Newsweek drops the hammer on Trump .... link to daily kos
http://www.dailykos.com/stories/2016/8/2/1555822/-OUCH-Newsweek-exposes-Trump-as-the-business-fraud-he-is
My favorite stuff from the article:
Trump lied to Congress.
Trump was publicly insulting Native Americans while other real business people were making deals to help manage their casinos.
Trump signed a deal with one Native American casino, and they paid him $6 million to go away.
Trump punched his second grade teacher
Trump lied in his books, then blamed the same woman he blamed for Melania Trump’s plagiarized speech.
Trump lied in a filing with a bank where he was trying to get a loan about how much he was worth.
Trump lied about how much money he got from his dad.
Trump’s dad gave him illegal loans by taking cash to his casino, turning it over at a craps table, loading up a suitcase with $5,000 chips, and leaving.
Trump’s earliest deals all lost money and he only did well when his dad guaranteed loans.
Trump spent $1 million per plane to turn a shuttle into a luxury trip that no one wanted to take. The planes were only worth $4 million each.
snip
Trump tells everyone he is a gazillionaire. How does he decide his net worth?
Trump is quick to boast that his purported billions prove his business acumen, his net worth is almost unknowable given the loose standards and numerous outright misrepresentations he has made over the years. In that 2007 deposition, Trump said he based estimates of his net worth at times on “psychology” and “my own feelings.” But those feelings are often wrong—in 2004, he presented unaudited financials to Deutsche Bank while seeking a loan, claiming he was worth $3.5 billion. The bank concluded Trump was, to say the least, puffing; it put his net worth at $788 million, records show. (Trump personally guaranteed $40 million of the loan to his company, so Deutsche coughed up the money. He later defaulted on that commitment.)