ScienceRocks
Democrat all the way!
- Banned
- #1
Donald Trump and the art of losing money
The New York Times on Saturday published three pages of what it claimed were three of Trump's 1995 state tax returns, which showed he reported a $916 million loss that year.
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A successful businessman? What a class act!
And yet you want him to run our economy? haahhaaa
The New York Times on Saturday published three pages of what it claimed were three of Trump's 1995 state tax returns, which showed he reported a $916 million loss that year.
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CNNMoney in August published an analysis of 10 years of Trump corporate documents. The investigation showed that Trump's company, Trump Hotels & Casino Resorts, lost money every year from 1995 until it went bankrupt in 2004 -- more than $600 million in total losses.
The 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.
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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. - News4jax.com
A successful businessman? What a class act!
And yet you want him to run our economy? haahhaaa