About character, integrity, and being racist
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How do you square ‘of the highest integrity’ with all the stories of him stiffing small vendors?
@jon-nyc said in About character, integrity, and being racist:
How do you square ‘of the highest integrity’ with all the stories of him stiffing small vendors?
Or suing elderly widows to try and force them to sell their home?
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"Racist" isn't among the main problems with Trump. Also, the word has become mostly devoid of meaning in modern conversation. It's the word progressives use to express disagreement.
@Klaus said in About character, integrity, and being racist:
"Racist" isn't among the main problems with Trump. Also, the word has become mostly devoid of meaning in modern conversation. It's the word progressives use to express disagreement.
As someone said, "When everything is 'racist,' nothing is 'racist.'"
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Today, Walker said that he has lost friends because of his support of Trump.
How pathetic is that...
...of course, there's at least one member here (rarely visits any more) who stated that he will "defriend" anyone who is a Trump supporter.
So much for tolerance, I suppose.
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How do you square ‘of the highest integrity’ with all the stories of him stiffing small vendors?
@jon-nyc said in About character, integrity, and being racist:
How do you square ‘of the highest integrity’ with all the stories of him stiffing small vendors?
There are many layers of managers and corporate wheels between the top dog and a small vendor.
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@jon-nyc said in About character, integrity, and being racist:
How do you square ‘of the highest integrity’ with all the stories of him stiffing small vendors?
There are many layers of managers and corporate wheels between the top dog and a small vendor.
@Larry said in About character, integrity, and being racist:
@jon-nyc said in About character, integrity, and being racist:
How do you square ‘of the highest integrity’ with all the stories of him stiffing small vendors?
There are many layers of managers and corporate wheels between the top dog and a small vendor.
Ah. So is the explanation that this is normal practice or that Trump didn't know/direct?
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Not getting paid on development projects is a known risk when dealing with developers. I’m not defending it but it is nowhere near as rare as it is being made out. He may have overreached on the Taj Mahal after great success with the prior two Atlantic City properties, but he was also blindsided by Black Friday and higher interest rates.
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Not that I know of. But I was in the securities side, not commercial banking.
By the way I don't think the idea that this is standard fare for a 100MM company holds water. He had a special reputation for stiffing people. Note that he was always dealing with foreign banks. US banks knew better. Maybe they got burned decades earlier.
"You never know what worse luck your bad luck has saved you from."
-Cormac McCarthy -
Not true at all. You just didn't hear of it until then.
US banks quit dealing with him ages ago.
@jon-nyc said in About character, integrity, and being racist:
Not true at all. You just didn't hear of it until then.
US banks quit dealing with him ages ago.
I googled that. I found that the NYT, WP, and a few other similar "news" sources made that claim, but then it quickly spiraled down into a quagmire of conspiracy theory nonsense that got crazier and crazier. Then I found where he had negotiated with several banks to save his company when the SHTF, but it seems that all were eventually satisfied, so I think this is another case of a story with a grain of truth, cherry picked to omit the parts that hurt the narrative, and pretty much just typical bull shit.
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Not that I know of. But I was in the securities side, not commercial banking.
By the way I don't think the idea that this is standard fare for a 100MM company holds water. He had a special reputation for stiffing people. Note that he was always dealing with foreign banks. US banks knew better. Maybe they got burned decades earlier.
@jon-nyc said in About character, integrity, and being racist:
Not that I know of. But I was in the securities side, not commercial banking.
By the way I don't think the idea that this is standard fare for a 100MM company holds water. He had a special reputation for stiffing people. Note that he was always dealing with foreign banks. US banks knew better. Maybe they got burned decades earlier.
No one said it was standard fare.
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The top person in the company sets the tone. I agree that he/she will not be involved in every decision, but people below them certainly know the ethics and "tone" of the company and react appropriately.
Example: A friend of mine worked for a company where it was forbidden to have a relationship with a direct report. Under the previous head of the company, the rule was there, but "wink wink", there was no real punishment.
New CEO came in, reinforced the rule (among other things). A very high performer (junior vice minister or something like that) was found to be having a relationship with his secretary. Next day, his office was cleaned out and he was gone. Was the CEO personally involved in the removal - I doubt it. And he may not have even know about it. But, everybody knew what happened.
BUT, you can be sure that this did not occur again with anybody else.
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That really does not matter at all. Development is by its nature speculative. If any of the assumptions under which the project was initiated fail to be accurate the project can be in jeopardy. I've seen many projects fail, particularly around 2009, and lots of vendors got stiffed there too. If there's no money no one gets paid.
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That really does not matter at all. Development is by its nature speculative. If any of the assumptions under which the project was initiated fail to be accurate the project can be in jeopardy. I've seen many projects fail, particularly around 2009, and lots of vendors got stiffed there too. If there's no money no one gets paid.
@Mik Good point and accurate, but my understand is that this did not just start in 22009.
