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Hundreds of people allege that Donald Trump doesn't pay his bills

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http://www.usatoday.com/story/news/...bills-republican-president-laswuits/85297274/

During the Atlantic City casino boom in the 1980s, Philadelphia cabinet-builder Edward Friel Jr. landed a $400,000 contract to build the bases for slot machines, registration desks, bars and other cabinets at Harrah's at Trump Plaza.

The family cabinetry business, founded in the 1940s by Edward’s father, finished its work in 1984 and submitted its final bill to the general contractor for the Trump Organization, the resort’s builder.

Edward’s son, Paul, who was the firm’s accountant, still remembers the amount of that bill more than 30 years later: $83,600. The reason: the money never came. “That began the demise of the Edward J. Friel Company… which has been around since my grandfather,” he said.

Not old news, this just happened last month:

ust last month, Trump Miami Resort Management LLC settled with 48 servers at his Miami golf resort over failing to pay overtime for a special event. The settlements averaged about $800 for each worker and as high as $3,000 for one, according to court records. Some workers put in 20-hour days over the 10-day Passover event at Trump National Doral Miami, the lawsuit contends. Trump’s team initially argued a contractor hired the workers, and he wasn’t responsible, and counter-sued the contractor demanding payment.

In 2007, for instance, dishwasher Guy Dorcinvil filed a federal lawsuit against Trump’s Mar-A-Lago Club resort in Palm Beach, Fla., alleging the club failed to pay time-and-a-half for overtime he worked over three years and the company failed to keep proper time records for employees.

Mar-A-Lago LLC agreed to pay Dorcinvil $7,500 to settle the case in 2008. The terms of the settlement agreement includes a standard statement that Mar-A-Lago does not admit fault and forbids Dorcinvil or his lawyers from talking about the case, according to court records.

Lot more in the article. The guy has not even paid his own lawyers at times.
 
"hey, I don't like paying bills either! Pretty smart of him to avoid doing it. That's the kind of financial know-how we need in the White House!"
 

Jarmel

Banned
Some of it sounds like good business tactics but that obviously won't leave a positive impressions on the public.
 

FStop7

Banned
A former friend whose family owns a plumbing business mentioned this to me around 10 years ago. He went on a huge rant about how Trump never pays for any of the work his family's company has done for him without having to get lawyers involved, etc.
 

Jarmel

Banned
Screw off with this. Its not "good business tactics" do be dishonest and a dick screwing over peoples livelyhoods

If it saves the company money, yes it's good business tactics. Of course there's other stuff like public perception to worry about.
 

Adaren

Member
This is expected from the guy who said "I would borrow, knowing that if the economy crashed, you could make a deal."
 

Crisco

Banned
I mean, the guy espouses bankruptcy as a legitimate business tactic to avoid paying your bills. He literally bragged about it during a debate. This won't change anyone's mind, just reaffirm what we all knew.
 
If it saves the company money, yes it's good business tactics. Of course there's other stuff like public perception to worry about.

It's not good business tactics, it's underhanded business tactics. This isn't even an issue of profitability.
 
Trump using his proven tactic: deny he ever did business with these people. Therefore; he doesn't have to pay the bills.
 
I mean, the guy espouses bankruptcy as a legitimate business tactic to avoid paying your bills. He literally bragged about it during a debate. This won't change anyone's mind, just reaffirm what we all knew.

Yeah, I mean, this is the obvious implication of things Trump has already bragged about doing. I think maybe the play here is to put a face and a story to the people who have been effected. Paint him as a guy who's screwed over people to help himself, all while promising the world.
 

Brandson

Member
Trump has implied that his economic plan for the country is to not pay its debts, and then to perhaps negotiate a smaller repayment, so this is not exactly surprising.
 

Jarmel

Banned
It's not good business tactics, it's underhanded business tactics. This isn't even an issue of profitability.

Running subcontractors down and not paying them, in the hope that they can't withstand a long legal battle, isn't unheard of. If a company can get away with it, chances are they'll do it. I remember the whole Zenimax and Human Head thing awhile back.

It's obviously not morally good but it is a known business tactic.
 

Afrodium

Banned
In college I had a landlord who never gave tenants their security deposits back unless they took him to court. Trump seems like that kind of scumbag.
 
My wife works in a huge optometrist practice. Rich people are always trying to get handouts and beg for free stuff. They used to do it to until she became a manager and put a stop to it.
 

TAJ

Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that.
If it saves the company money, yes it's good business tactics. Of course there's other stuff like public perception to worry about.

It can cost you money when word gets out and no one will take your business. I've seen it happen.
I also know someone who had his house burned down during the night, almost certainly by a contractor he'd stiffed but it was never proven.
I also knew a sub (now dead) who loaded a contractor's RV with all of his most personal possessions and put it over a cliff.
 

kingkaiser

Member
Trump after dealing with China

1162760.gif
 

Jarmel

Banned
It can cost you money when word gets out and no one will take your business. I've seen it happen. I also know someone who had his house burned down during the night, almost certainly by a contractor he'd stiffed but it was never proven.

I'm not saying there aren't possible negative ramifications, it definitely can impact you if you develop a reputation for it. Stuff like this though gets tangled in courts for years if it even gets that far, at which point most people lose interest.

That we can definitely agree on...this is nothing new. It's slimy enough that most folks wouldn't go near it, but it does happen, and Trump definitely didn't invent it.

Knowing Trump, he'll spin this into a positive like he did with the bankruptcy stuff.
 

massoluk

Banned
It is known. New York City is tired of him
The major banks, for their part, say they are leery of lending to him after having lost millions of dollars on past deals. Lawyers and contractors he has hired in the past say he is slow to pay his bills, and often shortchanges them. Even the few Wall Street executives who say privately that he is a friend are loath to speak publicly about him.
Besides the legal battles, the way Mr. Trump has managed business relationships has been a source of friction.

One contractor, who spoke on the condition of anonymity for fear of being sued by Mr. Trump, said Mr. Trump underpaid on one large job, at one of his towers, by almost $100,000. The contractor opted not to sue, estimating the litigation would cost more than the losses. The two parties have not done business since.

Lawyers who spoke to The Times had similar stories.
One New York institution Mr. Trump has been forced to deal with is Wall Street. Here bank executives are cautious, citing his previous bankruptcies and his propensity for litigation.

Fifteen companies with ties to Mr. Trump owe banks in excess of $270 million, according to his Federal Election Commission disclosures. The actual amount of debt is higher, however — the top range candidates are required to reveal is $50 million or above for any given loan.

Deutsche Bank is one of his main lenders; his filings show JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley are not currently lending to him.
http://www.nytimes.com/2016/02/24/nyregion/donald-trump-nyc.html
 

pigeon

Banned
If it saves the company money, yes it's good business tactics. Of course there's other stuff like public perception to worry about.

No, getting sued constantly for screwing people over relatively small amounts of money (for you, not them) is not good business tactics, if for no other reason than that eventually people will notice your pattern of behavior and change their interactions with you.
 
No, getting sued constantly for screwing people over relatively small amounts of money (for you, not them) is not good business tactics, if for no other reason than that eventually people will notice your pattern of behavior and change their interactions with you.

Yeah but this is the Trump brand we're talking about. I mean, he could go out on the street and shoot somebody and not lose any brand loyalty.
 

Brinbe

Member
All the dirt coming out and he hasn't even been formally nominated yet
KuGsj.gif


I guess this is all the art of the deal, right?
 

Jarmel

Banned
No, getting sued constantly for screwing people over relatively small amounts of money (for you, not them) is not good business tactics, if for no other reason than that eventually people will notice your pattern of behavior and change their interactions with you.

If you're losing revenue and potential business, yes. However it doesn't seem as if he's having problems finding new subcontrators. Which is partly why you see this sort of tactic in a number of industries.
 
He's been doing this for decades which always made me wonder why these contractors continue to do business with him. Even the ones he hasn't previously burned have certainly heard about it.
 

Slayven

Member
The man stood on national tv and said he would defualt on the national debt, you guys thought he was joking
 

AndyD

aka andydumi
He's been doing this for decades which always made me wonder why these contractors continue to do business with him. Even the ones he hasn't previously burned have certainly heard about it.

Sometimes it's the fame associated with saying "I built the X in the Trump casino". It can atttact a lot of other good business.
 
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