Okay, how it gets worse: Trump took the paper losses for Trump organization by accelerating the depreciation on the properties before the company went public. Thus, when the company DID go public, the assets were actually worth LESS than the value assigned and the stock, correspondingly, went from $35.50/share to $.17 - yes, a penny stock. Trump got paid 85 million, while his investors went broke and the company went into bankruptcy. I think that is either stock fraud or bankruptcy fraud, maybe both.


A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich