | His empire is saved, at least temporarily. | His empire is saved, at least temporarily. |
524 | 00:34:35,140 | 00:34:37,600 | But his public image ain't what it used to be. | But his public image ain't what it used to be. |
525 | 00:34:41,110 | 00:34:46,180 | [Carswell] After he was exposed, it was time for America not to take him as seriously | [Carswell] After he was exposed, it was time for America not to take him as seriously |
526 | 00:34:46,280 | 00:34:48,950 | as we once did in the 1980s. | as we once did in the 1980s. |
527 | 00:34:50,220 | 00:34:52,880 | [Auletta] There was a good reason to think, by the early 90s, | [Auletta] There was a good reason to think, by the early 90s, |
528 | 00:34:52,990 | 00:34:59,460 | that Donald Trump's time had passed. He's not the success he claims to be, it was over. | that Donald Trump's time had passed. He's not the success he claims to be, it was over. |
529 | 00:34:59,560 | 00:35:02,390 | He was not in exile, exactly, | He was not in exile, exactly, |
530 | 00:35:02,500 | 00:35:07,070 | but considered to be a little bit closer to a clown. | but considered to be a little bit closer to a clown. |
531 | 00:35:07,770 | 00:35:11,470 | He was just a guy who was famous and had crazy hair. | He was just a guy who was famous and had crazy hair. |
532 | 00:35:12,310 | 00:35:15,810 | [singing] Green Acres is the place to be. | [singing] Green Acres is the place to be. |
533 | 00:35:15,910 | 00:35:19,340 | Farm living is the life for me! | Farm living is the life for me! |
534 | 00:35:19,450 | 00:35:22,380 | Mr. and Mrs. Donald Trump. | Mr. and Mrs. Donald Trump. |
535 | 00:35:22,480 | 00:35:28,990 | Donald Trump would show up sort of randomly in cameos in television shows, in movies. | Donald Trump would show up sort of randomly in cameos in television shows, in movies. |
536 | 00:35:29,090 | 00:35:32,420 | And in one of the Home Alone sequels, all of a sudden there's Donald Trump. | And in one of the Home Alone sequels, all of a sudden there's Donald Trump. |
537 | 00:35:32,530 | 00:35:36,500 | -Excuse me, where's the lobby? -Down the hall and to the left. -Thanks. | -Excuse me, where's the lobby? -Down the hall and to the left. -Thanks. |
538 | 00:35:36,600 | 00:35:39,160 | [Kruse] Anything to keep himself going. | [Kruse] Anything to keep himself going. |
539 | 00:35:40,600 | 00:35:47,170 | You know, when people ask me, "Well, what are his virtues?" Indefatigable... | You know, when people ask me, "Well, what are his virtues?" Indefatigable... |
540 | 00:35:47,270 | 00:35:52,280 | [announcer] Hey, look at this! Donald Trump! Donald Trump! [laughs] | [announcer] Hey, look at this! Donald Trump! Donald Trump! [laughs] |
541 | 00:35:52,380 | 00:35:53,550 | [Schwartz] ...relentless. | [Schwartz] ...relentless. |
542 | 00:35:53,650 | 00:35:56,380 | [announcer] The hostile take-over of Donald Trump! | [announcer] The hostile take-over of Donald Trump! |
543 | 00:35:56,480 | 00:36:01,720 | Here he was, last man standing, and that was the story that he told. | Here he was, last man standing, and that was the story that he told. |
544 | 00:36:01,820 | 00:36:06,120 | And pretty soon, people forgot about all the problems. | And pretty soon, people forgot about all the problems. |
545 | 00:36:07,090 | 00:36:12,230 | [Kruse] The most important thing Donald Trump learned was not to change his ways. | [Kruse] The most important thing Donald Trump learned was not to change his ways. |
546 | 00:36:12,330 | 00:36:16,230 | It was not to be more responsible with money. | It was not to be more responsible with money. |
547 | 00:36:16,340 | 00:36:19,940 | It was, "I can't be killed, I'm too big to fail." | It was, "I can't be killed, I'm too big to fail." |
548 | 00:36:20,040 | 00:36:24,280 | In spite of all the excesses of the 80s, he survived in the 90s | In spite of all the excesses of the 80s, he survived in the 90s |
549 | 00:36:24,380 | 00:36:30,880 | because of those excesses. What a take-away. | because of those excesses. What a take-away. |
550 | 00:36:41,760 | 00:36:44,660 | se of us old enough to remember the 1970s, | se of us old enough to remember the 1970s, |
551 | 00:36:45,430 | 00:36:49,570 | when we wander around New York today, we drive our children crazy. | when we wander around New York today, we drive our children crazy. |
552 | 00:36:50,440 | 00:36:57,410 | It used to be so dirty! It used to be so dangerous. It used to be decaying. | It used to be so dirty! It used to be so dangerous. It used to be decaying. |
553 | 00:37:03,320 | 00:37:07,920 | And all of a sudden it's as if Cinderella's fairy god mother came | And all of a sudden it's as if Cinderella's fairy god mother came |
554 | 00:37:08,020 | 00:37:13,590 | and eliminated crime and eliminated grime and made towers grow and made a city | and eliminated crime and eliminated grime and made towers grow and made a city |
555 | 00:37:13,690 | 00:37:17,060 | that looked like it was on its way to becoming the ash heap of history | that looked like it was on its way to becoming the ash heap of history |
556 | 00:37:17,160 | 00:37:19,400 | into the next great center of civilization. | into the next great center of civilization. |
557 | 00:37:21,940 | 00:37:24,540 | And yet, those things come with a cost. | And yet, those things come with a cost. |
558 | 00:37:24,940 | 00:37:28,770 | And New York City not only symbolizes all the great that occurred in the 1980s, | And New York City not only symbolizes all the great that occurred in the 1980s, |
559 | 00:37:28,880 | 00:37:31,740 | but the underlying hangover from the 1980s. | but the underlying hangover from the 1980s. |
560 | 00:37:34,620 | 00:37:39,080 | [Sorkin] In the 80s, the idea of the American dream was transported. | [Sorkin] In the 80s, the idea of the American dream was transported. |
561 | 00:37:39,190 | 00:37:44,860 | It became an individual dream. It was about individual success and individual power. | It became an individual dream. It was about individual success and individual power. |
562 | 00:37:45,360 | 00:37:49,860 | And we didn't, unfortunately, care enough about how they attained that success | And we didn't, unfortunately, care enough about how they attained that success |
563 | 00:37:49,960 | 00:37:51,560 | and how they attained that wealth. | and how they attained that wealth. |
564 | 00:37:52,500 | 00:37:57,040 | The American dream actually is very deceiving. | The American dream actually is very deceiving. |
565 | 00:37:57,840 | 00:38:02,370 | The self-flattering idea of America is a place where you play by the rules | The self-flattering idea of America is a place where you play by the rules |
566 | 00:38:02,480 | 00:38:08,650 | and you're industrious, you'll do well. Well, here are all these people | and you're industrious, you'll do well. Well, here are all these people |
567 | 00:38:08,750 | 00:38:15,050 | who became unreasonably, fabulously, financially successful by breaking the rules | who became unreasonably, fabulously, financially successful by breaking the rules |
568 | 00:38:15,160 | 00:38:19,060 | You will lie, you will cheat, you will steal, you will back-stab | You will lie, you will cheat, you will steal, you will back-stab |
569 | 00:38:19,160 | 00:38:21,430 | 'cause doing it the right way takes too long. | 'cause doing it the right way takes too long. |
570 | 00:38:21,530 | 00:38:28,370 | [newsreader] Money. Who's got it? Is there an unelected elite that rules our town? | [newsreader] Money. Who's got it? Is there an unelected elite that rules our town? |
571 | 00:38:28,470 | 00:38:33,840 | [Mahler] In the moment, it may seem as though it was just a temporary change, | [Mahler] In the moment, it may seem as though it was just a temporary change, |
572 | 00:38:33,940 | 00:38:37,940 | that America kind of lost its mind for a few years there in the 1980s. | that America kind of lost its mind for a few years there in the 1980s. |
573 | 00:38:38,050 | 00:38:40,250 | That all these people got their comeuppance. | That all these people got their comeuppance. |
574 | 00:38:40,350 | 00:38:43,320 | Whether it's Ivan Boesky, who became a pariah, | Whether it's Ivan Boesky, who became a pariah, |
575 | 00:38:43,920 | 00:38:48,450 | Donald Trump, whose company went bankrupt before, of course, reinventing himself, | Donald Trump, whose company went bankrupt before, of course, reinventing himself, |
576 | 00:38:48,560 | 00:38:52,420 | Leona Helmsley, who becomes a figure of total ridicule, | Leona Helmsley, who becomes a figure of total ridicule, |
577 | 00:38:52,530 | 00:38:55,360 | John Gotti, who finally gets nailed, | John Gotti, who finally gets nailed, |
578 | 00:38:55,460 | 00:38:58,600 | and Rudy Giuliani, who was ruthlessly ambitious, | and Rudy Giuliani, who was ruthlessly ambitious, |
579 | 00:38:58,700 | 00:39:01,800 | who lost his first mayoral race in 1989. | who lost his first mayoral race in 1989. |
580 | 00:39:01,900 | 00:39:06,500 | What seemed like kind of a fleeting moment is in fact a defining moment | What seemed like kind of a fleeting moment is in fact a defining moment |
581 | 00:39:06,610 | 00:39:10,540 | because the legacy of those years are what we are living with now. | because the legacy of those years are what we are living with now. |
582 | 00:39:10,640 | 00:39:14,710 | This obsession with wealth, with celebrity. This sort of turning away | This obsession with wealth, with celebrity. This sort of turning away |
583 | 00:39:14,820 | 00:39:19,180 | from the idea that it's part of your job as a citizen to take care of other people. | from the idea that it's part of your job as a citizen to take care of other people. |
584 | 00:39:20,420 | 00:39:24,720 | Today, there is so much anger spilled about the Kardashians | Today, there is so much anger spilled about the Kardashians |
585 | 00:39:25,030 | 00:39:28,730 | and Instagram influencers, how they have corrupted society, | and Instagram influencers, how they have corrupted society, |
586 | 00:39:28,830 | 00:39:31,160 | how these people don't deserve to be successful. | how these people don't deserve to be successful. |
587 | 00:39:31,260 | 00:39:35,130 | It's all based on nothing and based on a lie. But what we're seeing today, | It's all based on nothing and based on a lie. But what we're seeing today, |
588 | 00:39:35,240 | 00:39:37,900 | it started in New York in the 80s | it started in New York in the 80s |
589 | 00:39:38,000 | 00:39:42,640 | by people who were also making up their own realities, | by people who were also making up their own realities, |
590 | 00:39:42,740 | 00:39:45,210 | exaggerating their own successes. | exaggerating their own successes. |
591 | 00:39:45,310 | 00:39:49,480 | Greedy in a way that we had never seen before | Greedy in a way that we had never seen before |
592 | 00:39:49,580 | 00:39:53,790 | and willing to do whatever it took in order to propagate these myths. | and willing to do whatever it took in order to propagate these myths. |
593 | 00:39:56,090 | 00:40:01,190 | Wall Street, it's still fueled by the greed, by fear, by testosterone. | Wall Street, it's still fueled by the greed, by fear, by testosterone. |
594 | 00:40:01,290 | 00:40:04,900 | And so we can sit here and talk about Ivan Boesky and Michael Milkin | And so we can sit here and talk about Ivan Boesky and Michael Milkin |
595 | 00:40:05,000 | 00:40:08,530 | and young people beside the TV can say, "Who the heck are those guys?" | and young people beside the TV can say, "Who the heck are those guys?" |
596 | 00:40:08,640 | 00:40:13,240 | Well, the same guys that are working on Wall Street today, it's all the same. | Well, the same guys that are working on Wall Street today, it's all the same. |
597 | 00:40:13,340 | 00:40:14,940 | It's all the same, just different names. | It's all the same, just different names. |
598 | 00:40:15,740 | 00:40:18,380 | [James B. Stewart] And, we had another huge round | [James B. Stewart] And, we had another huge round |
599 | 00:40:18,480 | 00:40:23,280 | of insider trading scandals, again, in the 2000s. | of insider trading scandals, again, in the 2000s. |
600 | 00:40:24,020 | 00:40:26,280 | There is something about it, | There is something about it, |
601 | 00:40:26,390 | 00:40:31,120 | about the risk-free potential to make so much money, | about the risk-free potential to make so much money, |
602 | 00:40:31,220 | 00:40:34,090 | that some people just find irresistible. | that some people just find irresistible. |
603 | 00:40:37,160 | 00:40:41,430 | [Sorkin] I think, today, we see the underbelly of it. | [Sorkin] I think, today, we see the underbelly of it. |
604 | 00:40:41,540 | 00:40:46,300 | We see that so much of it was about smoke and mirrors, was a house of cards. | We see that so much of it was about smoke and mirrors, was a house of cards. |
605 | 00:40:46,410 | 00:40:50,140 | And I think that's been a real punch to the gut for a lot of people. | And I think that's been a real punch to the gut for a lot of people. |
606 | 00:40:50,240 | 00:40:53,450 | [crowd chanting] We want the 99 percent! | [crowd chanting] We want the 99 percent! |
607 | 00:40:53,550 | 00:40:56,480 | [newsreader] Hundreds have occupied Wall Street. Protesters gathered-- | [newsreader] Hundreds have occupied Wall Street. Protesters gathered-- |
608 | 00:40:56,580 | 00:40:59,320 | [crowd chanting] I can't breathe! I can't breathe! | [crowd chanting] I can't breathe! I can't breathe! |
609 | 00:40:59,420 | 00:41:04,460 | [newsreader] People spilling into the streets, their message underscored with star power. | [newsreader] People spilling into the streets, their message underscored with star power. |
610 | 00:41:05,360 | 00:41:08,290 | [Troy] There's so much anger and so much alienation | [Troy] There's so much anger and so much alienation |
611 | 00:41:08,400 | 00:41:11,460 | and so much fear and so much partisanship. | and so much fear and so much partisanship. |
612 | 00:41:11,570 | 00:41:14,930 | That great disconnect of today is rooted in the 1980s. | That great disconnect of today is rooted in the 1980s. |
613 | 00:41:15,640 | 00:41:17,700 | It's rooted in the high and the low. | It's rooted in the high and the low. |
614 | 00:41:17,800 | 00:41:22,410 | It's rooted in the great excess that also meant that we no longer judged ourselves | It's rooted in the great excess that also meant that we no longer judged ourselves |
615 | 00:41:22,510 | 00:41:25,680 | by normal standards, by our neighbor's standards, but by celebrity standards, | by normal standards, by our neighbor's standards, but by celebrity standards, |
616 | 00:41:25,780 | 00:41:28,480 | and it came at the cost of our souls. | and it came at the cost of our souls. |
617 | 00:41:32,820 | 00:41:36,120 | So, as we wander around New York City in the 21st century, | So, as we wander around New York City in the 21st century, |
618 | 00:41:36,220 | 00:41:40,360 | we start seeing symbols of the American Dream with an asterisk, | we start seeing symbols of the American Dream with an asterisk, |
619 | 00:41:40,460 | 00:41:44,760 | the American Dream tarnished, the American Dream at what cost? | the American Dream tarnished, the American Dream at what cost? |
620 | 00:42:17,530 | 00:42:19,730 | I, Donald John Trump, do solemnly swear-- | I, Donald John Trump, do solemnly swear-- |
620 | 00:42:17,530 | 00:42:19,730 | I, Donald John Trump, do solemnly swear-- | I, Donald John Trump, do solemnly swear-- |