Trump under fire over business plan - News Summed Up
Trump under fire over business plan

Trump under fire over business plan


Longtime Trump associate Allen Weisselberg, currently the company’s chief financial officer, will assist the Trump sons in running the business, according to Dillon. “Selling the entire Trump organization isn’t even feasible,” she added. Instead the plan would “sever” the presidency from the Trump Organization and in addition Trump will donate all proceeds from any foreign officials to his hotels to the US Treasury, she said. Shaub said the refusal to engage in new deals does not solve the problem of existing business interests, and called on Trump to divest fully. According to PrivCo, which seeks to provide financial and business information on private companies, The Trump Organization employs about 22,000 people and had revenues of $9.5 billion in 2014.


Source:Manila Times January 12, 2017 04:07 UTC





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