Sad story. Trump Screwed His Workers out of Millions in Retirement Savings

[ScienceRocks]

Sad story. Trump Screwed His Workers out of Millions in Retirement Savings
How Trump's casino bankruptcies screwed his workers out of millions in retirement savings

Trump's company encouraged its employees to invest their retirement savings in company stock, according to a class-action lawsuit filed by employees against Trump Hotels & Casino Resorts following its 2004 bankruptcy. Then, when the stock price was near its nadir as bankruptcy loomed, the company forced the employees to sell their stock at a huge loss. More than 400 employees lost a total of more than $2 million from their retirement accounts, the lawsuit states.


"I didn't realize he was as stupid as he is," says a former casino worker at Trump Plaza who asked not to be named. "Honestly. I thought, way back when, the guy was way brighter than we were. He was running the company and we were working for him. We thought he was brilliant. When we invested in it, we thought, how could this stock go so low?"

Trump is a heartless and evil old fucker and payback is coming on Nov 8th!

 

[DGS49]

Do you know what a fucking corporation is? Do you know the difference between working for a corporation and for an individual? Do you know of ANY BUSINESS OWNER who personally guarantees the retirement plans of the company's employees?

Are all Democrats this stupid?

Seriously.

 

[SYTFE]

Trump is a heartless and evil old fucker and payback is coming on Nov 8th!

Indeed. Karma's gonna slap the orange right off of his stupid fucking face on Nov 8th.

 

[tinydancer]

Sad story. Trump Screwed His Workers out of Millions in Retirement Savings
How Trump's casino bankruptcies screwed his workers out of millions in retirement savings

Trump's company encouraged its employees to invest their retirement savings in company stock, according to a class-action lawsuit filed by employees against Trump Hotels & Casino Resorts following its 2004 bankruptcy. Then, when the stock price was near its nadir as bankruptcy loomed, the company forced the employees to sell their stock at a huge loss. More than 400 employees lost a total of more than $2 million from their retirement accounts, the lawsuit states.


"I didn't realize he was as stupid as he is," says a former casino worker at Trump Plaza who asked not to be named. "Honestly. I thought, way back when, the guy was way brighter than we were. He was running the company and we were working for him. We thought he was brilliant. When we invested in it, we thought, how could this stock go so low?"

Trump is a heartless and evil old fucker and payback is coming on Nov 8th!

As more and more Haitians find out how badly the Clinton Foundation ripped them off, I have no doubt dolls are being made of Hillary and Bill as I type.

Voodoo baby!

As to bankruptcies they happen. Trump didn't want to declare bankruptcy or screw anyone out of retirement. On the other hand those son of a bitch Clintons conspired to rip off the fund for Haiti.

Now that's cold.