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So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: h7DxJ ()
Date: May 31, 2016 07:48PM


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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: WTFWTFWTFWTFWTF ()
Date: May 31, 2016 07:58PM

Do you know WTF a ponzi scheme is? Look up the definition, you imbecile.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: One born every minute ()
Date: May 31, 2016 08:04PM

Ponzi scheme is a pyramid scheme.

Trump U was just scamming money out of dumb, naive people. Just like Trump's campaign is scamming votes out of dumb, naive people.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Not Good for Trump ()
Date: May 31, 2016 08:09PM

The material offers a potential counterweight to claims that Trump University's aim was just to sell someone on the highest-priced course. For example, the 2007 sales playbook tells staffers, "you are here to meet the needs of your client, not to push product." And the 2010 version advises that one should "sell for a relationship, not a commission."

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: PC retards ()
Date: May 31, 2016 08:11PM

The whole Government is a Ponzi scheme . Trump makes a profit and has equity . The morons running the government the last 25 years are robbing Peter to pay Paul until the whole thing collapses. That is the pure definition of a Ponzi scheme.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: #DumpThatTrumpChump ()
Date: June 01, 2016 08:57AM

h7DxJ Wrote:
-------------------------------------------------------
> So it turns out Trump U was nothing more
> than a Ponzi scheme

#DumpThatTrumpChump

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 01, 2016 08:59AM

Lmao so was his debate dodging fund raiser for the Veterans publicity stunt. That was a ponzi scheme too until the Washington Post called him out.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Mr. Ponzi ()
Date: June 01, 2016 11:41AM

You idiots on Fairfax Underground don't even know how a Ponzi works.

Trump University sold an educational product. Some of its students now make a living from what they learned. Others made enough to retire early.

Some who were lazy or incompetent did not, so they did the liberal thing... they sued.

Because failure is always someone else's fault.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: #DumpThatTrumpChump ()
Date: June 01, 2016 11:43AM

Mr. Ponzi Wrote:
-------------------------------------------------------
> Because failure is always someone else's fault.

Not always, but sometimes...

#DumpThatTrumpChump

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trial Judge ()
Date: June 01, 2016 11:44AM

Note that the trial judge - who has publicly started he supports Hillary in the election - scheduled the trial for after the election.

He knows the disgruntled ex-students can't win. They lied in their depositions and got caught.

Then he selectively released items to discredit Trump.

The best this judge can do is try to chip away at Trump in public.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Jv6xy ()
Date: June 01, 2016 11:48AM

WTFWTFWTFWTFWTF Wrote:
-------------------------------------------------------
> Do you know WTF a ponzi scheme is? Look up the
> definition, you imbecile.

What the fuck ever you want to call it, it was a SCAM!

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: #DumpThatTrumpChump ()
Date: June 01, 2016 11:49AM

Trial Judge Wrote:
-------------------------------------------------------
> Note that the trial judge - who has publicly
> started he supports Hillary in the election -
> scheduled the trial for after the election.

#DumpThatTrumpChump

Attachments:
The Trumpster.jpg

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: extXT ()
Date: June 01, 2016 11:50AM

Mr. Ponzi Wrote:
-------------------------------------------------------
> You idiots on Fairfax Underground don't even know
> how a Ponzi works.
>
> Trump University sold an educational product. Some
> of its students now make a living from what they
> learned. Others made enough to retire early.
>
> Some who were lazy or incompetent did not, so they
> did the liberal thing... they sued.
>
> Because failure is always someone else's fault.

Hi Donald! Had no idea you knew about FU. Welcome.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 01, 2016 12:02PM

Released court documents show that Trump University staff were specifically trained to target the uneducated and the elderly with the scam.

The same exact demographic Trump won over in the primary. He is a pro at exploiting that demographic.



Edited 2 time(s). Last edit at 06/01/2016 12:11PM by Gerrymanderer2.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Loathe Trump Now! ()
Date: June 01, 2016 12:06PM

If there is one type of person I loathe it's people who prey on the elderly.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 01, 2016 12:12PM

HE sent out the checks the for the Vets the same night the Washington Post story broke four months after the fundraiser? And he's the one pissed at the press? The press and the American people should be pissed at him.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Snake Oil Salesman ()
Date: June 01, 2016 12:15PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> HE sent out the checks the for the Vets the same
> night the Washington Post story broke four months
> after the fundraiser? And he's the one pissed at
> the press? The press and the American people
> should be pissed at him.

I agree Trump is a snake in the grass.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 01, 2016 12:16PM

http://www.washingtontimes.com/news/2016/may/24/donald-trump-defends-himself-fundraising-veterans/

Here is the article that made the crook pay up. May 24, 2016. He wrote the checks the exact same day.
Attachments:
103654281-GettyImages-507822088.530x298.jpg

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: trumppy ()
Date: June 01, 2016 12:21PM

Trump's America

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: PC retards ()
Date: June 01, 2016 12:23PM

Half the checks went out months ago.

Nice try.

Trump

Wins


Again

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Get Rich Quick! ()
Date: June 01, 2016 12:24PM

,
Attachments:
trumpsnakeoil.jpg

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Nightmare Begining ()
Date: June 01, 2016 01:06PM

This is just the beginning. I hear the democratic PACs have a scandal for each month coming up. Trump U is just an appetizer.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 01, 2016 01:31PM

Nice he might get locked up for contempt if he keeps it up against a federal judge.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Uh huh... ()
Date: June 01, 2016 01:35PM

PC retards Wrote:
-------------------------------------------------------
> Half the checks went out months ago.
>
> Nice try.
>
> Trump
>
> Wins
>
>
> Again

Really. Somehow I missed that. Please show your (legitimate) source.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: libcucks ()
Date: June 01, 2016 01:51PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> HE sent out the checks the for the Vets the same
> night the Washington Post story broke four months
> after the fundraiser? And he's the one pissed at
> the press? The press and the American people
> should be pissed at him.

well tell me then what your buddy sharpton and his blm supporters hand done for our vets? fucking nigers just trying to cause trouble is what they are

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: libcucks is a la- la- la- loser ()
Date: June 01, 2016 01:54PM

libcucks Wrote:
-------------------------------------------------------
> well tell me then what your buddy sharpton and his
> blm supporters hand done for our vets?

Refrained from using them for self-aggrandizement.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Get Rich Quick Folks! ()
Date: June 01, 2016 04:05PM

You only need a small $2 million dollar loan from your real estate Dad and some good ties with daddies friends.
Attachments:
4848.jpg

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Ego Fever ()
Date: June 01, 2016 04:18PM

Get Rich Quick Folks! Wrote:
-------------------------------------------------------
> You only need a small $2 million dollar loan from
> your real estate Dad and some good ties with
> daddies friends.

Now go buy my books on how great I am.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: LJpxV ()
Date: June 01, 2016 05:20PM

Trump is going to try to deflect this because there will be no trial until after the election. That could be great reality TV, a sitting POTUS on trial for fraud.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 01, 2016 05:29PM

A sitting president of the United States berating a federal judge for having parents that were Mexican.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: PC retards ()
Date: June 01, 2016 05:51PM

Uh huh... Wrote:
-------------------------------------------------------
> PC retards Wrote:
> --------------------------------------------------
> -----
> > Half the checks went out months ago.
> >
> > Nice try.
> >
> > Trump
> >
> > Wins
> >
> >
> > Again
>
> Really. Somehow I missed that. Please show your
> (legitimate) source.


41 groups paid
Only 12 checks went out last week.

http://bigstory.ap.org/article/44c48343f6244ea58768180a94d09429/trump-detail-fundraising-veterans-charities


Trump is taking the press hand and hittin their faces ... Laughing " why are you hitting yourself " lolz

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Frank S. ()
Date: June 01, 2016 07:07PM

When you hear about Trump pulling a scam like Trump U., all for making a few million bucks for himself at most, it's just another factor which makes me think he's worth nowhere near $10 billion. Same with Trump Ice, Trump Steaks, Trump Vodka, etc. Ever hear of Buffett Vodka or Buffett U?

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump ()
Date: June 01, 2016 07:09PM

Hands and net worth = small

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Yes ()
Date: June 01, 2016 07:25PM

Frank S. Wrote:
-------------------------------------------------------
> When you hear about Trump pulling a scam like
> Trump U., all for making a few million bucks for
> himself at most, it's just another factor which
> makes me think he's worth nowhere near $10
> billion. Same with Trump Ice, Trump Steaks, Trump
> Vodka, etc. Ever hear of Buffett Vodka or Buffett
> U?


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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Bankruptcy Trump ()
Date: June 01, 2016 07:40PM

Frank S. Wrote:
-------------------------------------------------------
> When you hear about Trump pulling a scam like
> Trump U., all for making a few million bucks for
> himself at most, it's just another factor which
> makes me think he's worth nowhere near $10
> billion. Same with Trump Ice, Trump Steaks, Trump
> Vodka, etc. Ever hear of Buffett Vodka or Buffett
> U?

That's what I was thinking. Unless Trump is just a greedy and wants every bodies money(That I believe.)

But, let's also remember that Trump filed for bankruptcy 3 times. So maybe it during one of his bankrupt periods.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trumpenstein ()
Date: June 01, 2016 07:52PM

Bankruptcy Trump Wrote:
-------------------------------------------------------
>
>
>
> But, let's also remember that Trump filed for
> bankruptcy 3 times . So maybe it during one of his
> bankrupt periods.

It's 4, but who's counting?

https://www.thestreet.com/story/13286068/1/the-backstory-on-donald-trump-s-four-bankruptcies.html

Long but interesting read.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Bankruptcy Trump ()
Date: June 01, 2016 08:12PM

It always pisses me off when rich people declare bankruptcy so they don't have to pay their debts and money they owe people.

So Trump ran away from paying people 4 times and now is rich.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Con Artists ()
Date: June 01, 2016 09:09PM

Those "playbooks" are pretty damaging. Who would ever put that shit in books.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Xn7Cn ()
Date: June 01, 2016 09:15PM

Bankruptcy Trump Wrote:
-------------------------------------------------------
>
>
> So Trump ran away from paying people 4 times and
> now is rich.


And wants to be your President! I guess moral character is no longer an important quality. Just make up an excuse.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Scam Artist ()
Date: June 02, 2016 11:24AM

Xn7Cn Wrote:
-------------------------------------------------------
> Bankruptcy Trump Wrote:
> --------------------------------------------------
> -----
> >
> >
> > So Trump ran away from paying people 4 times
> and
> > now is rich.
>
>
> And wants to be your President! I guess moral
> character is no longer an important quality. Just
> make up an excuse.

Well republican are stuck with Trump now. I'm waiting for the inevitable "Democrats are to blame for Trump getting the nomination."

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: cbaa ()
Date: June 02, 2016 01:15PM

Once again, the genius's on this site talk smack without a clue of what they are talking about. All 4 bankruptcies were Chapter 11 reorganization. The slightest effort to educate yourselves would go a long way. Might even learn some critical thinking skill along the way. Or you could just continue to rely on internet sites that indoctrinate you with slanted views.

Of course, since most of you have never run anything other than your mouths, you haven't a clue how the real world of business operates. Chapter 11 Bankruptcy's are very common and Investors and Banks know exactly what they are getting into. There has not been any insinuation of fraud.


http://www.politifact.com/truth-o-meter/statements/2015/sep/21/carly-fiorina/trumps-four-bankruptcies/

Please continue your uneducated conversations. They provide great comedy.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: cbaa ()
Date: June 02, 2016 01:21PM


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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: cbaa ()
Date: June 02, 2016 01:28PM


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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: BUS 101 ()
Date: June 02, 2016 01:30PM

cbaa Wrote:
-------------------------------------------------------
> Once again, the genius's on this site talk smack
> without a clue of what they are talking about. All
> 4 bankruptcies were Chapter 11 reorganization. The
> slightest effort to educate yourselves would go a
> long way. Might even learn some critical thinking
> skill along the way. Or you could just continue to
> rely on internet sites that indoctrinate you with
> slanted views.
>
> Of course, since most of you have never run
> anything other than your mouths, you haven't a
> clue how the real world of business operates.
> Chapter 11 Bankruptcy's are very common and
> Investors and Banks know exactly what they are
> getting into. There has not been any insinuation
> of fraud.
>
>
> http://www.politifact.com/truth-o-meter/statements
> /2015/sep/21/carly-fiorina/trumps-four-bankruptcie
> s/
>
> Please continue your uneducated conversations.
> They provide great comedy.

You should read up on what a chapter 11 bankruptcy is. A chapter 11 bankruptcy means a company is going under and assigns a judge to make payments of assets.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trumpenstein ()
Date: June 02, 2016 01:39PM

cbaa Wrote:
-------------------------------------------------------
>
>
> Of course, since most of you have never run
> anything other than your mouths, you haven't a
> clue how the real world of business operates.
> Chapter 11 Bankruptcy's are very common and
> Investors and Banks know exactly what they are
> getting into. There has not been any insinuation
> of fraud............but individuals and other businesses end up getting fucked
> while Donald hangs onto his money


Fixed.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 02, 2016 01:41PM

Trump is a professional loser.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 02, 2016 01:42PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> Trump is a professional loser.

I coined this too before Hawking steals another line of mine.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: cbaa ()
Date: June 02, 2016 01:46PM

Wrong, changes in the economy are what usually result in a Chapter 11 bankruptcy. The company filing has lost money and is asking the Courts to provide them with protection from creditors while they submit a plan to resolve their issues with the Court.

Once that plan has been accepted by the creditors, it's put in place and the Company continues on with a plan to pay back the creditors.

The only reason the uneducated are banging on this is because Trump puts his name on everything and therefore it's more visible. Berkshire Hathaway has filed many bankruptcies but because their name isn't on the companies, the public is not as aware of them.

http://bizfinance.about.com/od/businessbankruptcy/a/bizbankruptcy.htm

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 02, 2016 01:50PM

You didn't say anything different than the other guy. The company is bankrupt and the court steps in to try to help keep the company afloat if possible, create an agreed to upon agreement with the creditors and make the creditors whole.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: cbaa ()
Date: June 02, 2016 01:52PM

Trumpenstein Wrote:
-------------------------------------------------------
> cbaa Wrote:
> --------------------------------------------------
> -----
> >
> >
> > Of course, since most of you have never run
> > anything other than your mouths, you haven't a
> > clue how the real world of business operates.
> > Chapter 11 Bankruptcy's are very common and
> > Investors and Banks know exactly what they are
> > getting into. There has not been any
> insinuation
> > of fraud............but individuals and other
> businesses end up getting fucked
> > while Donald hangs onto his money
>
>
> Fixed.

Thanks for proving my point that most of you have never run anything but your mouth.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Loser Trump ()
Date: June 02, 2016 02:19PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> You didn't say anything different than the other
> guy. The company is bankrupt and the court steps
> in to try to help keep the company afloat if
> possible, create an agreed to upon agreement with
> the creditors and make the creditors whole.

Nail it!

It means Trump could no longer be trusted to the run the company because it was going under.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: cbaa ()
Date: June 02, 2016 02:20PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> You didn't say anything different than the other
> guy. The company is bankrupt and the court steps
> in to try to help keep the company afloat if
> possible, create an agreed to upon agreement with
> the creditors and make the creditors whole.

Nope, he didn't say anything different than I said but insinuated I was wrong or lacking knowledge. First of all the Court does not appoint a Judge to make payments. The Court appoints a Trustee to oversee the reorganization plan. The Judge simply reviews the plan and then either accepts or rejects it. The Creditors have major input. The purpose of Chapter 11 is not to "Fuck the Investors". Anyone who has ever run a large Corporation knows Investor relations are very important and running a large Corporation is a little more complex than managing a McDonalds Restaurant.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: cbaa ()
Date: June 02, 2016 02:53PM

In regards to Trump University.

They boast a 98% approval rating for their students. Most of what I have heard is from people who are dissatisfied with the results and feel like they wasted their money. I'm pretty confident that when this gets to Court, that Trump is going to parade many successful student in to make these disgruntled appear to be exactly what they are...Losers.

These complaints are akin to someone going to Harvard, getting low grades and then blaming Harvard for not "making" them a success. Truth is there are always going to be people who no matter what classes they take are not going to do as well as others. Then they decide to try and get their money back by casting themselves as victims and filing lawsuits.

I agree some of the sales tactic were very aggressive but I also know what it takes to convince someone who is very likely an unmotivated person looking for pie in the sky without fully understanding that all Trump U can do is provide them with the knowledge, skill and support to be successful. They can't do it for you.

Some take educational courses like Trump U. Harvard, State Universities, Strayer College etc. Many succeed and many do not even though they take the exact same courses. The difference is not in the material they learn, it's how they apply it.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Scam Artist ()
Date: June 02, 2016 03:40PM

No, actually Harvard doesn't make false claims.

That's what the lawsuits are about. Did Trump University really provide the product they claim and was it just a scam to take peoples money and sell worthless books.

From the looks of the "playbooks" it sounds as if Trump U was more concerned about continuing to milk each person out of their savings, not teaching. The typical Madoff scam, keep taking their money.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Fraud ()
Date: June 02, 2016 03:45PM

I'd say Trump U meet fraud standards-

While the exact wording of fraud charges varies among state and federal laws. the essential elements needed to prove a fraud claim in general include: (1) a misrepresentation of a material fact; (2) by a person or entity who knows or believes it to be false; (3) to a person or entity who justifiably relies on the misrepresentation; and (4) actual injury or loss resulting from his or her reliance.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: cbaa ()
Date: June 02, 2016 04:09PM

I think the central issue the Courts will have to decide is if this is actually a case of Sales Puffery or actual fraud. I admit I do not know the precise details of all the claims but there is a difference between the 2.

Having been in sales for many years, to my ears, Trump U. definitely used high pressure tactics and advanced closing technics, but I'm just not sure if they crossed that line.

Telling someone a used car was driven by a little old lady to Church on Sunday is not fraud.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: YeTMh ()
Date: June 02, 2016 04:12PM

Where are the success stories hiding?

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Earl Schieb ()
Date: June 02, 2016 04:14PM

cbaa Wrote:
-------------------------------------------------------
>
>
> Telling someone a used car was driven by a little
> old lady to Church on Sunday is not fraud.

If it's not true, it most certainly is fraud and misrepresentation. But thank you for comparing Trump to a used car salesman. That's a compliment for him.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: NoTea ()
Date: June 02, 2016 04:27PM

What is Puffery?

“Puffery” is an exaggerated or extravagant statement made for the purpose of attracting buyers to a particular product or service. It is commonly used in connection with advertising and promotional sales testimonials. The Federal Trade Commission defines puffery as a term referring to exaggerations of the quality of a product.

Puffery is often employed by business to “puff up” the image of their product. Statements or terms of puffery are usually subjective opinions rather than objective representations of facts.

It is assumed that most consumers would recognize puffery as an opinion that cannot be verified. Most reasonable persons would not take puffery literally. The difference between puffery and factual representations is the degree of specificity of the claim. Puffery contains broad, general claims, as in the motto “The Best Chicken in the West”.

Is Puffery Prohibited by Law?

No. Puffery is allowed to a degree and is not prohibited by most advertising laws. Generally, a business or seller cannot be held liable for misrepresentation if they issue a statement that amounts to mere puffery or “puffing." Also, statements of puffery cannot be considered as creating an express guarantee or warranty.

The reason why puffery is not prohibited is that most courts consider puffing to be so immaterial and unreliable that it cannot form the basis for liability. However, if the statement does contain a specific misrepresentation or an outright lie, the consumer may hold the seller liable for violations such as false advertising or fraudulent representation.

What is the Difference between Puffery and False Advertising?

As mentioned, puffery is allowed to a limited degree by most trade and commerce laws. On the other hand, false advertising is a crime and may be punishable according to both civil and criminal laws.

In order to prove false advertising, it must be shown that the statement or representation was deceptive. False advertisement is motivated by a desire to deceive or mislead the public. On the other hand, puffery is usually a matter of opinion rather than a factual representation. The aim of puffery is simply to attract more consumers rather than to purposely deceive.

However, the line between puffery and false advertisement can be a tricky one. Therefore, businesses that are making representations about their goods or services should take care to avoid statements that are false, deceptive, or misleading.
- See more at: http://www.legalmatch.com/law-library/article/puffery-laws.html#sthash.CryZvT3p.dpuf

_______________________________________________________________________________

Not comparing Trump U. to a used car salesman. Sales are sales whether it's Cars, Computers, Furniture etc. Hopefully you understand that. If not don't bother to reply and expect to continue this, as your answer is just Puffery. LOL

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: False Ads ()
Date: June 02, 2016 04:39PM

We know for sure it was false advertising. Trump in his commercial says "I've hand picked all these teachers."

Trump DID NOT hand pick all the "teachers." In fact he didn't even meet in person many of the teachers.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Fraud ()
Date: June 03, 2016 03:54PM

YeTMh Wrote:
-------------------------------------------------------
> Where are the success stories hiding?

LOL, The only person saying lots of success stories is Trump.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: nEYw0 ()
Date: June 03, 2016 04:10PM

If Trump U was/is a scam and is worthy of prosecution... So be it. But the type of business model that was used for Trump U is a very common practice that is massively in use by 1000s of businesses right now. If you are going to prosecute Trump U then all these others should be prosecuted as well. Seems like there is selective outrage.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Old News already ()
Date: June 03, 2016 04:19PM

Trump is so fluid that news concerning him soon becomes old, and lost in the shuffle. He is an expert at manipulation of events and makes News agencies look like the High School Reporter. Hillary on the other hand shit sticks to her like fly paper. You can certainly see the higher intelligence in the way Trump maneuvers than Hillary.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: no rocket scientist ()
Date: June 03, 2016 04:20PM

nEYw0 Wrote:
-------------------------------------------------------
> Seems like there is selective
> outrage.


Boy I wonder why that might be. Maybe cuz he's running for president? ya think?

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Lk467 ()
Date: June 03, 2016 04:30PM

Decided to look into Trump U and the wiki entry is a nice study in lefty media bias. So here is a supposedly impartial encyclopedic entry on Trump University. It has an impressive 51 source citations. Not surprisingly at least 30 of them come from strident anti-Trump left wing sources. What a joke.

New York Times – 6
Washington Post – 6
Politico – 3
Huffington Post – 2
Reuters - 2
AP -1
CBS News - 1
CNN – 1
Daily News (NY) - 1
Gawker -1
Los Angeles Times – 1
New Times Broward-Palm Beach - 1
NPR - 1
San Diego Reader -1
Vanity Fair - 1
Vox - 1

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Liberal Medias Fault ()
Date: June 03, 2016 04:45PM

Lk467 Wrote:
-------------------------------------------------------
> Decided to look into Trump U and the wiki entry is
> a nice study in lefty media bias. So here is a
> supposedly impartial encyclopedic entry on Trump
> University. It has an impressive 51 source
> citations. Not surprisingly at least 30 of them
> come from strident anti-Trump left wing sources.
> What a joke.

^Right, because anything is the "media's fault."

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Sure, Twerp ()
Date: June 03, 2016 05:42PM

cbaa Wrote:
-------------------------------------------------------
> Once again, the genius's on this site talk smack
> without a clue of what they are talking about. All
> 4 bankruptcies were Chapter 11 reorganization.

So? So the intent was to restructure and just partially, not totally, fuck over investors. How are those casinos doing these days?

> The
> slightest effort to educate yourselves would go a
> long way. Might even learn some critical thinking
> skill along the way. Or you could just continue to
> rely on internet sites that indoctrinate you with
> slanted views.

Fuck off, you arrogant prick.

> Of course, since most of you have never run
> anything other than your mouths, you haven't a
> clue how the real world of business operates.
> Chapter 11 Bankruptcy's are very common and
> Investors and Banks know exactly what they are
> getting into.

Even Politifact acknowledges that four bankruptcies in 25 years is significant. In fact, CNN Money states that "no major U.S. company has filed for Chapter 11 more than Trump's casino empire". Investors and banks know they are taking a risk. But they don't go into these transactions expecting to lose money.

> There has not been any insinuation
> of fraud.

Who said anything about fraud?

> http://www.politifact.com/truth-o-meter/statements
> /2015/sep/21/carly-fiorina/trumps-four-bankruptcie
> s/
>
> Please continue your uneducated conversations.
> They provide great comedy.

As does your arrogance, jackass.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Shuttle ()
Date: June 03, 2016 05:50PM

Sure, Twerp Wrote:
-------------------------------------------------------
> cbaa Wrote:
> --------------------------------------------------

> > There has not been any insinuation
> > of fraud.
>
> Who said anything about fraud?

It's tough to keep track of which Trump business is fraud and which one is in bankruptcy. Easy to confuse.

Now I'm off to catch the Trump shuttle.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: About Right ()
Date: June 05, 2016 07:38PM

Trump Shuttle Wrote:
-------------------------------------------------------
> Sure, Twerp Wrote:
> --------------------------------------------------
> -----
> > cbaa Wrote:
> >
> --------------------------------------------------
>
>
> > > There has not been any insinuation
> > > of fraud.
> >
> > Who said anything about fraud?
>
> It's tough to keep track of which Trump business
> is fraud and which one is in bankruptcy. Easy to
> confuse.
>
> Now I'm off to catch the Trump shuttle.

LMAO!

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Steaks ()
Date: June 09, 2016 09:12AM

I couldn't find the Trump Shuttle but I'm going to grab myself some of those fine Trump steaks and enjoy with some Trump Wine.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Date? ()
Date: June 09, 2016 04:28PM

What is the date of trail? From what I understand the Trump U cases are currently pending in three states with some other AT's looking into filing charges?

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Happy Days ()
Date: June 13, 2016 01:14PM

Did you say Ponzi or Fonzi?

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Ooch! ()
Date: June 13, 2016 08:31PM

From the evidence it looks like Trump could be convicted in CA.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Willful ()
Date: June 23, 2016 12:08PM

Ooch! Wrote:
-------------------------------------------------------
> From the evidence it looks like Trump could be
> convicted in CA.

Possibly but all they have to prove in California is Trump knowingly supported high pressure sales tactics.

It's pretty easy to convict Trump in California.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: June 23, 2016 03:06PM

Trump U was worse than a ponzi scheme. There was zero return for those scammed.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Sicko's ()
Date: June 23, 2016 03:20PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> Trump U was worse than a ponzi scheme. There was
> zero return for those scammed.

Look like the "handbooks" given to "professors" are a little damaging on the scam or fraud side.

The handbooks basically say get as much money out the students as possible and continually up-sell. Look for weak people with lots of money.

Pretty sick stuff for any company to publish.

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: The Fonz ()
Date: June 24, 2016 10:07PM

Happy Days Wrote:
-------------------------------------------------------
> Did you say Ponzi or Fonzi?


Trump has jumped the shark.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump In Court ()
Date: June 29, 2016 11:43AM

The big question is how will Trump lawyers try to insulated Trump from any testimony. It will look bad when Trump is sitting in court in October.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Fraud Case ()
Date: July 04, 2016 06:00PM

Looking more and more like Trump is going to be convicted in the CA for fraud.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Vexxxed ()
Date: July 04, 2016 07:53PM


Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Scams ()
Date: July 05, 2016 11:26AM

Vexxxed Wrote:
-------------------------------------------------------
> And you are looking more and more like an
> uninformed sheep.
>
> http://www.thegatewaypundit.com/2016/06/heres-hill
> ary-university-scandal-no-one-media-talking/

Nice try but that is no where near what Trump University did. Even Trump admits the University was a scam.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Convicted but Probation ()
Date: July 23, 2016 04:13PM

Trump will get his hands slapped. Probably a conviction in CA and TX, but no jail time. Trump will get his lawyers to settle on probation.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump on Trial ()
Date: August 09, 2016 09:27PM

Judges says enough evidence to move forward with case. Trump's lawyers successfully blocked Trump video taped questioning on the case.

Looks like the trials will begin in October.

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Big Ed ()
Date: August 09, 2016 09:30PM

Trump Scams Wrote:
-------------------------------------------------------
> Vexxxed Wrote:
> --------------------------------------------------
> -----
> > And you are looking more and more like an
> > uninformed sheep.
> >
> >
> http://www.thegatewaypundit.com/2016/06/heres-hill
>
> > ary-university-scandal-no-one-media-talking/
>
> Nice try but that is no where near what Trump
> University did. Even Trump admits the University
> was a scam.


Yeah, it's 100X larger in terms of the money involved and even more of a scam.

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Iknowmyshit ()
Date: August 10, 2016 06:43AM

I looked at these courses from Trump U. They were packaged as over priced seminars. If I had money to piss away I would have done it as I thought it would have been cute on my resume. I really wish I had now. Anyone who thought this was a true university is an idiot.

Rich Dad/Poor Dad, Tony Robbins and Daymond whats his name from Shark Tank all sell the same type educational products. All have lots of buyers remorse if you google any of them.

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Personally Selected ()
Date: August 10, 2016 09:23AM

True but the difference with Trump U was it structured to "take peoples money" not to provide a service. In CA that's a problem when you look at the fraud laws.

In CA you have to have the intent to provide a service for money. Just taking peoples money from advertisement is fraud in CA.

That's a big problem for Trump and Trump U. Trump has also admitted that he "personally select and approved." That's another problem.

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: PC retards ()
Date: August 10, 2016 09:40AM

Just like social security.
Attachments:
image.png

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Spanish Judge Unfair ()
Date: August 21, 2016 11:21PM

LOl, new evidence popped up again in the case. This just won't go away. Expect Trump to call out more judges.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Gerrymanderer2 ()
Date: August 21, 2016 11:44PM

Instead of figuring out which part of this guy is a fraud I think it would be better to figure out what is legit and just consider everything else fraudulent.



Edited 1 time(s). Last edit at 08/21/2016 11:44PM by Gerrymanderer2.

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Scam ()
Date: August 21, 2016 11:49PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> Instead of figuring out which part of this guy is
> a fraud I think it would be better to figure out
> what is legit and just consider everything else
> fraudulent.


bill-clinton-launchestorrens.jpg

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: October Trial ()
Date: September 11, 2016 07:38PM

So now the judge is going to rule in October on the Trump U. Want to take bets on if Trump will be found guilty?

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Corner. Go sit there. ()
Date: September 11, 2016 07:40PM

October Trial Wrote:
-------------------------------------------------------
> So now the judge is going to rule in October on
> the Trump U. Want to take bets on if Trump will
> be found guilty?


Guilty in a civil trial? Damn, you're really fucking stupid.

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: PC retards ()
Date: September 11, 2016 07:43PM

Isn't social security a Ponzi scheme?

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: #DumpThatTrumpChump ()
Date: September 12, 2016 12:31PM

#DumpThatTrumpChump

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Red State * ()
Date: September 12, 2016 12:40PM

Turns out, Hilltard has Parkinsons


 
Attachments:
hillary falls.gif

Options: ReplyQuote
Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Trump Sentenced to ()
Date: September 26, 2016 02:48PM

Nice try on changing the subject. We'll see at the end of October when Trump gets sentenced.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Circus De Trump ()
Date: October 12, 2016 03:03PM

A new judge in trial is setting up hearings for the end of October. That should be a real circus.

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Re: So it turns out Trump U was nothing more than a Ponzi scheme
Posted by: Blue_America ()
Date: November 19, 2016 10:30PM

Trumpites seem to have a difficult time understanding what does and does not constitute a ponzi-scheme.

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