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Is Trump broke?
Trump’s main account that pays for legal fees, Save America, doesn’t have that kind of money. It’s spent almost all of the $154.6 million it raised since the 2020 election and had $3.7 million in the bank at the end of June.
The PAC spent it biggest chunk of money, $60 million, making transfers to Trump’s 2024 campaign super PAC, Make America Great Again, Inc. But in May and June, as his legal entanglements grew, that super PAC refunded $12.3 million back to Save America. Without those transfers, Save America would’ve been in debt.
originally posted by: dandandat2
Most of our Politicians go to Washington and become tremendously more wealthy than they started.
Trump goes to Washington and goes from being tremendously wealthy to broke.
And its Donald who is corrupt Politician enemy number one.
And we wonder why waist, fraud and abuse can't be fixed by our government.
Charles A. O’Reilly, the Frank E. Buck Professor of Management at Stanford Graduate School of Business, studies how the personalities of leaders shape the culture of organizations and the behavior of those who work in them.
“There are leaders who may be abusive jerks but aren’t really narcissists,” O’Reilly says. “The distinction is what motivates them. Are they driven to achieve some larger purpose? Do they really want to make the company or the country better, or accomplish some crazy goal like making electric cars mainstream and maybe colonizing Mars along the way? Or is it really all about their own aggrandizement?”
When their self-admiration has some basis in reality, narcissistic leaders can achieve great things; that was certainly the case with Steve Jobs at Apple. But over the past decade, researchers have grown increasingly concerned by the destructive effects of narcissists on organizations. Cautionary tales abound, from Enron to Uber to Theranos.
True narcissists, O’Reilly says, are self-serving and lack integrity. “They believe they’re superior and thus not subject to the same rules and norms. Studies show they’re more likely to act dishonestly to achieve their ends. They know they’re lying, and it doesn’t bother them. They don’t feel shame.” They are also often reckless in the pursuit of glory — sometimes successfully, but often with dire consequences.
originally posted by: Threadbare
a reply to: SigmaXSquared
Are you sure about that?
New York AG’s office alleges Trump inflated his net worth by as much as $2.2 billion in 1 year
Based on the undisputed evidence, no trial is required for the court to determine that defendants presented grossly and materially inflated asset values in the (statements of financial condition) and then used those SFCs repeatedly in business transactions to defraud banks and insurers,” the attorney general’s office wrote. “Notwithstanding defendants’ horde of 13 experts, at the end of the day, this is a documents case, and the documents leave no shred of doubt that Mr. Trump’s SFCs do not even remotely reflect the ‘estimated current value’ of his assets as they would trade between well-informed market participants.