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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)
Last edited by tennyson (10/02/2016 6:57 pm)
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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.
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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)
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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.
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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 !
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Goose wrote:
Rudi Giuliani would tell us it takes a "genius" !