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@ PerryM ✅
2025-03-12 21:17:28
Trump graduated from U Pa with a degree in economics. He apparently didn't learn much about business!
In 1988 he purchased Eastern Airlines Shuttle for $380M and renamed it to Trump Shuttle with a loan from a syndicate of 22 different banks.
The company was never profitable. 4 years later he defaulted on his loans and the Banks assumed ownership of Trump's airline!
This was NOT one of Trump's 6 bankruptcies!
https://assets.newsie.social/media_attachments/files/114/151/532/473/153/550/original/085bc17c288c5053.jpg