- Feb 12, 2007
- 59,439
- 24,104
- 2,290
he never went bankrupt, but nice try lying.Donald Trump does not build buildings these days. Haven't you been listing to him speaking out about his business. He licenses the Trump name to developers. It's a guaranteed profit, no investment, no risk, no expenses.Agreed. Without profit, one doesn't get new investors. D'OH aka, new buildingsNo, in business we measure success by profits.
From the very beginning, the motive behind Trump's campaign has been to enhancing the Trump name. He has mentioned several times that his brand name is his most valuable asset and how notariety enhances it. Whether that's true after his latest debacle remains to be seen.
that is a result of being put on an allowance with the banks he was indebted to... he still had his name & that meant some $$$ that would be funneled back to them, since drumpf was defaulting & going bankrupt.
he's never denied it either, so you got nuthin,' dummy. as far as that little allowance thingy? ya, it happened to the self proclaimed 'king of debt'...
Quick: Who'd Have Trouble Living on $450,000 a Month?
By KURT EICHENWALD
Published: June 26, 1990
Donald J. Trump, who has lectured America about architecture, foreign policy and, most of all, how to do deals, may be about to learn a lesson of his own: how to live in Manhattan on $450,000 a month.
That scarcely onerous restriction is being imposed by Mr. Trump's bankers, who have insisted that the man who has made conspicuous consumption a personal trademark must curb his spending a bit.
[...]
Quick: Who'd Have Trouble Living on $450,000 a Month?
Obabble and Moochelle are going to go through a terrible lifestyle withdrawal process once they leave the White House. Their family costs taxpayers over $4M per day.