18 October 2018

Pump and Dump

ProPublica published a deeply researched piece yesterday (link here) about how Donald Trump has deeply mislead the American people and also his real estate investors about his involvement in various building projects.

The article explains at the beginning: "An eight-month investigation ... reveals that the post-millennium Trump business model is different from what has been previously reported. The Trumps were typically way more than mere licensors or bystanders in their often-troubled deals. They were deeply involved in these projects. They helped mislead investors and buyers — and they profited handsomely from it."

"Patterns of deceptive practices occurred in a dozen deals across the globe, as the business expanded into international projects, and the Trumps often participated. One common pattern, visible in more than half of those transactions, was a tendency to misstate key sales numbers."

Hopefully federal prosecutors are already investigating these incidents for possible crimes.

I recommend reading the linked article. It's on the long side but nonetheless provides a clear picture of the President's dishonesty and potential criminality.

Alternatively, you can download the article in audio form (link here) and listen on your iPod or MP3 player.

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