Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

louis-t

(23,297 posts)
Tue Jan 9, 2018, 07:09 PM Jan 2018

For anyone interested in how stupidface got his money.

Here is the story of Drumpfs' casino failures, how he skimmed millions while leaving stockholders, investors and contractors holding the bag and then bragging about how rich he got.

"Not far away, the long-failing Trump Marina Hotel Casino was sold at a major loss five years ago and is now known as the Golden Nugget."

"At the nearly deserted eastern end of the boardwalk, the Trump Taj Mahal, now under new ownership, is all that remains of the casino empire Donald J. Trump assembled here more than a quarter-century ago. Years of neglect show: The carpets are frayed and dust-coated chandeliers dangle above the few customers there to play the penny slot machines."

"But even as his companies did poorly, Mr. Trump did well. He put up little of his own money, shifted personal debts to the casinos and collected millions of dollars in salary, bonuses and other payments. The burden of his failures fell on investors and others who had bet on his business acumen."

https://www.nytimes.com/2016/06/12/nyregion/donald-trump-atlantic-city.html

7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
For anyone interested in how stupidface got his money. (Original Post) louis-t Jan 2018 OP
Investors believed the sizzle but got the gristle. n/t PoliticAverse Jan 2018 #1
You sound like my Republican aunt. louis-t Jan 2018 #3
This is why Trump got the rethuglican vote. lpbk2713 Jan 2018 #2
while calling Hillary "crooked" Skittles Jan 2018 #7
Do not forget who bailed his sorry ass out. Wellstone ruled Jan 2018 #4
He is the most disgusting piece of scum on the face of the planet! smirkymonkey Jan 2018 #5
A big K&R brush Jan 2018 #6

louis-t

(23,297 posts)
3. You sound like my Republican aunt.
Tue Jan 9, 2018, 07:17 PM
Jan 2018

She was my first broker in Real Estate. She always said "sell the sizzle, not the steak."

 

smirkymonkey

(63,221 posts)
5. He is the most disgusting piece of scum on the face of the planet!
Tue Jan 9, 2018, 08:04 PM
Jan 2018

He has absolutely NO remorse for the people he has screwed over the years! I don't have a lot of sympathy for bankers and big investors, but I do for small business people who lost everything because he just felt like he didn't have to pay them what he owed. He is such a FUCKING asshole! I honestly don't think I have ever heard of a more despicable person in my life.

I just don't understand how people fall for his cons when he shows everyone time and time again what a serpent he is.

Latest Discussions»General Discussion»For anyone interested in ...