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10/02/2016 6:56 pm  #1


Donald Trump and the art of losing money

Truly an art .... a SLIMY ART ! 

Trump's one company traded on the New York Stock Exchange under the symbol DJT. An investor who put $100 in DJT in 1995 would have lost 90% of that money by 2000, and been left with just $8.72.

Along the way, DJT paid Trump $39 million in salary, bonuses, options and other compensation.

But by law, the DJT filings were public, and help paint a picture of Trump's rocky business dealings during the 1990s.

Combined with the Times revelation, they run counter to the central claim of Trump's campaign -- that as a successful businessman, he would use his financial acumen as president.


(his acumen is ONLY for himself --- NOT for others. Always has been) 

http://money.cnn.com/2016/10/02/investing/donald-trump-tax-returns-public-investors/index.html

Last edited by tennyson (10/02/2016 6:57 pm)


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
 

10/03/2016 7:08 am  #2


Re: Donald Trump and the art of losing money

There is a lot of attention being given to Trump's taxes.
A story just as important: this genius business man managed to lose $916 million in 1995.
Wait till he has a chance to put his skills to work on the nation.


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

10/03/2016 12:43 pm  #3


Re: Donald Trump and the art of losing money

How about his 'charitable' foundation? Looks like the NY attorney general is after the foundation for fraud.


New York attorney general orders Trump Foundation to stop soliciting in state


WASHINGTON (Reuters) - The New York attorney general has served the Trump Foundation with a cease and desist order that requires it to stop fundraising in New York, alleging it is not properly registered in the state.

"The failure immediately to discontinue solicitation and to file information and reports ... with the Charities Bureau shall be deemed to be a continuing fraud upon the people of the state of New York," according to a letter dated Sept. 30 that the attorney general's office posted online.

Last edited by Rongone (10/03/2016 12:44 pm)

 

10/03/2016 1:28 pm  #4


Re: Donald Trump and the art of losing money

The Art of the Steal

The big New York Times scoop that Donald Trump used $916 million of tax losses to enjoy many income tax-free years raised a question the newspaper didn’t try to answer: How did Trump do it?
Trump, the only major-party presidential nominee in four decades to keep all his tax returns secret, insists “there’s nothing to learn from them.”

Yet in one day I figured out how Trump’s advisers almost certainly arranged the massive tax losses, skipped out on a massive income-tax bill, and then fashioned a loophole with more valuable tax benefits than the already liberal tax breaks Congress gives big real-estate owners while sticking others with the bill.


Trump dumped the real costs of all this on investors who saw gold in his brand name, but who lost everything even as he was paid tens of millions of tax-free dollars.

http://www.thedailybeast.com/articles/2016/10/03/art-of-the-steal-this-is-how-trump-lost-916m-and-avoided-tax.html?via=desktop&source=facebook


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

10/03/2016 9:57 pm  #5


Re: Donald Trump and the art of losing money

BTW, a lot of his stooges are calling him a "Genius". 

A "Genius" does NOT loose 900+ Billion !  He stiffed a LOT with those bankruptcies (and continues to do so). 

He is a slimeball ! 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
     Thread Starter
 

10/07/2016 4:56 am  #6


Re: Donald Trump and the art of losing money


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

10/07/2016 9:23 am  #7


Re: Donald Trump and the art of losing money

Goose wrote:

Rudi Giuliani would tell us it takes a "genius" ! 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
     Thread Starter
 

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