Trump: Owns 500 businesses, 4 bankruptcies, 3500 lawsuits

Discussion in 'Politics, Religion, Social Issues' started by thermodynamic, Aug 3, 2016.

  1. thermodynamic Suspended


    May 3, 2009
    Inquiry - compared to other companies, are his stats average, better than, or worse than?

    He clearly can't know everything going on in every one but admits "I'll use them" regarding laws that currently exist. Who wouldn't?

    500 businesses, for which 4 failed - are these bad odds?

    3500 lawsuits and litigation -- to compare, let's say that one company has 10 lawsuits over 30 years. 500 companies with 10 lawsuits for each = 5000 lawsuits total. Are these stats that heinous as some make them out to be on social media (Facebook, et al)?

    Still am waiting for the debates to make up my mind and why, but the Trump naysayers almost never mention ratio of total vs bankrupt, and other situations.
  2. sodapop1 Suspended


    Sep 7, 2014
  3. zin macrumors 6502

    May 5, 2010
    United Kingdom
    Close to half of all 3,500 court cases involved lawsuits against gamblers who owed debt to his casinos.

    About 700 lawsuits were personal injury claims against Trump enterprises.

    Of the 1,300 lawsuits with an official outcome (from court records), 500 were dismissed, 450 were won, 175 were settled, and 38 were lost (remaining number were 'other').

    The more you know.
  4. vrDrew macrumors 65816

    Jan 31, 2010
    Midlife, Midwest

    I think you might want to look at my discussion of the "500 companies" number when considering this question.

    I hate to quote myself (it seems wrong on many levels) - but there you have it.
  5. rdowns macrumors Penryn


    Jul 11, 2003

    Yes, four.

    1. Trump Steaks
    3. Trump Airlines
    4. Trump Vodka
    4. Trump Mortgage
    4. Trump: The Game
    4. Trump Magazine
    4. Trump University
    4. Trump Ice
    4. New Jersey Generals
    4. Tour de Trump
    4. Trump on the Ocean
    4. The Trump Network
    4. Trumped!
    4. Trump New Media
    4. The Apprentice Board Game
    4. Trump Entertainment Resorts

    I'm sure I left some out.
  6. Snoopy4 macrumors 6502a


    Dec 29, 2014
    Only 3,500 lawsuits? People sue big companies all the time. Especially if you operate a place like a hotel where people fall down escalators while being stupid.
  7. yaxomoxay macrumors 68020


    Mar 3, 2010
    I think that it actually sold out, and it was never re-printed. I need it for my collection.
  8. AlliFlowers Contributor


    Jan 1, 2011
    L.A. (Lower Alabama)
    And don't forget, the Trump U lawsuit is now going to trial before the elections. Let's see Trump wiggle out of this one.
  9. duffman9000 macrumors 68000


    Sep 7, 2003
    Deep in the Depths of CA
    He can't. It may show his real net worth. Trump has admitted in court that he tries to be honest when asked about his net worth. Yes, he TRIES!! LOL!

    He even admitted that his net worth fluctuates with markets and attitudes and with feelings, even his own feelings. I wish I was making this up!

    Imagine, this is the ultimate "I can feel it my bones" excuse. I'm worth 10 billion, no wait, that was just a fart.
  10. sodapop1 Suspended


    Sep 7, 2014
    Yeah, Trump is nothing but a narcissistic con-artist who has only looked out for himself his entire life but what amazes me is that despite knowing all of this, his clueless followers somehow believe he is their savior.
  11. steve knight macrumors 68020

    steve knight

    Jan 28, 2009
    he has over 100 lawsuits since he started his presidential run. trump uses suing to get his way.

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