Posted on 03/08/2016 1:35:09 PM PST by Steelfish
Donald Trump's Failed Business Ventures Are Back in the Spotlight BY CORKY SIEMASZKO
(snip) Trump has had numerous business successes, like Trump Tower, 40 Wall Street and "The Apprentice." But not every Trump venture turned to gold — and the businesses Romney cited were notorious misfires.
Trump University was an online college launched in 2005 that offered to teach the mogul's real estate and entrepreneurship strategies, and charged fees ranging from $1,500 to $35,000. But it was never accredited. In 2013, New York Attorney General Eric Schneiderman sued, claiming the university was a scam operation that defrauded around 600 students out of thousands of dollars.
Trump, via his lawyer Michael D. Cohen, denied defrauding anybody and claimed the school had a 98 percent approval rating. He filed a complaint alleging that the AG's office was looking for a campaign contribution.
On the campaign trail, Trump has also claimed that Trump U got an A rating from the Better Business Bureau. The BBB on Tuesday said the school "does not currently have an A rating." "The BB Business Review for this company has continually been 'No Rating' since September 2015," the company said in a statement. "Prior to that, it fluctuated between D- and A+."
When Trump U was running, the BBB "received multiple customer complaints about this business. These complaints affected the Trump University BBB rating, which was as low as D- in 2010."
But after 2013, no new complaints were reported as "the company appeared to be winding down."
"As a result, over time, Trump University's BBB rating went to an A in July 2014 and then to an A+ in January 2015," the BBB said.
Recently, Trump criticized a California judge presiding over another lawsuit against Trump U — this one a class-action lawsuit — .......
(Read On....)
(Excerpt) Read more at nbcnews.com ...
Billionaire Backs Trump After Shocking Surprise
http://www.freerepublic.com/focus/f-news/3406635/posts
Billionare Investor (Tom Barrack) on Trump’s Negotiating Style. (two very interesting videos)
http://www.freerepublic.com/focus/f-news/3406615/posts
YOU’VE HEARD THE RHETORIC, NOW LEARN THE TRUTH.
http://www.98percentapproval.com/
Trump University Truth
https://www.youtube.com/watch?v=QqfsbQGPLAE
Of course The Dear Leader who extracts sworn pledges of support cannot be exposed. Expect a torrent of responses from his devotees without even taking time to read the full article.
How many business ventures has Rubio undertaken?
How many has Cruz?
‘Nuff said....
The truth from you? Ha! Fat chance
Jeb’s brother Neil Bush joins Cruz finance team, possibly opening door to more Bush support
http://www.freerepublic.com/focus/f-news/3406722/posts
So where is the sweet spot when this matters. The 40th thread?
Five Reasons 8 Out Of 10 Businesses Fail
http://www.forbes.com/sites/ericwagner/2013/09/12/five-reasons-8-out-of-10-businesses-fail/#49ed7e885e3c
Why So Many New Companies Fail During Their First Five Years
http://www.gallup.com/businessjournal/178787/why-new-companies-fail-during-first-five-years.aspx
I’m saving that
Yeah...Through these “failed” business ventures, Trump has become a multi billionaire...
Damn!!! Business has really been hard on him....
I’ve observed that there are numerous fiercely-held stances based on the fact that someone did something profoundly stupid and they’re not willing to admit how horrible it was - so they have to rationalize it and defend it as a laudable superior choice, to the point of passionately recruiting others to join them in that bad choice. Abortions & tattoos being prime examples.
They fail to highlight his many successes. No, just report any failures he has had - almost all businessmen have had failures - it goes with the risk. It makes no difference to me.
Trump *is* establishment. He’s been playing in and with the establishment for some time. On the wrong side for a great deal of it, but..
So...the guy who tried had a few failures along the way to his resounding successes...so we’re supposed to ignore him and opt for the alternatives who never did anything meaningful in the real world?
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