his dad fred was quite a shyster, he got into building homes and apartments for soldiers turning from world war II. The US government was offering financial programs to developers to assist them in this endeavor. He was milking them for all he was worth. They finally caught on to him and began a senate investigation. They ended up fining him over a million dollars and would not allow him any future business dealings. Of course after he went to the press and claimed it was a witch Hunt. Sound familiar?
Donny tells people that Dad loaned him a million dollars to get started in real estate, in reality it was a million dollar gift. But it didn't stop there, the boy kept screwing things up and daddy kept bailing him out the tune of about 400 million dollars.