Trump Had A Public Company Before. It Was A Disaster

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ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

The former president announced plans Wednesday to take new firm Trump Media and Technology Group public via a SPAC. The next day, shares jumped more than 350%. Here’s why investors should be wary.

onald Trump announced plans Wednesday to turn a new firm, named Trump Media and Technology Group, into a publicly traded business by merging it with a special purpose acquisition company, or a SPAC. If the deal goes through, it could allow Trump’s company to access about $290 million in cash, which it could then use to build a Twitter knockoff and launch additional media ventures. Investors are thrilled with the idea—shares of the SPAC jumped more than 350% on Thursday.

It didn’t take long for Donald John Trump to betray his shareholders, acting in ways that benefitted himself but harmed the larger business. Trump Hotels and Casino Resorts started with just one Atlantic City casino, but Trump personally held another two outside of the firm. Less than a year after taking the company public, he used it to buy one of his two other casinos, the debt-burdened Taj Mahal, in a deal that valued his stake at $40.5 million.

Trump retained his role as chairman of the company, which changed its name to Trump Entertainment Resorts, but he lost his job as chief executive. As part of a new services agreement, the firm still paid him about $2 million a year, more than the replacement CEO collected in annual salary. Trump also got the ability to nominate several board members. His 25-year-old daughter, Ivanka Trump, joined the board in 2007. For her services, Ivanka received $150,000 of cash annually.

 

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Literally everything this man touches turns to shit. The opposite of the midas touch.

Yeah like we better now take a look around stop cover the sun with 1 finger

Cornholio 2024

Why are you still talking about Trump?

I love how never posts anything positive about Trump. Lol. 🤡

The fact this has liberals head exploding is the only reason why I am investing. Dont get it twisted.

1. Trump Steaks 2. GoTrump 3. Trump Airlines 4. Trump Vodka 5. Trump Mortgage 6. Trump: The Game 7. Trump Magazine 8. Trump University 9. Trump Ice 10. The New Jersey Generals 11. Tour de Trump 12. Trump Network 13. Trumped! 14 Trump presidency

Everything this man has touched, including our Country, has been a complete disaster!

Scamming is MUCH easier with SPACs. And Trump has SOOOO Many willing dupes, nowadays.

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Trump is a disaster.

Of course, HE is a disaster.

'Let Your money work for You'-myth: Has it (the money) hands to be productive, or is it just a misconception of laziness ?

This Is a new company can’t judge the first one off the last one. (More experience)

What is an a disaster that that man does

trump pain should be enrolled as mental disease

I never understood why people would praise other people as if they could walk on water then when they can't investors get disappointed

The only reason he's going this route to finance his new scheme is he knows no bank is going to refinance loans issued to someone who is more than likely going to be behind bars before the loan is repaid.

and always fake news :))

So what?

RT : Trump Had A Public Company Before. It Was A Disaster

The word bankrupt is highly associated with Trump Now morally bankrupt defines his cult

👍👍

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 /  🏆 394. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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Key Investor Bails After Learning He's In New Trump Company: 'Not A Close Call'Trump's new social media company shot up in value, but at least one investor says it's not about the money.
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Donald Trump Announces Launch of Media Company, Social PlatformTrump says his goal in launching the Trump Media & Technology Group and its 'TRUTH Social' app is to create a rival to the Big Tech companies that have shut him out and denied him the megaphone that was paramount to his national rise. Who gives a fuck Didn't he already try this Watch this fail as well!!!
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Shares Of SPAC Behind Trump Social Media Company Jump 295%Trump unveiled plans for a new social media company called 'TRUTH Social' on Wednesday. Trump selling naked unregistered shares in $DWAC bout now... Buy $DRV end the fraud 🤥🤥🤥
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