'These Are Massive Business Losses': NYT Reporter On President Donald Trump | Morning Joe | MSNBC

'These Are Massive Business Losses': NYT Reporter On President Donald Trump | Morning Joe | MSNBC

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Launching, let's launch into the bigger alright Jesse Ferguson the, former deputy national press secretary for Hillary Clinton tweeted this math to. Lose over 1, billion, dollars, over. Ten years Trump, lost. 11. Thousand four hundred and sixteen, dollars per hour Trump, the last two hundred and seventy four thousand, dollars every, single day Trump. Lost eight point, three million. Every. Month Trump, lost 100. Million, every. Year for. A decade. See. That's. That's, how you do it okay. Somehow that sound, doesn't even match how bad those numbers, are. More. Okay. So, the. Tax. Information, on Trump from 85, to 94, and says the documents showed that by the time his best-selling memoir, this is the part I love by, the time, the art of the deal came out everybody said I want, to be just like Trump this is what I want cuz I knew a lot of people that read that and said I wanna beat you say yeah, baby now they'll know you didn't, unless, you already. Wanted to be in deep, financial trouble by that time you losing, tens, of millions, of dollars on bad business. Deals the. Paper says the figures, show that in 1985. Trump. Reported, losses of just over 46. Million, dollars. From, this core businesses, mostly casinos, hotels. And retail, space and apartment, buildings those businesses, continue, to lose money every day, for, a total loss of. 1.7. Billion dollars. Over the, nearly, 10 year span The, Times goes on to say that year that year after Trump. Appears to the year after year Trump appears to have lost more money, than. Nearly any other individual. American. Taxpayer. Citing. His results, compared, to information, compiled, by the IRS, on high-income. Earners, more. Than anybody. He lost more in, nine, in, 1991. His, core business, losses totaled. More than, 250. Million. Dollars. Each year more than twice that of the nearest taxpayer, in, the IRS, is information. For the two years, was. The biggest. Well loser I'm sure the paper ads that Trump lost so much money that he, avoided. Paying taxes, for 8 to 10 years they. Examined the time says a lawyer, from the president's order responding, to the inquiries about the tax information by writing it was demonstrable, false 1/10. Of the paper statements, about the president's actions are 30 years ago were highly inaccurate, cited. No specific, errors, sooner I am what I thought was so interesting is they. Sort of had this rolling, the. This rolling statement. The first when it first started, they were saying to you all well I'm talking to them from the appreciation. And, you know he's such a powerful, businessman. He could do dick and as, the story got closer and you all moved, in closer then they they. Finally, gave up and they said fake news yeah and that the the transcript, we have was just not. Reliable no.

Information. That you got this from. You. Also said in the piece that this. Is not only, highly. Accurate information, but it is actually information, that. The government is used before in trying to, to, project forward yeah and a guard against the idea that there there may be a somebody, may have typed in something wrong we, we, asked the source to provide us with several. Years of Fred Trump stocks information, because, of a previous investigation we, did we have years. Of Fred Trump's tax returns right not stats dollar for dollar yeah, and you know so, we. Were on, Twitter but in between my 87. Liverpool, tweets we. Were debating what was more, powerful, your lead because. I thought the lead was extraordinary. And. That is by the by, the time his master of the universe memo, our Trump the the. Art of the deal hit book sourcing ideas ever done Trump was already, in deep financial distress. Losing. Tens of millions of dollars and we already went through all that. That was more powerful or whether it was more powerful at the end when. You all were, saying that, Donald Trump was making excuses for, his losses that's, well this is such a terrible, time. Everybody. Is losing, money. Except. Except. Donald. Trump may have lost a, ton of money, what 53, well actually, he. Lost. 219. 274. Million core businesses, did that yeah that year everybody. Was just know everybody wasn't losing how did Fred Trump do he. Did really well and would have done even better but he took out money that year. To. Help his son yeah. Yeah, so Fred. Trump. Father Fred Trump made about. Fifty four million, dollars, yeah, that year his only, significant, loss. It. Was a fifteen, million dollar investment one of Donald's, business it was that didn't do so well yeah, yes so so. It. Seems that. Donald. Trump. Burst. Under the scene he had a couple of quick successes, and, it wasn't really much the first. Wave of spending. The getting as much, as it was you describe, the, second, wave of, acquisitions. That just, one, failure after another, well I thought. What was incredible we, saw, the data if there was one era, in his life that you thought he, would have done well, it would have been this, I wouldn't have predicted that every, year would have had a loss this, is a guy who wrote a memoir about art of the deal in 1987. And lost tens of millions of dollars that year like you would have just picked if I could have picked a decade having, followed his finances, there would have been at least one or two years in here I thought he, was doing well, prior to the you know he's always said 1990. Was the year he hit the rocks and now. We see that he was losing that significant. Amount significant, amounts of money and we now know through at least, 1984. Because we've got transparency. Into that effects to the 85 returns them and the, return information that we've now seen and, again that was fought those are the heels of what should have been his biggest. Successes whether we strung tower whether. It was the Hyatt right, that, he built it but if those are your records, how do you how, do you get loans where, where who would lend, you money who would well. Some, of it was guaranteed by.

His Father right, and. It was just I mean in some in other areas just a different era at the time and he also had a that's that you know at the point that he could get money against, but you, know operty yeah properties, but, some of it was guaranteed certainly by his father because his. Father in in in, two, thousand nineteen dollars and gave, me something four hundred and fifteen, million, dollars, also, I left of the part of this where Donald Trump played corporate, raider like, I'm gonna come in and I'm that's great and then the stock should go up a little bit and after a while Wall Street figured out much faster than about is this guy's just full of it right he's not gonna buy any company he's just trying to, pass him in he didn't he did well on some of those trades but ultimately even those were lost you lost something I lasted, twice Wall Street figured out it was all the way for four years and then when he you, put point, out in the piece when he was on the Forbes list in 1985. Which was a big breakout moment for him they listed him as having six hundred million, dollars but, most of that you point out was his father's yeah that. He's got on independently. Of his father right but it was still a lot of the assets so, it's, interesting to read this because we were talking about before we came on the air in the 1980s, most, people around New York sort of knew this or. Suspected. This that he was something of a fraud and that it was a he was a charlatan in some ways but we didn't know the extent of it we didn't know the numbers that he lost more than a billion dollars, over a decade his losses are so huge and when when you talk to his people like they're like Oh depreciation. This, is not depreciation. Yeah those are massive business. Losses, and we had access, to data. Of data bank where we could see, other. Results, of high income earners, he. Was he, was at the top of it for like the worst losses a year in and year out like what he this is not like Oh a. Lot of people who are in real estate have. These type of results, yeah really, bad business, might think about that and let's just stop for one second. For people that haven't, read this story. Donald. Trump for the better part of the decade. Lost. More money. Than. Perhaps any, other, American. Taxpayer. Yeah for an earlier 10-year period for nearly a decade lost, more money so it's not like oh well, he, might not have been the. Brilliant, he likes a turn yeah, and also, of course he said and you all had had, the great quote in this graph I. Think. It's some fourteen of all his losses there's. A quote that says, the way that you that, I judge, success. Is. Unfortunately. By money well, by, that standard. Let's. See here we want that yes, let's say. Yeah. Look. Look at those those. Dollars, that that alarm is that the bankruptcy, alarm. Wrap. Your arms around that fact, that. He. Lost more, money than, any, individual. In America, for over a decade you, could read any, biography. That's ever been written about Donald, Trump and, it wouldn't come close to. A portrayal, of him, as an individual, better than, this forensic, autopsy. Of his. Money and it is lack of money there. Is one element in, here that that jumped. Out at me Suzanne, and it was the fifty. Two point nine million dollar wind, sucked out audacity, and the interest in it jumped out at YouTube yeah tell us why well, it was every. Year we Donald, Trump had pretty, steady, amount of interest income coming in it would be you know eight, nine ten eleven million dollars it would kind of go up and down interest, everything was interest you're getting from mortgages, or bonds, one, year in 1989, it went to fifty two point. Nine million we, couldn't figure it out and it's, interesting because this is a year, there's a lot of vagaries. Around Donald Trump's finances, in that year the casino Commission's were all over. Him in New, Jersey and, we actually, had a lot of transparency into how he was doing there was a 19-9 a report, that was written on his finances that was based on people who had seen his tax return week, find no asset, that would be throwing, off that, type of money and we did not have the. Schedules, to understand, what, was behind that we have the numbers but we actually don't have the things you have to put on where you have to itemize, it and it really goes to -, for. Us the importance, of seeing the, modern tax returns and not just the front pages that you know the 1040, that we all fill out but the schedules, where we can actually see, where. This money is coming from and it was just like it was really frustrating we spent we spent months trying not to write about these numbers I want to get Julia Ainsley, and Jake Sherman and here a question, for you both and, I know you're here to cover William Barr and other things and we've got a lot to get to but just curious what questions, come to mind based.

On What we're seeing here over the course of ten years and, such, huge, losses, especially. From a President, of the United States who, now, is literally. Historically, someone. Who has lost, more money than any I mean he's, broken, a record here, one that maybe he doesn't want anyone, to know that he broke what, questions, does it raise in, terms of what the tax returns that. We have yet to see look. Like exactly, so I'm seeing this through the Washington lens and the write that we're having right now with the Treasury Secretary, refusing, to hand over more, current tax returns and this graph jumped, out at me amazing, reporting, here overall, that mr. Trump lost so much money he was able to avoid paying income taxes, for eight out of the five years and if you think about what voters care about in the narrative that they've seen behind, Trump, and the, debate the power that Congress could have with. That information to say we need to see more, I wondered, you know what what that meant to you that he wasn't able to avoid, that was that some maneuvering. Or is that just simply he was at such a loss when you have that big of losses, you're. Able to avoid tax in the to the two years he had at one when, they were both on there he was paying the the, AMT the alternative in um um talks and. It. One of it was because he just had a big payout on a salary, from a deal that he did so it triggered it I mean we're not looking we're not Lear's we saw they're not huge amounts toxicity, income, tax to be ended up paying. You know it's when you have the losses that big you don't have to pay tax yeah and I need new. Correction, I had said the biggest, losses of any taxpayer, he actually was jack pointed out in my ear he's a tax filer, not a payer this wasn't a tax payer, because, he was so doing so poorly in business, and he's always saying I'm being audited show. You my tax returns, and oh you. Could bet that. May be the principal, reason, why he has fought so hard for, so long to preclude anyone, from seeing his taxes, is that he goes out to the country some errands it helps me help it helps him get elected talking about the system is rigged against, you, the. Betting is that, he has paid very, few if any taxes, over the last ten years and he has a Treasury secretary who's protecting, his natural, turns at the mountain so I want to ask you about yeah you ask you about your reporting, because we know what's coming I'm surprised we haven't seen a tweet yet from the president he's gonna say this is fake news they didn't even get the actual, tax return they got it secondhand, they got copies, of them can, you speak to the veracity of the documents, you saw sure, and we were upfront we don't have the tax returns we have, we. Have a copy of an IRS document, of his IRS, transcript. And. We were able to confirm. It through a number of ways including, the. Individual. Who provide us also provided us with Trump's, tax returns, and. We also were able to match. Donald. For the transcript. That we have through, and actually. A database.

That's Kept by the IRS it's anonymous but because we had the, taxes, and the first instance and tax information we were able to match it into the database and we also just had a lot of information from the other investigation. We did on Fred Trump's tax return and other things match so we've spent a lot of time back-engineering, it and going, out for confirmation, in other ways well, so Jake how's this going to move. Debate forward as it pertains to the. Democrats getting a hold of Donald Trump's tax returns. They have they. Have the statutory right, you, know somebody a couple days ago said this was a constitutional. Crisis, that. Was corrected, this is not a constitutional, crisis. When the chairman of the Ways and Means Committee asks, for your tax returns and individuals, tax returns and, the Treasury Department doesn't, get it give it that's a crime so, how. Were they going to resolve that well. Let, me just reverse for a second last night when this great amazing story popped, the, house was voting, and the, reaction, almost, to a person, among Republicans. Was wait, didn't we know he was losing a lot of money during those years so. People weren't moved, Republicans. Obviously weren't moved by this which they should be because this is coming. And Jake they also were, not moved by the fact that we have an attorney general who committed, perjury in the House, of Representatives. And would have any of us thrown in jail but neither he nor the. Majority, leader cares. And. Answering, your more direct question, is yes. The law is clear that, the, Treasury. Secretary, has to hand over the. Individuals. Tax returns, when the Ways and Means Committee Chairman, asks for it not, as Stephen minuchin says if. There's a legitimate legislative, purpose, now this, is almost definitely, going to court and is, going to be a massive, battle between the administration and, Capitol Hill for, the foreseeable, future I think from, the president's, allies what, I keep hearing is let's, get past 20, 20 Republicans.

Want To get past 20 20 without these battles, being resolved, and it, looks like if it goes to court if passed as president they are going to be able to get past 20 20 without extracting. The president's tax returns I just don't understand why the supreme court wouldn't expedited. I think this would go to the DC Circuit it, would be appealed and the court would handle it very quickly, but we'll, see what happens this bring in New York Times reporter Michael Schmitt, Michael. Thanks so much for being with us you. Know the president had said to you some time ago that, to talk about his personal finances, was crossing, the line. You. Know that line, has been crossed of, course and now, Democrats. Have. Even more reason, do. They not to try to get a hold of his tax returns, to try to figure out whether. Saudi Arabia, whether, Russia, whether. Some, oligarchs, from these countries, doesn't make you one we're actually floating his business, because he had lost so much money that as we, all knew in New York, no, American, bank what. I mean I've talked to several people who had who were the ones who had to go over and tell Donald, Trump one. Even in the middle of the presidential. Campaign no, Donald. We can't, loan. You money, and you know that so doesn't, this just increase, the, Democrats need for seeing those tax returns yeah, yeah. You're right the, funny thing about the, Muller report, when it came as I said that there was no underlying crime, that they could show and I, sort of understood from a legal perspective why they were saying that but the president, always feared. The, Muller investigation. Looking, at his finances. He said to us in, July of 2017, that, if Muller looked at them that, it was crossing, a red line and then in December of 2017, after, there was a wrong report out there that, Muller had subpoenaed his banking records he wanted to get rid of Muller again. So what was it about his. Finances, that he was so afraid, about Muller. Looking, at I guess maybe we're learning about some of that today but we still at, some point people were pointing out overnight don't even have a full, picture this is just such a small. Snapshot of it we also don't know what Muller actually. Looked at on his finances, did Muller have his taxes, legal.

Experts, Would say yes. Muller probably, did and it wouldn't have been that hard for, him to get him to get them but, how much of his money was really looked, at and I, wonder if Muller ever testifies. Whether we will get an answer to that my, guess is that Muller will probably not be that helpful in answering that because it's not something that was in his report, and I can't imagine deviating. From that but, it's still this giant, question that hangs over how, much, did Muller look at the money Suzanne, let me ask you because you've been so good at accessing, documents. What. Are the chances of organization. Like the New York Times gets. Its hands on the president's more recent, tax returns say the last six years I just. Think is this continues, to be talked about I think there's, gonna be a break in this I mean I think we, so far haven't seen any of the modern tax returns and that's kind of 2005. Going forward but. I mean I got to think it's gonna happen I mean I maybe I'm just an optimistic person but I think eventually, this is going to break well. Suzanne Craig thank you so much you've, been working night and day and then to come in for hours. You. Put up with it all but musics, enix next, time we can talk hockey I'm Canadians. Moron, from Calgary so my team's out with all the Canadian teams are out though some. Little. Things we learned but please come back thank you very much Prime Minister doing. You. Know he's having some troubles yeah yeah. You. Know Jesus. Where. Do we start on that. But. You know it's interesting well. You don't want to talk about him right now do you. He. Likes to be push-ups in judge one-arm, push-ups. We're very like to stay away from the politics, when I can. You're. Sticking to the numbers, well the stick is time with thank you. Staggering. Numbers ordinary, Suzanne Craig thank you very much thanks, for checking out MSNBC. On YouTube and make sure you subscribe to stay up-to-date on the day's biggest stories and you can click on any, of the videos around us to watch more 4 Morning Joe and MSNBC. Thanks so much for, watching.

2019-05-09 20:29

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Comments:

He didn't "Lose"his money .He has put it in a Tax haven for the greedy , he will drain USA dry.! GOD HELP AMERICA \!!

Sorry - this is inaccurate. These were Trump´s tax declarations. I bet his financial statements for the banks show just he opposite characteristics.

People who have something to Brag about usually don't brag, overcompensating much? I wake every morning, is this the day he gets inpeached?

This just in: Trump is a LOSER...his supporters got CONNED by the carnival barker

https://www.axios.com/trump-steel-tariffs-costing-american-consumers-356c78c3-9fe1-466f-b543-2fae6ae02a5d.html

Trump sucks as a person and a human being in general so no surprise that he also sucks as a political leader, president, and investor...

this is dumb ...IN BUSINESS YOU LOSE MONEY YOU GAIN MONEY...laughing at trump because he lost 1 billion means what? lets stick to the issues!!!!!!!!!!!!!! BERNIE OR BUST..RELEASE THE MUELLER REPORT!!!! STOP OBSTRUCTING CONGRESS.

What a waste of taxpayer money... Wake up America.

Biggest loser ever. Very strong and powerful as such.

Trump is A better conman than Frank William Abignale. He conned and became the president. Sigh...

These MSM clips are why there are so many President Trump supporters. The real dialogue and full facts are not there and it is all drama and hate. Viewers of these networks are sucked in...and you took the NYT bait, lol. You must be so proud of yourselves. You'll allow the President to win again in 2020 so keep it going! THANK YOU!!! https://youtu.be/Uw7t00pac1o

This was reported in the New York Times on October 2, 2016. Same story about Trump s billion dollar loss. lt did nt work then. Anything new Joe?...Mika?

Embarrassing that reporters didn't pick up on Trump's Con in the 80s and 90s, 2016. They didn't do their jobs. Reporters realize how important they are to our democracy and now they really have stepped up their game. Redemption.

Drumpt is bankrupting America. Right in plain sight.

HAHAHAHAHAHA i should be sad that the human race can produce such despicable human beings as you all are MAGA people but the fact that you still leaving in your own bubble of hate is hilarious. while the rest of us (and by the rest of us i mean the rest of the country) are walking toward the world of tomorrow with love, compassion, empathy, sympathy, mercy, kindness and humanity for others, feelings that you are incapable to Conceptualize because you are just not evolve enough, that's why you are so afraid of others, we are the next step of evolution and you are not, YOU ARE DESTINED TO DISAPPEAR and you know it but yeah keep trying guys .

Yes we know this already. We all watched the Apprentice. You guys are ridiculous.

Yes Joe and mika your hatred is showing through again. How do you go from wanting your marriage in the White House to hating the White House? Oh yeah President Trump told you no lol. Anyway President Trump spoke on this back in 2006. Old news is better than FAKE NEWS I guess.

Duh her accent

So pathetic

Brzezinski is so smug, it makes one nauseous.

+EC Marks good idea

Then change the channel and quit puking here.

WTFs up with the Canada bashing at the end?

yeah, and i'm late on a $5000 Visa card payment and my life is ruined.

Always trying to embarrass this great President, but never succeeding. President Trump was ELECTED by the majority of Americans. Take that to the bank. This two "The Ghost and the Darkness" need to get a real job.

+EC Marks The reason the Donkey representatives act the way they do is because they represent a certain sub culture of the American population. Hillary as literally pulled the wool over their eyes.

flunked math (lost the popular vote) and never had a civics class to understand the electoral college. Trump embarrasses himself every day.

Has Trump done any TWEETING today?????

Yeah we here in Canada also have a corrupt leader but his days are numbered and he knows that and so do many Canadians

And how many businesses did he bankrupt by not paying all those small businesses who worked for his hotels, casinos? He never pays anyone, ever.

Isnt that a world record?

I’m happy it’s being reported. America needs to be seen as credible and reliable

I don't believe it, it's been a massive and consistent tax fraud year after year from Americas biggest liar and con man.

This doesn’t come as a surprise

Did the NYT lose 1billon dollars on buying the Globe? And that was in one year. And tree years later the NYT called Trump the come back kid. It was a big article in there paper. Let's not talk about the economic level we are in that's at a n all time high or the low unemployment we have . I remember the Obama saying this would never happen again. He was wrong. Maybe Joe you and the NYT maybe wrong.

One billion back then....what would this be worth today

We suspected all this when he started doing reality tv. Then when he ran, all he did was lie, gossip and make trouble. It was obvi he wasn’t qualified for the executive branch.

The BIGGEST LOSER-in-Chief!

You guys don’t understand business? 30 years ago? You are so funny.

Trump was only reporting losses because he was cheating on his taxes.

SO WHAT? Anyone who's old enough remembers all this, old news.............the left is doing anything they can to detract from the real dirty stuff they've been doing for years. Get off your butts, stop obsessing about the President, and do what you were elected to do! Why don't you try to work with the man instead of going insane and being against every thing he does? We'd be much better off!

OWN A BILLION OWE A BILLION SAME=SAME

You know" mnuchin really big teeth" has took a gander at trumps tax returns and doesn't dare show the American people what they elected.....

Reported Income/loss on taxes on your tax return vs. actual income/losses on your financial statements are two separate things. With proper tax planning, you can legally report a loss on your tax returns while turning a profit on your financial statements. All rich people do it.

Where do they get these Shills from ? ... asking for a friend

"twice as much as the next biggest loser." he's laundering russian money and not paying taxes on it there is no way he legitimately lost that much money and made that much in interest.

Call Mueller he must ve missed that. Too busy chasing Cohen and his taxi medallions.

Wow. We need to get rid of BLOTUS AND his grifter family AND the slimeballs in his cabinet and get this country back on track. I've been watching the news everyday since this fool was elected - I'd love to get back to the days when I didn't pay attention because I assumed the president was doing the right thing.

These comments and this article shows why NYT is so left wing and anti-trump. This isn't news: He wrote about his debts in his book "The Art of the Comeback". What's amazing is that he was able to keep his empire alive. NYT trying to pretend they "broke this story" through tax returns but this was all old news from long ago. More funnier is the left wing sheep commenting.

America's self-proclaimed "biggest winner " is America's biggest loser.

That is alots of Stormy Daniels.

me thinks someone has been a well used dark money "mule" for many years.

The "long duh" continues for America's less brain damaged 2/3rds

The Art of the Fail

It took a Canadian to bring this to light. Thank you Canada

Now he can write his follow up book. The Art of the Steal.

Biggest loser. bad, bad person.

Are they seriously sitting there, acting surprised that she's Canadian? I'm Danish, and I could easily hear she's Canadian.

Trump = the Biggest Loser , as a human being, at doing anything. The Biggest Fraud...and I laugh at his base who are so stupid to follow him, they are idiots who follow con men and frauds.

How to become a MILLIONAIRE? Give Don the Con a BILLION $$ and wait.

So the Russians, Saudis, Emirates, paid him how much between 1995 and 2019?

If trump loss $11,416 in an hour, then he would have loss $3.17 in a second. Or by the time you have finished reading this comment, he would have loss about $15.00.

With this wonderful NYT reporting is it too early to break open the champagne to celebrate the downfall of this American tyrant and con man?

And he still has a following base? Amazing. The US is now a kleptocracy..Refusing to release a report that 'exonerates' him? Does non of this raise questions to his base? I guess not. Blocking the financial checks on tax and businesses etc? Does anyone want to buy the moon on a stick? I know a guy who knows a guy...

APPLAUD FOR AMERICANS FOR VOTING FOR TRUMP

He's useless! Yet, the GOP are willing to destroy this country for this loser.

You guys are focusing on the wrong part of that report. He lost more than anybody in the country. He is the best in every thing he does. Tax evasion, losing money, hyperboles, being a loser son, producing loser kids, being a lousy husband...he's just the best!!!

Things only occur in the United States of America: a conman with the greatest deception to the American people has become the president of the most powerful country in the world and blames that corruptions swamped the federal government in Washington, D.C.! Jeez, how blinded had people been!

Joe! Stop talking and let others get a word or two into the discussion.

It's so funny the same media dat gave him so much credibility and power are now criticizing him because is not the box where they want him to be.

I adore the snarkiness

What is the goal of this,who makes it their goal to be searching for this man tax returns when people already know is a con man,this doesn't change anything about how people feel about Donald Trump a bit.

He’s either a loser or a cheat and a cheat is a loser

THE Biggest Loser!

His businesses were DESIGNED to fail, because they were money laundering operations for Russian oligarchs. 100% criminal activity. SNDY finally on the case!

@0:08 - This was the 80s and early 90s.And as far as we know, there is no evidence he ever stopped hemorrhaging billions. He could be bleeding himself dry right now in 2019, just like he is bleeding dry America with these idiotic import tariffs. Import tariffs does nothing to "punish" China and others. It only harms American businesses and consumers.

Trump ran for president thinking it would help his brand. He screwed up and won, and will never recover from it, I hope America does. What a screw up! Lol!

The only reason he wasn't audited in the 80's is because the whole IRS couldn't stop laughing!

52m in 1989 came from russia?

He had losses in the 1980's. What a loser and always has been. He has never invested in anything solid.

Corruption, Taxation without Representation and a Rising Dictator. It's time for the Second American Revolution! "I AM the King!" https://www.youtube.com/watch?v=hRrV1ff33iM

The biggest looser on American soil. I bet he never won anything in his life other than paying for it jus like his mail order wife. #looserofthedecade

So why didn't he go broke? Or was the money lost legally being replaced illegally?

A billion is nothing...he just cost the tax payers trillions with his tax cuts.

1:12 in that 80s picture trump is standing on ice...........when spring comes, ice m....

had to wash some money for his buddy Vlad.

Mika dump this bum, he talks over you and has silly hair.

Conald's entire existence is a complete FRAUD. The witch hunt found the witch, it's Conald, he's the witch. The hoax was real though, it's Conald, he's the hoax. THE BIGGEST LOSER IN THE ENTIRE COUNTRY?? I wouldn't want to be anywhere near that little lieing crybaby today. Or ever. So long to the tiny-handed grifting , lieing tax cheat. Ivanka must be hiding under the floor in the crawlspace, he molests her when he's had a rough day.

Trump is still trying to make a statement to his deceased father. His father knew that he is/was not a good business man. Very sad, that the American people is the audience, for him to play this out on the entertainment stage as the President of the United States. Very sad. It is not going any further because all of them are crooks!

All you do is talk about President Trump. You are pretty quiet about the school shooting yesterday. One of the shooters. Must be a anti-Trump transgender or something.

GOT MUD ON YA FACE BIG DISRACEEEE

His fans don’t care. They see this as either fake news or a story of how he bounced back. The only ones who find this interesting/disturbing are people who hate him.

Hockey

Trump and McConnell are expecting their hand picked Supreme Court to shield Trump from anything and everything detrimental to him or the party. Might just happen since corruption is now the norm and keeping Trump in office and re-elected is the goal.

Is not how you get knocked down, is knowing how to get up and try again...that's how you win.. These losers, only wish how to be winners.

Did you learn that at Trump University?

I'm lovin it! I picture Don fuming in front of the flat-screen TV with Mike Pence and some consoling cheeseberdhers

I like watching this show but sometimes it seems really unprofessional and lacks preparation

@James Lame Yeah, the truth hurts. Get over it. There's so much more to come. You'll be so butt hurt you'll probably end up flushing yourself down the toilet as opposed to facing another day of Trumpanzees.

It’s an amazing story. Spanky Tweetie Twump is a world class grifter. No wonder he likes the Russian criminals. Birds of a feather flock together

When Trump screams this story is “fake news” just say “prove it, mr. president.”

FAKE NEWS! President Trump will prove it by releasing his real tax returns! Oh, wait. ;o) Checkmate.

The USA elected a con artist to be president. Wow

No, russian influence and gerrymandering did. eveyone i Know voted for Hillary. That tells me plenty!

Trump University............ Woehahahaha

We like our presidents to NOT have multiple bankruptcies! Just go on and say it... HE'S LAUNDERING RUSSIAN MONEY!!!

This is the time frame when Russian oligarchs were looking to launder money. Trump's son has admitted that a lot of their properties were sold to Russians. It's time to get to the bottom of this or it's time for impeachment.

Here is the REAL story from the 1995 NYTimes "COMEBACK KING" @t Just more MSNBShit.

PEOPLE, I JUST BELIEVED YOU JUST READING TRUMPS REPORTS, DON'T FORGET HE FRAUDS AND LIES ALL THE TIME. SO IT WAS SO BAD, HOW COMES HE STILL RUNNING BUSINESS AND STILL HAVE HIS BUILDINGS? THIS MAN IS THE MASTER IN CONNING AND DON'T FORGET THAT HIS SISTER WAS A JUDGE AND SHE PROBABLY INFORMED HIM HOW TO FIND LOOPS AND CON THE SYSTEM.

YEAH RIGHT!!! THIS IS CONNING LIE AND FRAUD REPORT & EXCUSE FROM TRUMP JUST TO WALK AWAY NOT PAYING HIS TAXES. HE REALLY INCREASE ASTRONOMICALLY HIS LOSES JUST NOT TO PAID HIS TAXES AND GO IT AND WALK AWAY!! . I DON'T BELIEVED THIS HORRIBLE MAN LOST TOO MUCH MONEY AS HE HAD REPORTED, THIS IS A LIE, SO HOW COMES HE STILL HAVE MONEY TO KEEP UP WITH THIS BUILDINGS AND REAL STATED. THIS CONNING LIE TO NOT PAID TAXES AS LONG AS HE LIVES AND HIS REPORTS ARE NOTHING FRAUD, AGAIN TO AVOID PAYING TAXES. THIS HORRIBLE MAN IS TOO CHEAP TO LOSE SO MUCH MONEY LIKE THAT SO HOW COMES HE OWNS HIS BUILDINGS AND HOTELS AH??? WAKE UP, THIS CLOWN HAD LIED AND FRAUD THE SYSTEM.

Apparently the media has been too complacent

If I were him I would look all over the world to support my interests.

The system is set up for a person like Trump and other's like him.

Trump's daughter remembered her father's comment, when passing a homeless individual...he is wealthier than I am. Now I understand the meaning of his response to his daughter Ivanca when only a child.

It's interesting that the media was showing off his personal life involving golden ceilings and fantasy paintings on the walls resembling Charles the XIVth of England's extravegances..

Without his daddy's money, trump wouldn't have been able to get hired at a McDonalds. He'd be just some bum begging on the street.

Remember that his popular memoir (art of the deal) was ghost written and that writer is on record as regretting having done that. [edited here] @ 17:12, "as we all knew in New York.." so everyone in NY knew how bad DJT was, but no one thought to spread the word to the rest of the country. That would have been helpful...

How did anyone lose money in real estate in the mid-80s? How did anyone lose money running a casino? What's Uncle Vlad got on Don the Con? It's far more than a peepee tape.

Hello ... this is clear cut money laundering.

The big question is how was he able to sustain these loses? Who, besides his dad, was replacing the money? The Russians? The Saudis?

Why can't they drag Allen Weisselberg whose already walking on very thin line, to get Trump's financial reports? We all know Trump is poor, that's why he can't afford his own cheap words

So much winning.

Fake news mnsbc

Some folks just don't know how good they got it. This guy was losing more money in a day than I make in a year. Has to be nice to have a wealthy dad.

I don't doubt Susanne Craig is an excellent reporter but her snotty "let's rub salt in the wound" makes her painful to watch.

Total non-story.

We have not seen any thing yet.

I thought this was common knowledge? If he went through so many bankruptcies and was an evangelist for tax evasion and renegging, it's exactly who he is. What this all looks like to me is an out of touch upper middle class that can't imagine the cowboy nature of a tax dodging millionaire. Trump Supporters are the base that represents property owners that will do everything they can to avoid taxes that go to public schools and state or county Healthcare. Does MSNBC really not understand that perspective or how it actually is in real life??

*Hey TRUMPIES - you still think your man is a financial genius?*

I don't believe the conman Trump lost all that money. He made everyone think that because he is cheating the IRS. I hope they get him for tax evasion and put him behind bars for a very long time! But then again, I wouldn't be surprised either if he lost all that money because of mismanagement. He is, after all, trying his best to bankrupt America!

The Art of The Spiel more like

Also, considering it, currently, has a FORTY-THREE-POINT-ONE PERCENT APPROVAL RATING AMONG LIKELY OR REGISTERED VOTERS, the chances of it being reelected are, thankfully, fairly slim - unlike itself...

Donald would be enjoying life and wealth now if he would only receive Fred’s investment and do nothing but enjoy the rent.

$52.9M?? Things that make ya go: Hmmm??

#carpetswatchguy

It is apparent that as soon as Fred Trump wasn’t around to bail out his son, Donald lost the bulk of everything his dad left him — and didn’t learn a thing in the process.

What on earth are you talking about-maybe your living on Mars?

I took Trumps investment advice and went to my dad to borrow money. He punched me in the face and said learn how to box and get a job.

Haha.. Trump...haha.. what a loser!!!

+quietman356 123455 Nonsense. Read the report. Also, bear in mind that the counterintelligence investigation was dealing with much of this and has not been made public. Much of the financial and money laundering aspects have been farmed out to SDNY, Virginia and the NY authorities. Just be patient. Trump is still to be held accountable. Bigly.

It's easy to launder your cash through Trump when you're spending it on "rent" And it gives you some convenient safe houses for your operations within the US

Most of us would never see a million dollars.

MSNBC, CBS, CNN, and the rest should be held responsible for espionage and attempted conspiracy promoting civil unrest. Why are these people not be indicted for lies.

https://scontent-sjc3-1.xx.fbcdn.net/v/t1.0-9/59950269_2756139061094054_4459984505062555648_n.jpg?_nc_cat=110&_nc_ht=scontent-sjc3-1.xx&oh=b72b9628c72f9cd521132a1aba87d166&oe=5D6184B7

He’ll probably start blaming the Democrats like he does everything else!

Talking about the biggest loser!!!!

That explains why he branched out into scam universities, leathery steaks, prison-toilet vodka, and multilevel marketing scams.

@EC Marks good idea

@EC Marks The reason the Donkey representatives act the way they do is because they represent a certain sub culture of the American population. Hillary as literally pulled the wool over their eyes.

@quietman356 123455 Nonsense. Read the report. Also, bear in mind that the counterintelligence investigation was dealing with much of this and has not been made public. Much of the financial and money laundering aspects have been farmed out to SDNY, Virginia and the NY authorities. Just be patient. Trump is still to be held accountable. Bigly.

Dotard tRump' book deal 'Art of the Squeal', memoirs from prison, is already setting pre-release sales records.

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