Comcast-NBCUniversal, Macy's cut ties with the Donald

[ifilus]

The Miss USA pageant will air on Reelz July 12.

Celebrity Gossip | Entertainment News | Celebrity News | TMZ.com

 

[BDC99]

Fuh reelz? WTF is Reelz?

 

[Spartan Squad]

Isn't Reelz the station that aired the Kennedys when the History Channel passed on it for allegedly being inaccurate?

 

[Batman]

At this point I ask a practical question ... with Trump officially running for president, would some of these companies and Trump been forced to part ways eventually anyway because of election laws?

 

[JayFarrar]

He's worth about $4 billion on the low (Forbes) estimate and closer to $10 billion by his estimate. It's fair to assume that he won't be needing to sell off buildings to have cash in his pocket. If his entire net worth is tied up in illiquid investments, he is dumber than most people even think.

Good NY Times floating around that says Trump is mostly likely not a billionaire. He's still a wealthy trust fund kid who got rich because his dad made the right bets.

Trump says he's rich, so he's rich. The article also detailed his aggressive courtship of Forbes and how he's taken advantage of their lack of staff to run down what people say their worth.

If I find the link, I'll post it.

 

[Baron Scicluna]

Fuh reelz? WTF is Reelz?

Somewhere near the Oxygen Network.

 

[Smallpotatoes]

Good NY Times floating around that says Trump is mostly likely not a billionaire. He's still a wealthy trust fund kid who got rich because his dad made the right bets.

Trump says he's rich, so he's rich. The article also detailed his aggressive courtship of Forbes and how he's taken advantage of their lack of staff to run down what people say their worth.

If I find the link, I'll post it.

So he didn't actually work for his money?

 

[BDC99]

If I find the link, I'll post it.

This is 10 years old but appears to be what you're referring to.

http://www.nytimes.com/2005/10/23/business/yourmoney/whats-he-really-worth.html?_r=0

 

[Starman]

So he didn't actually work for his money?

Whatever he's got, it's a pretty good bet he swindled/grifted people out of a hefty chunk of it.

 

[YankeeFan]

This is 10 years old but appears to be what you're referring to.

http://www.nytimes.com/2005/10/23/business/yourmoney/whats-he-really-worth.html?_r=0

I'd say that going from being worth "minus $900 million" to anywhere in the black is a pretty nice accomplishment.

And, Manhattan real estate has done pretty damn well since 2005, especially the kind of high end properties that Donald invests in and develops, so a 10-year-old article is probably pretty out of date.

Whatever he's got, it's a pretty good bet he swindled/grifted people out of a hefty chunk of it.

Come on. I get that you don't like Trump -- there are any number of reasons to not like him -- but you should try and back up a statement like this with some evidence. Maybe just a little evidence.

Other than charging a premium for his "brand" how has he ever "swindled" money out of people?

Has anyone ever accused him of unscrupulous dealings?

Even his dealings with companies like Macy's and NBC are longstanding, and not what you would expect if he was a swindler or grifter.

 

[Starman]

Why Ordinary People Bear Economic Risks and Donald Trump Doesn’t | BillMoyers.com

 

[YankeeFan]

Why Ordinary People Bear Economic Risks and Donald Trump Doesn’t | BillMoyers.com

Is there some evidence of swindling or grifting in that article, because I don't see it.

 

[Baron Scicluna]

He ****ed up the USFL. Nuff said.

 

[Songbird]

Indeed because now all your L.A. Express posters are worthless?

 

[BitterYoungMatador2]

Trump's the Minnesota Fats of real estate.

 

[Baron Scicluna]

Indeed because now all your L.A. Express posters are worthless?

I still have PTSD over seeing Steve Young play running back.

 

[Smallpotatoes]

Is illegal immigration even 1/10th the problem Trump thinks it is?

 

[Songbird]

^^^

But what about the kernel of truth?

The kernel of truth in Donald Trump’s Mexico rant | New York Post

 

[The Big Ragu]

Good NY Times floating around that says Trump is mostly likely not a billionaire. He's still a wealthy trust fund kid who got rich because his dad made the right bets.

Trump says he's rich, so he's rich. The article also detailed his aggressive courtship of Forbes and how he's taken advantage of their lack of staff to run down what people say their worth.

If I find the link, I'll post it.

I'd like to see that. I can't imagine under what circumstances he isn't worth billions -- as in some number in the plural billions. I'd bet he exaggerates his worth. That is the jackoff he is. But I can't imagine it isn't several billion at least. From the assets I know he has. There may have been a time when he might have been claiming billionaire status and he didn't have it -- but that would have been 15 or 20 years ago. I know there was a time when Trump's dad was still alive and Trump was living a flamboyant lifestyle and blowing through money and he wasn't worth that much, and he was even having money problems for a time. But from what I know about him, he has almost had two careers -- one right after his dad died, when he was trying to hit home runs with everything he got involved with and he made a lot of mistakes-- going for big and splashy instead of what made sense. And a second career, in which he surrounded himself with some smarter people who started putting together quieter, shrewder deals in which he accumulated a big portfolio of properties that has made him incredibly wealthy -- at least on paper as the high-end real estate market has gone ape.

The billionaires club has expanded quite a bit over the last decade with the asset bubble / inflation that has been created, and which Trump has to had benefited from -- it's now probably somewhere between 1,500 and 2,000 people in the world who have more than a billion dollars, and I really can't imagine how Trump wouldn't be on that list. I just tried to find the story you are talking about and I am not finding it. Are you sure it was the NY Times?

 

[BDC99]

Here's a more recent one, thought not as in-depth.

A History of Talking About Donald Trump’s Money -- NYMag

He has been known to say, “My brand alone is worth $5 billion," to which Forbes responded, "Yes, the Donald is a billionaire. No, he's not worth what he says he is." On the financial documentation Trump released today, his brand is valued at more than $3 billion. Bloomberg News visited Trump's offices earlier this month, where he was again extolling the virtues of his brand.