Washington Post: “Some of Trump’s businesses are now in crisis, facing sharp drops in revenue and an exodus of clients, lenders, lawyers and business partners. Now, sharks are circling.”
“The Washington Post spoke with four investors who said they are exploring efforts to buy Trump’s properties or the loans he has taken out on them. They believe Trump has fatally wounded his brand — a view shared by some independent analysts — and they are hoping he will cut his losses by selling them luxe properties for cheap.”
Said one investor: “The first thing you do is you take the Trump name off them — which, by the way, could be a multiple-week effort, because it’s on everything. Once it’s gone, it’s a competitive asset.”
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