Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
What does Donald Trump mean when he talks about his investors?
Does anyone have an equity stake in any of his businesses? Are any of his businesses partnerships or publicly-owned? I wonder if he's just talking about people who've loaned him money or licensed his name.
2 Answers
- 5 years agoFavorite Answer
His businesses are NOT publicly traded (anymore). He tried this 20+ years ago; if you bought stock in his company you lost money (the IPO was set at $30 a share; it ended up less than $0.25 a share- as in less than 25 cents). I'm not sure if there is an index that would allow him to be listed.
His investors are almost assuredly NOT American banks; they're the financial entities who have loaned him money (foreign banks, private equity firms, and let's-call-them "other" entities). His record of not paying back loans, combined with a high failure rate of his businesses (and his frankly abysmal record of repaying people for services rendered) don't exactly scream out 'loan this man hundreds of millions of dollars.' I've spoken to people at two large American banks who have explained this. This isn't politics (bankers don't care- they want nothing more than to know that if they loan someone money it's going to get repaid).
A good question to ask is this- why won't people who've done business with him do more deals with him (if they were making money they would)? This isn't political- it's about "does this investment make sense?" and the answer is almost always no.
Because he hasn't released his tax returns (which would show you where his income is coming from) there are a lot of unanswered questions. Notably what banks are loaning him money (Colony Capital which was the private equity firm he used for his Washington DC project has a track record of hotels going into receivership that is well beyond the industry average).
He's anything but a good investment. That's not political opinion, it's 40 years of results.