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Purveyor

(29,876 posts)
Fri Jul 3, 2015, 02:20 AM Jul 2015

Presidential Run May Be One Of Trump's Costlier Business Decisions

By Kurtis Lee contact the reporter

Running for president may turn out to be one of Donald Trump's more costly business decisions.

Fallout from Trump's disparaging comments about Mexican immigrants continued Thursday as left-leaning groups pressed businesses to sever ties with the real estate mogul. The negative publicity could damage the personal brand that makes up a big chunk of Trump's claimed net worth.

Trump pegs the value of his brand at $3.3 billion, more than a third of his claimed net worth of $8.7 billion. Outside estimators have given the brand a much lower value. Forbes, for example, estimates it at closer to $125 million and Trump's net worth at $4.1 billion.

Many of the companies associated with Trump through licensing agreements are facing attacks on social media. The barrage appears to be working in some cases.

The mattress firm Serta announced Thursday that it would separate from Trump, tweeting in response to a viral #DumpTrump hashtag that it would not renew its contract with him at the end of the year. The Illinois-based manufacturer makes Trump Home iSeries mattresses, with some priced as much as $4,000.

more...

http://www.latimes.com/business/la-fi-trump-business-20150703-story.html

7 replies = new reply since forum marked as read
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Presidential Run May Be One Of Trump's Costlier Business Decisions (Original Post) Purveyor Jul 2015 OP
He could probably hook up with American Standard toilets. Fuddnik Jul 2015 #1
LOL! Art_from_Ark Jul 2015 #7
A real lesson for us in all this. merrily Jul 2015 #2
Meh... Wounded Bear Jul 2015 #3
Could corporate bankruptcy #5 SamKnause Jul 2015 #4
I wouldn't be surprised. pugetres Jul 2015 #6
Dump Trump Latrecia Bennett Jul 2015 #5
 

pugetres

(507 posts)
6. I wouldn't be surprised.
Fri Jul 3, 2015, 04:10 AM
Jul 2015

He is a grifter extraordinaire.

He has never been successful in anything but the short term. And, I think he uses short term gains against the slowness of American courts to his financial benefit. Go ahead and sue him. The money he steals from you will earn him twice as much as any court will make him repay.

I think he was counting on the backing of NBC and Univision though. Any monies he paid out running for prez would be repaid with continued long-term contracts with his partners. That used to be a good investment: he didn't have to sell himself, NBC/Univision would peddle him for their own profit. But, with his partners backing out...ouch!

The only thing that I believe will keep in the running is his ego. And, he has ego in spades.

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