Market Watch - Fordham University is confirming it received a letter from Donald Trump’s then-lawyer threatening legal action if Trump’s academic records became public. Ex-Trump lawyer Michael Cohen has testified to Congress that Trump directed him to write letters warning his schools and the College Board not to disclose his grades or SAT scores.
Rolling Stone - President Trump built his reputation on his business acumen and negotiating skills. On Tuesday night, the New York Times provided a trove of evidence that he doesn’t have much of either. The news organization obtained the president’s tax information from 1985-1994, and the numbers reveal that the only real skill possessed by the vaunted real estate mogul was hemorrhaging obscene amounts of money. In fact, Trump lost more money than any other American taxpayer over the course of the decade in question: $1.17 billion.
Trump lost so much money between 1985 and 1994 — including over 250 million in both 1990 and 1991 — that he didn’t even have to pay income taxes in eight of the 10 years. Despite the losses, Trump was able to maintain his ultra-luxe lifestyle because most of the money had been borrowed from banks, and because of the $413 million (in today’s dollars, adjusted for inflation) he was able to secure from his father by bobbing and weaving his way around the tax code, as the Times reported last fall.
Newsweek - Over the course of decades, Donald Trump's companies have systematically destroyed or hidden thousands of emails, digital records and paper documents demanded in official proceedings, often in defiance of court orders. These tactics—exposed by a Newsweek review of thousands of pages of court filings, judicial orders and affidavits from an array of court cases—have enraged judges, prosecutors, opposing lawyers and the many ordinary citizens entangled in litigation with Trump. In each instance, Trump and entities he controlled also erected numerous hurdles that made lawsuits drag on for years, forcing courtroom opponents to spend huge sums of money in legal fees as they struggled—sometimes in vain—to obtain records.
Political Wire - "The
Danish Prime Minister called Donald Trump’s interest in buying
Greenland “absurd” the same day the President confirmed he had discussed
the possibility of the US purchasing the country,” CNN reports.Said Danish Prime Minister Mette Frederiksen: “Greenland is not for
sale. Greenland is not Danish. Greenland belongs to Greenland.”
He went on to say that he was “fairly certain” that the paper would endorse him for the 2020 presidential election “just to keep it all going.” Earlier this month, the Times reported a 5.2% increase in total revenue to $436.3 million in the second quarter of 2019 compared with the year earlier. The company also reported a $37.9 million operating profit in the quarter - a dip from the year before, which the company attributed to investment in subscriber growth.
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