The Many Business Failures of Donald Trump
He's running for president (maybe) on his business record. One problem: that record sucks
Trump Mortgage
Launching his new mortgage brokering business in April 2006, the Donald said, "Trump Mortgage is going to take better care of people than anyone in the mortgage industry ever has." But, as CNN Money put it, "if Trump is trying to build a mortgage brand on honesty, he seems to have said 'You're hired' to the wrong executive.' It turned out the guy he tapped to head the company, who'd claimed to be "a top
executive at one of Wall Street's most prestigious investment banks" had only meager banking credentials (albeit solid experience in nutritional supplement business). Trump Mortgage didn't make it
through 2007.
Related: One Top-Notch Novelty Act: A Conversation with Donald Trump by Eric Hedegaard
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