National, Park Forest

In Case You Missed It: Donald Trump’s Many Business Failures, Explained

OREGON—(ENEWSPF)—August 3, 2016.  Yesterday, Newsweek published an article by Kurt Eichenwald discussing Republican Presidential nominee Donald Trump’s many business failures.  Among the claims in the article:

  • Trump lied to Congress.
  • Trump signed a deal with a Native American casino, and they paid him $6 million to go away.
  • Trump lied in a filing with a bank where he was trying to get a loan about how much he was worth.
  • Trump claims his father “loaned” him $1 million dollars to start his empire but in reality, daddy gave him a lot more cash.
  • Trump’s earliest deals all lost money and he only did well when his dad guaranteed the loans.

The article certainly doesn’t paint Trump as being the successful business person he claims to be – one of the reasons The Donald feels qualified to be the president of the United States.

I would encourage you to read the entire Newsweek article.

Link to article: