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Documents Reveal What Trump Actually Said About His University
CBS News ^ | March 7, 2016 | Julianna Goldman, Laura Strickler

Posted on 03/07/2016 10:34:32 AM PST by Steelfish

Julianna Goldman, Laura Strickler CBS News March 7, 2016 Documents Reveal What Trump Actually Said About His University Republican groups fighting Donald Trump are trying everything to derail the front-runner, including airing ads targeting Trump University. The program sold nearly 7,000 students on learning the billionaire's real estate secrets, but the school began winding down in 2010. More than 150 former students allege it was a fraud. Three lawsuits have been filed, one $40 million case in New York brought by the state's attorney general and two class action suits in California. Trump University began in 2004 with online courses and in 2007 it started offering live events across the country as seminars in hotel ballrooms. There was a three-day, $1,500 course where students were urged to sign up for a $35,000 mentorship program. In a tweet yesterday defending the school, Trump pointed to a 98 percent satisfaction rate, but court documents show that nearly 40 percent of the students who signed up for the three-day seminar or more received a refund. Trump's critics say the next week is critical to stopping the Republican front-runner, and they're betting Trump University is their best weapon. "I could have settled it, I think, pretty easy, I don't like settling cases," Trump said on "Face the Nation." But by refusing to settle, Trump has opened the door to attacks at the peak of his presidential bid and distractions on the campaign trail -- like the 10 hours in December and January he spent in closed-door depositions for the two class-action lawsuits. Court documents reveal that attorneys for the other side zeroing in on Trump's claim, as seen in a promotional video, that he chose all the instructors.

(Excerpt) Read more at cbsnews.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: 98percentfraud; albertogonzales; gonzalocuriel; gopebotattack; laraza; madoff; presidentdonaldtrump; roveinaction; smearmachine; trump; trumpbaggage; trumpfraud; trumpscam; trumpu; trumpuniversity
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Trump goes onto say:

"If you don't learn from the people that we're going to be putting forward, and these are all people who are handpicked by me," Trump said in the commercial.

But confronted with questions about the instructors' lack of real estate experience, Trump acknowledged "he looked at resumes and things but didn't pick the speakers" and some "slipped through the cracks." He was repeatedly pressed on one instructor CBS News told you about back in September, James Harris. Trump said he didn't know who he was and said, "I wasn't running it."

1 posted on 03/07/2016 10:34:32 AM PST by Steelfish
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To: Steelfish

So this is the scam artist who demands of his followers a sworn pledge of allegiance that they will vote for him.


2 posted on 03/07/2016 10:35:30 AM PST by Steelfish
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To: Steelfish

TRUMP UNIVERSITY HAS A 98% APPROVAL RATING. SO WHY IS NEW YORK ATTORNEY GENERAL ERIC SCHNEIDERMAN WASTING MILLIONS IN TAXPAYER MONEY GOING AFTER THEM?

http://www.98percentapproval.com/


3 posted on 03/07/2016 10:37:33 AM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Steelfish

A 2% bitch rate?
The horror. The horror.


4 posted on 03/07/2016 10:37:34 AM PST by frankenMonkey (Trump 2016, because FUGOP)
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To: Steelfish

10,000 surveys in .pdf format

http://www.98percentapproval.com/SURVEYS.html


5 posted on 03/07/2016 10:38:29 AM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Steelfish

They should just keep pounding Trump on this issue.


6 posted on 03/07/2016 10:38:45 AM PST by hawkaw
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To: Steelfish
Trump accrued 40 million in revenue from Trump University.

So, anyone who signed up are the real losers cud he got his.

7 posted on 03/07/2016 10:38:51 AM PST by Slyfox (Ted Cruz does not need the presidency - the presidency needs Ted Cruz)
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To: dynoman

How can that be if 40% were given refunds as stated on court documents?


8 posted on 03/07/2016 10:39:17 AM PST by Steelfish
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To: Steelfish

9 posted on 03/07/2016 10:39:46 AM PST by Donglalinger
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To: hawkaw

Yeah, the jealousy toward Trump is amazing.


10 posted on 03/07/2016 10:39:49 AM PST by Lower55
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To: Steelfish
Smith was sold on the $35,000 package. He initially gave positive reviews but now says that his investment in Trump University was a net loss.

Might want to read the story rather then see a head line and put your own spin on it. Seems this has more to do with sour grapes then anything else. Guess what Real Estate investing is risky. Funny how these people only started whining when their investments LOST money but were just fine with it when they were making money.

11 posted on 03/07/2016 10:40:43 AM PST by MNJohnnie ( Tyranny, like Hell, is not easily conquered)
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To: Steelfish

12 posted on 03/07/2016 10:40:51 AM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: dynoman
court documents show that nearly 40 percent of the students who signed up for the three-day seminar or more received a refund.

So if they got refunds, what's the problem? The refunds actually prove that it wasn't a ripoff.

DISCLOSURE: I am not a Trump fan. I voted for Cruz in the primary. But I think Mitt is a lying scumbag and I will definitely vote Trump if he is the nominee.

13 posted on 03/07/2016 10:41:02 AM PST by Maceman
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To: Steelfish

now now would Donald lie?


14 posted on 03/07/2016 10:41:03 AM PST by annieokie
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To: Steelfish

So, there were 7,000 total students and 150 of them say it was a fraud.

That’s just over 2%.

That would give credence to Trump’s 98% number.


15 posted on 03/07/2016 10:41:56 AM PST by Jeff Head (Semper Fidelis - Molon Labe - Sic Semper Tyrannis)
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To: Lower55

“Yeah, the jealousy toward Trump is amazing.”

I agree.

http://www.trump.com/real-estate-portfolio/
http://www.trump.com/hotel-collection/
http://www.trump.com/golf/


16 posted on 03/07/2016 10:43:00 AM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Slyfox; Steelfish

Smith was sold on the $35,000 package. He initially gave positive reviews but now says that his investment in Trump University was a net loss.

Might want to read the story rather then see a head line and put your own spin on it. Seems this has more to do with sour grapes then anything else. Guess what Real Estate investing is risky. Funny how these people only started whining when their investments LOST money but were just fine with it when they were making money.

How wonderfully “Progressive” you “Principled Conservatives” are in thinking the school should be sued to make up for the Students bad business decisions


17 posted on 03/07/2016 10:43:12 AM PST by MNJohnnie ( Tyranny, like Hell, is not easily conquered)
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To: hawkaw

Keep pounding. His numbers are dropping and Trump will only win in the states where the GOP can’t steal it (caucus states). Trump will end up having to settle for enough delegates to put him over the top, giving him the nomination. What a loser.

/s


18 posted on 03/07/2016 10:45:50 AM PST by orangeTank
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To: Lower55

Yup. We’re seeing class envy turning to jealousy and hatred.


19 posted on 03/07/2016 10:45:54 AM PST by Cobra64 (Common sense isn't common any more.)
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To: Steelfish

Like a typical carnival barker, nothing inside is ever as promised.


20 posted on 03/07/2016 10:47:04 AM PST by traderrob6
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