MSNBC’s “All In” with Chris Hayes detailed the bombshell report by The New York Times that debunked President Donald Trump’s origin story of being a self-made businessman, when instead he inherited money from his father and would be worth more if he’d just invested in index funds instead of becoming a developer.

“My favorite part about the $413 million story is somebody who inherited $413 million managed to be $900 million in the hole,” MSNBC’s Joy Reid noted.

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“That’s the thing,” Hayes said. “There’s the fraud, the debunking this myth, there is the fact that this was basically daddy’s little welfare case.”

“Also the fact he’s a serial failure and the deals keep having to be bailed out by dad,” he added.

“Anyone from New York, we know Donald Trump has been a grifter and lie and cheat,” explained Fordham University Prof. Christina Greer. “The Trumps lie constantly.”

“What we also understand, what we now know, is he inherited a criminal enterprise,” noted Princeton Prof. Eddie Glaude.

“That’s right,” Hayes chimed-in.

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“He inherited a criminal enterprise,” Glaude repeated.

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