Business Description Summary - Comments
Trump University

First thing first, Trump University was never a university. When the “school” was established in 2005, the New York State Education Department warned that it was in violation of state law for operating without a NYSED license. Trump ignored the warnings. (The institution is now called, ahem, “Trump Entrepreneur Initiative.”) Cue lawsuits. Trump University is currently the defendant in three lawsuits — two class-action lawsuits filed in California, and one filed in New York by then-attorney general Eric Schneiderman, who told CNN’s New Day in 2013: “We started looking at Trump University and discovered that it was a classic bait-and-switch scheme. It was a scam, starting with the fact that it was not a university.”

http://www.nationalreview.com/corner/432010/trump-university-scam

http://www.npr.org/sections/thetwo-way/2016/05/31/480214102/trump-university-playbooks-released-by-court-advise-being-courteous-to-media

http://www.huffingtonpost.com/entry/trump-university-playbook_us_574dff7ee4b0af73af95b726

http://finance.yahoo.com/news/12-donald-trump-businesses-that-no-longer-exist-204923129.html

 

Trump Airlines

In October 1988, Donald Trump threw his wallet into the airline business by purchasing Eastern Air Shuttle, a service that for 27 years had run hourly flights between Boston, New York City and Washington, D.C. For roughly $365 million, Trump got a fleet of 17 Boeing 727s, landing facilities in each of the three cities and the right to paint his name on an airplane. But his gamble was a bust. A lack of increased interest from customers (who favored the airline for its convenience not its fancy new look) combined with high pre–Gulf War fuel prices meant the shuttle never turned a profit. The high debt forced Trump to default on his loans, and ownership of the company was turned over to creditors. The Trump Shuttle ceased to exist in 1992.

http://content.time.com/time/specials/packages/article/0,28804,2068227_2068229_2068223,00.html
Trump Vodka

Trump vodka was introduced in 2006 to much fanfare. Under the slogan "Success Distilled," the liquor was touted as the "epitome of vodka" that would "demand the same respect and inspire the same awe as the international legacy and brand of Donald Trump himself." At the time, Trump predicted the T&T (Trump and Tonic) would become the most requested drink in America, surpassed only by the Trump Martini. The New York City blog Gothamist reports the vodka has stopped production "because the company failed to meet the threshold requirements."

http://content.time.com/time/specials/packages/article/0,28804,2068227_2068229_2068224,00.html

 

 

The Bankruptcies

 

Trump Entertainment Resorts Inc. — 4 bankruptcies (1991, 2004, 2009, 2014)

 

http://content.time.com/time/specials/packages/article/0,28804,2068227_2068229_2068209,00.html
The Marriages

 

 

http://content.time.com/time/specials/packages/article/0,28804,2068227_2068229_2068248,00.html
Trump Mortgage

 

 

http://content.time.com/time/specials/packages/article/0,28804,2068227_2068229_2068342,00.html
Trump: The Game  

http://content.time.com/time/specials/packages/article/0,28804,2068227_2068229_2068132,00.html

 

The China Connection  

http://content.time.com/time/specials/packages/article/0,28804,2068227_2068229_2068318,00.html

 

Trump Casinos  

http://content.time.com/time/specials/packages/article/0,28804,2068227_2068229_2068237,00.html

 

Trump Steaks  

http://finance.yahoo.com/news/12-donald-trump-businesses-that-no-longer-exist-204923129.html

 

Trump Ice  

http://finance.yahoo.com/news/12-donald-trump-businesses-that-no-longer-exist-204923129.html

 

GoTrump.com  

http://finance.yahoo.com/news/12-donald-trump-businesses-that-no-longer-exist-204923129.html

 

Trump Magazine (2007 – 2009)  

http://finance.yahoo.com/news/12-donald-trump-businesses-that-no-longer-exist-204923129.html

 

The New Jersey Generals (1983 – 1985)   http://finance.yahoo.com/news/12-donald-trump-businesses-that-no-longer-exist-204923129.html
Trump Tower Tampa (2006 – 2007)  

http://finance.yahoo.com/news/12-donald-trump-businesses-that-no-longer-exist-204923129.html

 

     
Final Conclusion:

 

 

 

 

 

 

NONE PARTISAN FACTS - NOT RED - NOT BLUE - NOT FOXNEWS - NOT MSNBC

www.factcheck.org           www.Politifact.org

NOTE :if you would like to add, change, challenge or comment on any of the facts on this page, please click here.

 
 

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