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applegrove

(118,600 posts)
Mon Mar 23, 2020, 08:59 PM Mar 2020

So did Trump just find out last night that the real estate market was going to tank

when he decided to only give the US til April 15 to fight coronavirus before it is back to business as normal?

Later:

"SNIP.....

Trump Closed His Clubs as He Reevaluates Lockdowns

March 23, 2020 at 8:38 pm EDT By Taegan Goddard 95 Comments

https://politicalwire.com/2020/03/23/trump-closed-his-clubs-as-he-reevaluates-lockdowns/

“President Trump’s private business has shut down six of its top seven revenue-producing clubs and hotels because of restrictions meant to slow the spread of the novel coronavirus, potentially depriving Trump’s company of millions of dollars in revenue,” the Washington Post reports.

“Those closures come as Trump is considering easing restrictions on movement sooner than federal public health experts recommend, in the name of reducing the virus’s economic damage.”

......SNIP"

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So did Trump just find out last night that the real estate market was going to tank (Original Post) applegrove Mar 2020 OP
First President to file for Bankruptcy ... while in office ? Jarqui Mar 2020 #1
a lot of people are saying onethatcares Mar 2020 #2
He can't file for bankruptcy. He is no longer involved in the business. JustABozoOnThisBus Mar 2020 #3

JustABozoOnThisBus

(23,338 posts)
3. He can't file for bankruptcy. He is no longer involved in the business.
Tue Mar 24, 2020, 08:41 AM
Mar 2020

It's all in a blind trust, managed by independent fiduciary managers (named Don Jr, Eric, and Ivanka).

So it's all aboveboard.

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