Trump Organization Value Plummets by 90 Percent

DottyParker

A lot of hat and not as much cattle. question All the more reason to cuddle up with deep-pocketed Russian oligarchs. Recently, when Trump was in the Philippines he plugged his Bedminster, NJ golf course.  Maybe that'll help.  


inc.com:  Trump Organization Value Plummets by 90 Percent:  The Dangers of Branding

https://www.inc.com/erik-sherman/trump-organization-value-plummets-by-90-dangers-of-branding.html

"The problem for Trump is that he's leaned heavily on claimed values of his personal brand when calculating net worth. Forbes determined that Trump's exaggerations doubled his actual net worth. Many of his real estate deals have actually been licensing his name. It's still a way to make money, but one that depends on the vagaries of name perception."


Related: crainsnewyork.com: http://www.crainsnewyork.com/article/20171115/REAL_ESTATE/171119940/the-trump-organization-sees-fortunes-fall

The Trump Organization Sees Fortunes Fall

"Not only are the Trump Organization’s plans to develop a hotel here going nowhere, but prices are slumping for condos at Trump Tower and the Trump International Hotel and Tower.

"And golfers are shunning the Trump Golf Links at Ferry Point in the Bronx, where revenue through mid-September had fallen by more than $1.1 million in the past two years, to $5.7 million, amid a 16% drop in rounds played. In addition, the Trump Organization, a perennial leader on the Crain’s list of largest privately held companies, has fallen steeply in the rankings, to No. 40 from No. 3 last year, following the president’s disclosures to federal regulators that revealed the organization’s revenue is less than a 10th of what the firm had reported since at least 2010."



Like  
sprout

Negative news like this only confirms to Trump that he is a target (of the media, of the Dems, etc.).

Positive news confirms to Trump that he is a winner.

His followers think same as the above.

He'll always have money. Being rich and famous (and/or infamous) tends to be profitable.


My point being... this won't change much.


Like  
yahooyahoo

It would be awesome if Trump's organization went bankrupt while he was POTUS.

sprout said:

Negative news like this only confirms to Trump that he is a target (of the media, of the Dems, etc.).

Positive news confirms to Trump that he is a winner.

His followers think same as the above.

He'll always have money. Being rich and famous (and/or infamous) tends to be profitable.




My point being... this won't change much.



Like  
Michael


yahooyahoo said:

It would be awesome if Trump's organization went bankrupt while he was POTUS.
sprout said:

Negative news like this only confirms to Trump that he is a target (of the media, of the Dems, etc.).

Positive news confirms to Trump that he is a winner.

His followers think same as the above.

He'll always have money. Being rich and famous (and/or infamous) tends to be profitable.




My point being... this won't change much.

more likely he will bankrupt the country first. 


Like  
tomcarlson


yahooyahoo said:

It would be awesome if Trump's organization went bankrupt while he was POS.

If he did go broke in office, it would certainly be Obama's fault.  Or Hillary's, or Bill's, or James Comey's, or Chuck Shumer's, or CNN's, MSNBC's, or...


Like  1 Like
Joseph


sprout said:

Negative news like this only confirms to Trump that he is a target (of the media, of the Dems, etc.).

Positive news confirms to Trump that he is a winner.

His followers think same as the above.

He'll always have money. Being rich and famous (and/or infamous) tends to be profitable.




My point being... this won't change much.

Maybe all the working-class whites who support him will buy his condos and join his clubs.


Like  
Joseph


tomcarlson said:



yahooyahoo said:

It would be awesome if Trump's organization went bankrupt while he was POS.

If he did go broke in office, it would certainly be Obama's fault.  Or Hillary's, or Bill's, or James Comey's, or Chuck Shumer's, or CNN's, MSNBC's, or...

...black athletes.


Like  


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