Posted on 01/15/2017 8:27:13 AM PST by mikelets456
President-Elect Donald Trump bought his son’s failed company, foreclosed on the property, and now South Carolina taxpayers are left to clean up the mess he left behind. President-Elect Trump won South Carolina by a little more than 14 points.
In early 2014, a company in Charleston, South Carolina was promising to “revolutionize” home construction, by manufacturing and selling “home construction kits.” First it was called Titan Atlas Manufacturing, later being in reorganized into Titan Atlas Global before shutting down for good in the spring of 2015. Part of this doomed venture was none other than Donald Trump, Jr., who faced millions in debt.
“In addition to Donald Trump Jr., Titan Atlas’ founding investors were Washington state farmer Lee Eickmeyer and Mount Pleasant resident Jeremy Blackburn, who was also CEO of Titan Atlas Global. Each of the three men personally guaranteed a $3.65 million Titan Atlas Manufacturing loan from Deutsche Bank — the loan that the elder Trump’s company later purchased — allowing the bank to pursue the three men together or individually if it were not repaid,” according to a January 2016 report from The Post and Courier. Eickmeyer also personally loaned the company just under $1 million.
(Excerpt) Read more at latest.com ...
He’ll never win the election now.
Given the source, the likelihood of the characterization of events being true is approximately negative zero.
You can’t trust ANYTHING the media says anymore.
Yet MSNBC says nothing about the extreme damage Obama’s EPA directly caused in their cleanup efforts re: THEIR spill in the river in Colorado.
Honestly, I don’t give a sh!t about what they say anymore. They can go tell it to their minority Congressman/Senator.
If it’s from MSNBC, it’s fake news.
Did MSLSD cover the EPA’s declaration of “sovereign immunity” over that, thus refusing to pay damages?
The shadow government will come up with any kind of story to disparage Trump
No president since John F. Kennedy has dared to take on the CIA or the rest of the national security establishment […] They knew that if they opposed the national-security establishment at a fundamental level, they would be subjected to retaliatory measures.
Kennedy… After the Bay of Pigs, he vowed to tear the CIA into a thousand pieces and scatter them to the winds. He also fired CIA Director Allen Dulles, who, in a rather unusual twist of fate, would later be appointed to the Warren Commission to investigate Kennedy’s murder.
Wow... maybe the clinton foundation can help!
Well then, Trump needs to step aside and let model of truth, honesty and integrity Hillary Clinton be President.
Timing = Coinkydink, shirley !
FakeMedia has to keep their angry swarming liberals in daily oppo porn lest the hive turn on THEM.
Honestly, I doubt it. If they did, they did it with the matter-of-factness that EPA can do nothing wrong.
The real question is who owned the property when it was contaminated...
That is under review by the state...
But facts are not MSNBC strong points...
The Left WILL NEVER UNDERSTAND that as a businessman, you play by the rules as they exist and you play to win.
Trump’s responsibilities as POTUS are to CHANGE THE RULES if appropriate.
NONE of the pundits, including some “conservatives” like Mark Levin, have the slightest clue about business.
There has to be more to this story. The company started in 2014 and the site already needs ‘clean up’?...and the roof is leaking?
Sounds like they bought an old site. I doubt they caused the pollution that needs to be cleaned up.
Let’s say it’s true.
Why didn’t it matter during the primary?
Why didn’t it matter during the general?
Why did Trump win in this state twice?
$10M investment that failed, but was still injected into SC exonomy? Was any action illegal? The ‘pollution* is “_Possibly_ toxic”?
Someone from SC should comment, I guess.
This sounds serious,they should have made it up during the campaign.
I would like more information before besmirching anyone. Previous owners -— who were they and what did they do on that property?
exonomy=economy
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