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If approved by investors, the restructuring plan, expected to be filed next month, all but wipes out the common shareholders. Meanwhile, Trump negotiated a $2 million-a-year salary for himself, plus expenses, as part of the deal.
Despite all this, Trump says the mystique of his name is stronger than ever.
"People that don't understand finance might not understand," Trump says. But "for intelligent people, (the restructuring) enhances the (Trump) brand."
Originally posted by dgtempe
He IS an idiot, but i'd like to laugh all the way to the bank like he does!