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The Friday Cover is POLITICO Magazine's email of the week's best, delivered to your inbox every Friday morning.
Email Sign Up By signing up you agree to receive email newsletters or alerts from POLITICO.
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The Whale That Nearly Drowned The Donald How Trump schemed to win back millions from a high-rolling—and doomed—Japanese gambler.
In January 1992, a Japanese one-time billionaire named Akio Kashiwagi was found best gambling magazines in his palatial home near Mt.
The scene was gruesome.
The 54-year-old had been stabbed as many as 150 times.
By some reports the weapon of choice was a samurai-style sword.
Ostensibly a real estate investor, Best gambling magazines was a mysterious figure craps payout odds on to have underworld connections.
Story Continued Below And that is how he crossed paths with Donald J.
Trump, then a budding Atlantic City casino mogul.
In 1990 the two men had an epic and remarkably personal showdown in which millions of dollars changed hands in a matter of days, before it all ended in a flurry of recriminations.
Trump is obsessed with winning, a topic he usually brings up in the context of his merciless deal-making style.
But a crucial question about any would-be president who may be confronted with questions of war and peace is his attitude toward risk.
Some presidents—Barack Obama comes to mind—are highly averse to it.
Others roll the dice, as George W.
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In The Art of the Comeback, published in 1997, Trump explains that until he met Kashiwagi, he saw himself as an investor who dealt only in facts and reason.
But he did it shrewdly, summoning a former RAND Corporation mathematician to devise a plan that would maximize his chance of fleecing his Japanese guest.
At a party for friends and business partners the night before the fight, Trump took Tyson around the room for photos.
When Trump spotted one man standing alone in a corner, the mogul threw his arm around him and positioned him for a shot with Tyson.
That man was Akio Kashiwagi.
A few years earlier, Trump had begun an aggressive move into the Atlantic City casino business.
Retirees playing their Social Security checks would only get Trump so far.
Kashiwagi fit the bill.
His game was baccarat, a fast-paced card game similar to blackjack that is favored by James Bond.
He was also a murky figure.
Rumors swirled about his ties to the yakuza—perhaps explaining his aversion to photographers.
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Trump first heard about Kashiwagi from the late Sir James Goldsmith, a European financier slothville tv casino owner.
Too risky, he said.
He told Kashiwagi there was a penthouse waiting for him at the Trump Plaza.
A few days after dodging the photo with Trump and Best gambling magazines, Kashiwagi arrived in Atlantic City.
Trump greeted him with an autographed copy of The Art of the Deal.
Finally he reappeared on a Friday night.
With his black hair slicked back, Kashiwagi played marathon sessions at a table roped off for his private use.
Surrounded by bodyguards and watchful casino officials, he was supplied with hot towels and given a private bathroom; Trump even hired a Japanese chef to cook for him.
Amid the opulence, Kashiwagi cut a modest profile.
Dozens of low-rollers peered over a marble wall into a world they could barely fathom.
But the great whale Trump had harpooned was threatening to swamp his boat.
Trump was down a million dollars within half an hour.
Every casino game has a built-in advantage for the house.
But Trump grew alarmed as he focused on the fact that baccarat offers a relatively narrow dealer's edge.
Yes, he had speculated on real estate, based on sound judgment.
In what he says was a first, he called down to the casino floor late that night to check on the ledger.
Kashiwagi had so many chips he had to pile them on the floor.
But in public, Trump was typically unflappable.
He was speaking at 4 a.
Kashiwagi went on hot and cold streaks, enduring wild swings of best gambling magazines of best gambling magazines />He played quietly, sometimes just smiling when he lost hands.
But at times he flung his cards down in annoyance after losing, or made fists and opened them as if releasing frustrated energy.
He was becoming irritable, and the gawkers and multiplying news stories were spooking a man obsessed with privacy.
He abruptly announced that he was headed back to Tokyo.
this web page many people would retreat into shame and self-recrimination, Donald Trump doubled down.
He immediately courted Kashiwagi to make a return click the following article, like a heavyweight boxing rematch.
Behind the trademark bluster, however, Trump grew more calculated.
Having looked in the mirror and seen a gambler, he reverted to careful strategy.
Trump consulted More info Marcum, a mathematical probabilities expert who had been an early employee of the RAND Corporation—a government-affiliated think tank then better known for modeling nuclear war with the Soviet Union—on how to maximize his odds in a second showdown with Kashiwagi.
Even with huge bets, that would take a long time.
Marcum simulated the match in detailed hand written notes.
Kashiwagi might surge ahead early, he estimated, but after 75 hours at the table — far longer than he had stayed the first time - his chances of winning best gambling magazines fall to 15 percent.
Kashiwagi, presumably fuzzier on the probabilities, agreed to the terms.
There was no legal way to hold him to such a deal but Trump felt the men were honor-bound.
And once again, his Japanese rival hit an early winning streak.
But Marcum convinced him to be patient and wait for the probabilities to work.
The gambling continued for more than five days.
In Comeback, Trump recalled hearing from a pit manager that Kashiwagi hit a major losing streak, by pure chance, after his dealers changed from a team of men to a team of women.
In his telling, the Kashiwagi saga unfolded over one epic visit.
One thing everyone agrees on is that Trump's fortunes took a sudden turn, just as Marcum had predicted.
But there is also disagreement go here what happened next.
His aide told reporters that Trump had dishonorably violated their deal by calling off the game early.
But if Trump did change the terms of a deal at the last minute, it would not be for the first or last time.
Kashiwagi departed in a rage, with his aide announcing plans for that autographed copy of Art of the Deal.
Trump might not have cared, except that Kashiwagi owed him a lot of money.
Though the facts are unclear, the check apparently bounced or Kashiwagi canceled it.
Trump executives publicly threatened lawsuits.
Kashiwagi suggested that Trump, then in significant debt himself, was the one with a credit problem.
He was murdered in early January of that year.
He returned home to a media frenzy in Tokyo over his Atlantic City adventure.
He tripped over the curb and broke his ankle.
His chauffer pulled him into his black Mercedes and sped off.
In a statement to POLITICO, Trump expressed respect for Kashiwagi though no remorse for his death.
He made me a lot of money when money was very tight and the economy was crashing.
The final ledger is murky.
Trump did get the media attention that had always been part of his plan.
Within a couple of years Trump would limp out of Atlantic City altogether, narrowly escaping personal bankruptcy.
His great gamble—on Kashiwagi, and on gambling itself—can hardly be called a success.
Correction: Https://clearadultskin.com/best/best-odds-in-casino-reddit.html story originally described Jess Marcum as a co-founder of the RAND Corporation.
Marcum was an early RAND Corp.
By the time of the events described here, he was no longer working at RAND.

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