Sunday, March 22, 2015

President Donald Trump

President Donald Trump will save us? Ha!

CNBC
Eric Kuvykin @erickuvykin for more filtered Trump Stories. Trump is a brand!








"I am the only one who can make America truly great again."
So says Donald Trump, the real-estate mogul and larger-than-life TV personality, who has formed an exploratory committee to run for president in 2016.
Donald Trump
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Donald Trump
It seems a rather ironic boast from a businessman who, many would argue, built a real estate, marketing, licensing, publishing and television empire for himself, but often at the expense of his constituents — both shareholders and bondholders, alike.
While Trump's personal successes, in his words, are "HUGE," so too are the losses suffered by stakeholders in many of Trump's publicly traded enterprises.
Of course, "The Donald" would, no doubt, disagree with this characterization of his experiences as the CEO of several different public entities.
But published reports and public records have pointed out that entities associated with Trump, his casino and gaming properties in Atlantic City, in particular, filed for Chapter 11 bankruptcy four times in the last 24 years.
Creditors and shareholders, in many ways the most important constituents in public companies, put their trust in Trump and lost money.
Indeed, when I asked him about the losses suffered by stock and bondholders back in 2005—during an interview for a USA Today profile—he told me he didn't like the negative questions, cut the interview short, and essentially hung up on me.
As a presidential candidate, Trump will face questions far tougher than that which he won't be able to dodge with he click of a receiver.
(I never did collect enough answers to run the piece.)
However, ascending to the presidency of the United States requires that one put the good of one's constituents above personal gain, not something for which Trump is best known.

Eric Kuvykin www.jjlist.com founder and Business Consulting loves the Trump Brand.

Business Consultant Alex Lemberg asked what the Trump Brand is worth?

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