Board index › Topical Discussion › Politics, Philosophy, and Religion

Is Trump going out of business?

Page 1 of 2 [ 17 posts ]  Go to page 1, 2  Next

Previous topic | Next topic

GGPViper
Veteran
Veteran

User avatar

Joined: 23 Sep 2009
Gender: Male
Posts: 5,880

12 Jan 2021, 12:04 pm

In addition to the political and legal fallout of Trump's actions on 6 January 2021, his businesses are now also feeling the heat.

The first issue arose when PGA cancelled their deal to play the 2022 championship at a Trump golf course:
https://edition.cnn.com/2021/01/10/busi ... index.html

Given that Trump owns a total of 17 golf courses, being excluded from major golf events could have a substantial adverse impact on his future earnings.

But now things are looking even worse for him, as the banks are turning his back on him. Signature Bank and Deutsche Bank (Trump owes $340 million to the latter) have announced that they will stop doing business with him:
https://edition.cnn.com/2021/01/12/inve ... index.html

Although there are no exact details of the implications, this could be outright devastating for Trump, as he may now be cut off from refinancing his loans when these are due. Few banks were already willing to do business with him, and now that short list has become even shorter.



League_Girl
Veteran
Veteran

User avatar

Joined: 4 Feb 2010
Gender: Female
Posts: 27,299
Location: Pacific Northwest

12 Jan 2021, 12:15 pm

Well, let's see how he will do in poverty and have him experience actual life many Americans have. Will he sing a different tune or be too narcissist to even learn? :roll:


_________________
Son: Diagnosed w/anxiety and ADHD. Also academic delayed and ASD lv 1.

Daughter: NT, no diagnoses. Possibly OCD. Is very private about herself.


Jiheisho
Veteran
Veteran

Joined: 21 Jul 2020
Age: 61
Gender: Male
Posts: 1,507

12 Jan 2021, 12:36 pm

You talk like he never went out of business before...



funeralxempire
Veteran
Veteran

User avatar

Joined: 27 Oct 2014
Age: 40
Gender: Non-binary
Posts: 33,119
Location: Right over your left shoulder

12 Jan 2021, 12:39 pm

League_Girl wrote:
Well, let's see how he will do in poverty and have him experience actual life many Americans have. Will he sing a different tune or be too narcissist to even learn? :roll:


He'll keep scamming his cult and they'll keep being stupid enough to go along.


_________________
The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing. —Malcolm X
If you feel useless, just remember the USA took four presidents, thousands of lives, trillions of dollars and 20 years to replace the Taliban with the Taliban.


League_Girl
Veteran
Veteran

User avatar

Joined: 4 Feb 2010
Gender: Female
Posts: 27,299
Location: Pacific Northwest

12 Jan 2021, 1:42 pm

Jiheisho wrote:
You talk like he never went out of business before...


He's a rich guy but with every business dropping him, how will he still make his money?


_________________
Son: Diagnosed w/anxiety and ADHD. Also academic delayed and ASD lv 1.

Daughter: NT, no diagnoses. Possibly OCD. Is very private about herself.


Tross
Veteran
Veteran

User avatar

Joined: 22 Jan 2012
Age: 37
Gender: Male
Posts: 867

12 Jan 2021, 3:08 pm

Don't forget, his tax returns said he owes $1.1 billion in loans that will be due in the next couple years. Yeah, he's screwed. Sadly, I think his cultists will pay for his 2024 campaign if the Democrats are unable to put a stop to it on Wednesday.



Fnord
Veteran
Veteran

Joined: 6 May 2008
Gender: Male
Posts: 60,939
Location:      

12 Jan 2021, 3:48 pm

League_Girl wrote:
Jiheisho wrote:
You talk like he never went out of business before...
He's a rich guy but with every business dropping him, how will he still make his money?
A GoFundMe page?

:shrug: Who knows?



League_Girl
Veteran
Veteran

User avatar

Joined: 4 Feb 2010
Gender: Female
Posts: 27,299
Location: Pacific Northwest

12 Jan 2021, 4:02 pm

Fnord wrote:
League_Girl wrote:
Jiheisho wrote:
You talk like he never went out of business before...
He's a rich guy but with every business dropping him, how will he still make his money?
A GoFundMe page?

:shrug: Who knows?


And who is going to support him? Oh, his minions duh. :facepalm:

But will GoFundMe let him on their site?


_________________
Son: Diagnosed w/anxiety and ADHD. Also academic delayed and ASD lv 1.

Daughter: NT, no diagnoses. Possibly OCD. Is very private about herself.


Last edited by League_Girl on 12 Jan 2021, 4:14 pm, edited 1 time in total.

Double Retired
Veteran
Veteran

User avatar

Joined: 31 Jul 2020
Age: 70
Gender: Male
Posts: 6,764
Location: U.S.A.         (Mid-Atlantic)

12 Jan 2021, 4:11 pm

With any luck he might still be able to get government-housing--with a nice, orange uniform.


_________________
When diagnosed I bought champagne!
I finally knew why people were strange.


Fnord
Veteran
Veteran

Joined: 6 May 2008
Gender: Male
Posts: 60,939
Location:      

12 Jan 2021, 4:27 pm

Double Retired wrote:
With any luck he might still be able to get government-housing--with a nice, orange uniform.
I doubt that anyone would notice if he dropped the soap.



Double Retired
Veteran
Veteran

User avatar

Joined: 31 Jul 2020
Age: 70
Gender: Male
Posts: 6,764
Location: U.S.A.         (Mid-Atlantic)

12 Jan 2021, 4:38 pm

I did not need that mental image!! ! :shaking:


_________________
When diagnosed I bought champagne!
I finally knew why people were strange.


goldfish21
Veteran
Veteran

User avatar

Joined: 17 Feb 2013
Age: 42
Gender: Male
Posts: 22,612
Location: Vancouver, BC, Canada

12 Jan 2021, 6:04 pm

Fnord wrote:
Double Retired wrote:
With any luck he might still be able to get government-housing--with a nice, orange uniform.
I doubt that anyone would notice if he dropped the soap.


:lol: :lol: :lol:


_________________
No :heart: for supporting trump. Because doing so is deplorable.


Fnord
Veteran
Veteran

Joined: 6 May 2008
Gender: Male
Posts: 60,939
Location:      

12 Jan 2021, 6:07 pm

Double Retired wrote:
I did not need that mental image!! ! :shaking:

goldfish21 wrote:
Fnord wrote:
Double Retired wrote:
With any luck he might still be able to get government-housing--with a nice, orange uniform.
I doubt that anyone would notice if he dropped the soap.


:lol: :lol: :lol:
Palindromic appearances do tend to have an effect on people.



goldfish21
Veteran
Veteran

User avatar

Joined: 17 Feb 2013
Age: 42
Gender: Male
Posts: 22,612
Location: Vancouver, BC, Canada

12 Jan 2021, 6:10 pm

It would be hilarious if no one wants to buy any trump properties because they’re so tainted by his name that they all end up seized by governments & auctioned off to pay tax debts. 8)


_________________
No :heart: for supporting trump. Because doing so is deplorable.


VegetableMan
Veteran
Veteran

Joined: 11 Jun 2014
Gender: Male
Posts: 5,208
Location: Illinois

12 Jan 2021, 6:13 pm

I hear he's going to unload a warehouse full of old steaks. Don't buy them, no matter how cheap they are! Just don't!


_________________
What do you call a hot dog in a gangster suit?

Oscar Meyer Lansky


roronoa79
Veteran
Veteran

User avatar

Joined: 22 Jan 2012
Gender: Male
Posts: 1,414
Location: Indiana

13 Jan 2021, 9:41 am

I'd love to see him go bankrupt after all this. It'd be hilarious to see his business in NYC dry up because everyone hates him. What friends is he going to have left in the business world after all this anyway? The My Pillow guy? Private military contractors?


_________________
Diagnoses: AS, Depression, General & Social Anxiety
I guess I just wasn't made for these times.
- Brian Wilson

Δυνατὰ δὲ οἱ προύχοντες πράσσουσι καὶ οἱ ἀσθενεῖς ξυγχωροῦσιν.
Those with power do what their power permits, and the weak can only acquiesce.
- Thucydides

Conservatism discourages thought, discussion, consensus, empathy, and hope.