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Thursday, April 21, 2011

'In Financial Circles, It's PRETTY WELL KNOWN That Trump Is a Deadbeat'

'In Financial Circles, It's Pretty Well Known That Trump Is a Deadbeat'

"Everybody knows that Donald Trump is a showman, and that's helped rocket him to a level of political celebrity most people wouldn't have imagined. But it looks to me like Trump is about to experience the downside of sudden political fame. That downside is scrutiny. Trump doesn't seem to mind--indeed, seems rather to enjoy--the scrutiny of his personal life, the models, etc. But he's awfully thin-skinned about his business affairs, and that's where things are heading next.

Last night, NBC News did a damning expose of Trump's record, which is replete with bankruptcies, lawsuits, and aggrieved former investors. But that only scratched the surface. Trump's hilarious, bombastic dismissal of Mitt Romney's business career, coupled with his heightened political profile and rampant egotism, suddenly seems to be rubbing Wall Street folks the wrong way. Financiers who chuckled about Trump, have become peeved and willing to share their thoughts on his business acumen."

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