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Why Donald Trump is Still Considered a Good Businessman

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erpowers Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-07-09 07:40 PM
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Why Donald Trump is Still Considered a Good Businessman
Stories like the one linked to below not being widely reported is the reason Donald Trump is still considered a good businessman. I was flipping through the channels and came upon the celebrity version of "The Apprentice". Trump Towers was mentioned and I remembered that I had read in "Trump Nation" that Donald Trump did not actually own Trump Towers. I decided to try to find out if there were some supporting statements claiming that Trump did not own Trump Towers. I came upon an article detailing how another supposed Trump project has gone under. I say supposed in that now that the deal has gone bad the Trumps seem to be trying to distance themselves from the project; however during the project they seemed to have no problem associating themselves with the project.

http://www.miamiherald.com/business/nation/story/936320...

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ReliantJ Donating Member (680 posts) Send PM | Profile | Ignore Sat Mar-07-09 07:45 PM
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1. People losing millions to this...
They should end his TV show. Awful for the people who invested in the resort... especially the mother who's kids can't afford to go to the college they intended
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-07-09 07:48 PM
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2. It was never about being a good businessman
Edited on Sat Mar-07-09 07:50 PM by AllentownJake
It was about being rich. There is a difference. Donald may lose some money on his investments but due to the corporate structure he can set up many corporations none of which are directly affialiated with each other and if one goes belly-up the other ones are safe from having to pay the debts of the failed business.

Come on they trotted out Carly Fiorina as a succesful CEO during the campaign when she was fired from HP and the company she made her name at Lucent Technologies failed a few years after she left. Carly however is "succesful" because she gamed the system and now has alot of money. As far as being "succesful" in terms of making money for the businesses she was entrusted to run...well she's an absolute failure.

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-07-09 07:51 PM
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3. Real estate and hospitality/entertainment are both businesses where

you are not going to hit home runs every time.
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Vanje Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-07-09 07:52 PM
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4. Same reason Vanna White was considered a good......
a good....um....what ever the hell she was supposed to be.

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