4. Trump Plaza Hotel - Trump ADMITTED in interviews that he overpaid for the old Plaza Hotel. Then he drove it deeper into debt by overspending on renovations ... even after real estate experts warned him!
.
3. Trump Shuttle - Trump was warned by experts that he could start a new airline for less than he was paying Eastern to take over their shuttle. Trump ADMITTED in interviews that he overpaid for the property. There was never a profitable month during his ownership.
.
10. NJ Generals - It wasn't just the Generals. Trump convinced the other USFL owners to help him sue the NFL for anti-trust violations. They WON the lawsuit but the jury awarded them $1 ($3 after triple damages) pointing out that the USFL's financial losses were of their making and mismanagement! E.g., Trump overpaid for talent and never produced revenue to pay them. The USFL died after that. (Trump was never charged with murdering the USFL.)
14. Trump Foundation (Charity) - forced to shut down by NYS for fraud (among other things, the Charity donated $25,000 to FL DA Pam Bondi's election campaign in exchange for which she "chose" to keep FL from participating in the law suit against Trump University, denying cheated FL residents from receiving compensation from the settlement).
.
15. Golf courses
http://www.theeroticreview.com/discussion-boards/politics-and-religion-39/re-trump-is-an-absolute-master-----460711 http://www.businessinsider.com/why-do-trump-golf-resorts-lose-millions-dollars-every-year-2021-5 "Donald Trump's golf resorts lose a lot of money. According to a bombshell New York Times report published last year, the 15 courses he owns around the world have lost over $315 million over the past 20 years. ...
.
"Then comes Saudi Arabia and LIV:
http://www.marketwatch.com/story/trumps-golf-course-income-has-doubled-to-over-500-million-since-leaving-office-ee472738 Trump’s golf-course income has doubled to over $500 million since leaving office.
"An analysis of the former president’s Federal Election Commission filings finds Donald Trump’s golf-related income topped $555 million between Jan. 2022 and April 14, 2023 ..."
.
16. DC Post Office Hotel
http://www.cnbc.com/2021/10/08/trump-hid-over-70-million-in-losses-on-dc-hotel-house-panel-alleges.html "Former President Donald Trump’s luxury hotel in Washington, D.C., lost more than $70 million from 2016 to 2020, according to newly released filings that his accountants submitted to the hotel’s landlord, the General Services Administration. ..." [Trump ADMITTED that he overpaid to win the GSA Lease to the property. He then overspent to renovate it. Experts said that it would never be profitable ... and they were right!]
.
17.
http://en.wikipedia.org/wiki/The_Ritz-Carlton_Baku_Hotel .
18.
http://en.wikipedia.org/wiki/Trump_Ocean_Resort_Baja_Mexico "... Trump Ocean Resort Baja Mexico was a failed luxury condominium-hotel resort to be located at Punta Bandera in the Playas de Tijuana borough of Tijuana, Baja California, Mexico,
.
http://www.latimes.com/politics/la-na-pol-trump-baja-snap-story.html Trump’s failed Baja condo resort left buyers feeling betrayed and angry.
19.
http://en.wikipedia.org/wiki/Conrad_Fort_Lauderdale 20.
http://en.wikipedia.org/wiki/Trump_Tower_Moscow 21.
http://www.cbsnews.com/media/donald-trumps-global-properties-a-web-of-local-alliances/ .
22.-29.
http://www.theeroticreview.com/discussion-boards/politics-and-religion-39/dont-forget-baku-baja-dr-ft-lauderdale-soho-condos-chicago-tower--460612 http://www.propublica.org/article/here-are-the-trump-projects-where-ivanka-and-her-dad-misled-buyers Trump Projects Where Ivanka and Her Dad Misled Buyers
.
Dominican Republic
Claim: Donald Trump claimed $365 million in sales in a 2007 letter to The Wall Street Journal.
Reality: Trump reported $290 million in a 2009 project audit.
Result: Never built."
.
FORT LAUDERDALE
Claim: Trump announced the hotel/condo was “pretty much sold out” in April 2006, according to a broker who attended the presentation.
Reality: 62 percent of units were sold as of July 2006, according to bank records that emerged in a court case.
Result: Entered foreclosure. Trump’s name removed before construction completed.
.
LAS VEGAS
Claim: Condos “sold out,” Trump told The Associated Press in 2005
Reality: About 25 percent of units were sold by 2011, according to press accounts.
.
PANAMA
Claim: “It’s a 1,000-unit building, we’ve sold over 90 percent of it,” Ivanka told Portfolio in 2008.
Reality: As of three months later, 79 percent of the units were pre-sold, according to Moody’s.
Result: Built, but went bankrupt; Trump name removed.
.
SOHO
Claim: In 2008, Ivanka told reporters that 60 percent of units had sold.
Reality: A Trump partner’s affidavit revealed that 15 percent had been sold at the time.
Result: Built, but went bankrupt; Trump name removed.
.
TAMPA
Claim: The building “sold out,” Trump told The Wall Street Journal in 2007.
Reality: The developers failed to sell a minimum of 70 percent of units, according to a Trump company letter that year, which deemed that a violation of its contract.
Result: Never built.
.
TORONTO
Claim: In a 2009 interview, Ivanka referred to the property as “virtually sold out.”
Reality: 24.8 percent of units had sold, according to a 2016 bankruptcy filing by the developers.
Result: Built, but went bankrupt; Trump name removed.
.
Trump Tower Chicago - Trump declared it a TOTAL LOSS in order to claim a tax deduction.
.
30.
http://www.curbed.com/article/donald-trump-nyc-40-wall-street-building-worth.html The Weird Worth of 40 Wall Street Donald Trump’s most troubled real estate could soon become a slick machine to curry favor with the president. [Oct 21, 2024]
"... Its current operating income, as reflected in disclosures to its mortgage servicer, appears not to even cover its loan payments, and the building’s market value today is almost certainly less than the $114 million balance Trump will owe when the mortgage comes due next year. [2025] ..." Who will bail out Trump? Saudi Arabia? Musk? Some wealthy felon looking to buy a pardon and a Cabinet post?
.
31. Global Economy.
.
Everything Trump Touches Dies.
Posted By: 100ProofOfLV
Re: He Is Economically Illiterate.
Who should be surprised at this from someone with such a winning track record.
Are we sick of all the winning yet?
Soon they'll be adding the U.S. and possibly the world economy to his list of failures. His biggest failure yet. LOSER!