If Trump doesn't win, then he will buy Newsmax and pump hundreds of millions into it.
Bullshit. He'll dupe some investors, then pile on the debt. Then cash out right before they go Bankrupt. It's what he does!
Your predictions are obvious horseshit based on pure hatred and envy.
Tell that to the investors of the Taj Mahal Hotel and Casino
"Basically his playbook is the same. His drug of choice is leverage. He just piles debt on. And if you think about it, that’s not patient business building, that’s speculation," said Sullivan.
Another reason the Taj Mahal had failed so quickly is Trump had to compete with his two other hotels and casinos, plus numerous other competitors who'd set up casinos on the boardwalk. By the time of the Chapter 11 filing, the Taj reportedly owing nearly $3 billion dollars to creditors.
"We delievered a little over a 100k worth of pianos [to the Taj.] When it come time to pay for them I made a few phone calls, and I got the run-around a bit," said Mike Diehl. At the time, he owned Freehold Pianos, now the
Freehold Music Center.
Diehl said he had to accept 70 percent of the payment that he'd agreed upon for the pianos he sold to Trump's casino.
"It really upset me quite a bit because I didn't think it was the right way to do business," said Diehl.
There are hundreds like Diehl who had to take pennies on the dollar for their work: roofers, plumbers and others named as creditors in court documents.
And bond holders like Lillian Smith.
The Press of Atlantic City reports she and her husband lost $91,000 from a retirement account that had invested in Trump's casino.
Donald Trump said his company bankruptcies didn't harm anyone, but some creditors lost millions on those deals.
www.wnyc.org