Thursday, September 5, 2024

Where Did Trump's Money Come From?

 


Mrs. Betty Bowers, America's Best Christian

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Please think about supporting my work at Patreon.com/MrsBettyBowers Sources for Donald Trump's Financial History: Early Wealth and Real Estate: Fred Trump’s Business: Donald Trump’s father, Fred Trump, was indeed a successful real estate developer, focusing on affordable housing. For historical context, this is covered in biographies and investigative journalism such as "The Trumps: Three Generations of Builders and a President" by Gwenda Blair. Loans and Financial Support: The claim that Donald Trump received significant financial support from his father is documented in various reports. For example, The New York Times published an investigative report in 2018 revealing that Donald Trump received the equivalent of $413 million from his father’s business empire through various means (https://www.nytimes.com/2018/10/02/us.... Real Estate Projects and Failures: Grand Hyatt and Trump Tower: The early successes and later failures in Donald Trump’s real estate ventures are well-documented. For instance, "Trump: The Art of the Deal" and numerous biographies offer insights, though they often present Trump's own narrative. Atlantic City Casinos: The struggles of Trump’s Atlantic City casinos are well-known. They filed for bankruptcy multiple times in the 1990s. Detailed accounts can be found in business journalism, such as reporting by The Wall Street Journal and CNBC. Financial Losses and Tax Returns: Tax Returns and Losses: The New York Times investigation into Trump’s tax returns revealed substantial financial losses and debt (https://www.nytimes.com/2020/09/27/us.... This aligns with the narrative of ongoing financial difficulties during the 1990s. Deutsche Bank Loans: Loans from Deutsche Bank: Reports have detailed Trump’s extensive borrowing from Deutsche Bank, particularly after other lenders became wary. This information is covered in reports from Bloomberg and The Financial Times. The Apprentice and Branding: The Apprentice and Earnings: Donald Trump’s earnings from "The Apprentice" and the impact on his brand are well-documented. Articles in The Hollywood Reporter and Variety discuss the financial success of the show and Trump’s branding deals. Licensing and Merchandising: The various endorsements and branding deals Trump engaged in, including the controversial and dubious ventures, have been reported by multiple sources including Forbes and business news outlets. Presidency and Financial Issues: Conflict of Interest and Payments: The scrutiny over payments from foreign governments and business dealings during Trump’s presidency has been covered by news organizations such as The Washington Post and The New York Times. Secret Service Expenses: Reports on the costs incurred by the Secret Service for staying at Trump properties are detailed in articles from major news outlets, including The Guardian, the Washington Post, and NBC News. Post-Presidency Financial Activity: Post-Presidency Fundraising: Trump’s post-presidency fundraising efforts and the claims of misuse of funds are covered in investigative reports and news articles. The Washington Post and Politico have detailed how funds were solicited and used.

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