Trump’s business and political ambitions poised to converge as he testifies in New York civil case

  • 📰 chicagotribune
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 91%

Business News News

Business Business Latest News,Business Business Headlines

When Donald Trump testifies in his New York City civil fraud trial, it will be an undeniable spectacle.

When Donald Trump takes the stand Monday in a Manhattan courtroom to testify in his civil fraud trial, it will be an undeniable spectacle: a former president and the leading Republican presidential candidate defending himself against allegations that he dramatically inflated his net worth. The charges cut to the very heart of the brand Trump spent decades carefully crafting and put him at risk of losing control of much of his business empire.

Trump is also likely to be asked about how he views and values his brand – and the economic impact of his fame and time as president -- and may be asked to explain claims that his financial statements actually undervalued his wealth. Trump has argued that disclaimers on his financial statements should have alerted people relying on the documents to do their own homework and verify the numbers themselves – an answer that he’s likely to repeat on the witness stand.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines