Trump Organization

The Donald in Wonderland: Down the Financial Rabbit Hole With Donald Trump

Once upon a time, there was a little-known energy company called Enron. In its 16-year life, it went from being dubbed America’s most innovative company by Fortune Magazine to being the poster child of American corporate deceit. Using a classic recipe for book-cooking, Enron ended up in bankruptcy with jail time for those involved. Its shareholders lost $74 billion in the four years leading up to its bankruptcy in 2001.

Trump's Toxic Brand Is Now Less Than Worthless

Every time another Trump property is called out for being a major hub or criminal activity-- like in Baku and more recently, Panama City, the Trump's go to great lengths to explain that they don't own the hub and they don't know anything about it... all they do is rent the building Trump's name. In fact, all his bullshit about being a multibillionaire was always based on the "value" of his name as a brand.

Trump Is Finally Almost Done Resigning From His Businesses

Heavily armed police officers stand guard in the rain outside Trump Tower, Tuesday, Nov. 29, 2016, in New York. (AP/Mary Altaffer)
At a press conference before he took office, then-President-elect Donald Trump said he had signed paperwork “turning over complete and total control” of his business empire to his sons. His lawyer said the more than 400 businesses would be placed in a trust by Inauguration Day.
Now, nearly 100 days later, he’s nearly fulfilled this promise.

Trump Can Pull Money From His Businesses Whenever He Wants — Without Ever Telling Us

Donald Trump listens during a meeting in the Roosevelt Room of the White House in Washington. (AP/Pablo Martinez Monsivais)
When President Donald Trump placed his businesses in a trust upon entering the White House, he put his sons in charge and claimed to distance himself from his sprawling empire. “I hope at the end of eight years I’ll come back and say, ‘Oh you did a good job,'” Trump said at a Jan. 11 press conference. Trump’s lawyer explained that the president “was completely isolating himself from his business interests.”

Trump Has Yet To Disentangle Himself From His Private Empire

FILE – In this Dec. 7, 2016 file photo, Vice President-elect Mike Pence, left, and Jared Kushner, second from right, depart from Trump Tower, in New York. AP/Andrew Harnik)
WASHINGTON (REPORT) — President-elect Donald Trump pledged to step away from his family-owned international real estate development, property management and licensing business before taking office Jan. 20. With less than two weeks until his inauguration, he hasn’t stepped very far.