A guy who got the silver spoon and still failed

Last Tuesday the New York Times delved into the finances of Fred Trump, father of the nasty guy, and the hundreds of millions of dollars daddy shoveled at his kids through various tax dodges. Mark Sumner of Daily Kos provides a summary. Then he adds:

Donald Trump isn’t just a rich kid who was born with a silver spoon in his mouth and a daddy who put cash into him through every orifice. He’s not just a guy who was still living on his allowance into his 50s. He’s a guy who got all that and still failed.
…
The door that was left open, happily enough for Trump, was real estate. And that’s how he recovered from spending all his daddy’s cash and then some — by being bailed out by Russian mobsters engaged in a series of money-laundering schemes. It was money-laundering that injected fresh blasts of cash into Trump’s ruptured accounts. When his actual father was no longer there to save him, Trump relied on his Russian sugar daddies.

It is too late for criminal charges over what Daddy did. But the tax fraud probably didn’t stop with Daddy’s death and civil charges are still possible. So the IRS and New York state authorities are very interested in this story.