Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: locogringo who wrote (1035672)	10/29/2017 6:56:50 PM
From: Heywood40	of 1576115

The latest event to cement the Trump reputation: a failed condo project in Mexico which cost buyers $32 million. Trump never put his own money into the Trump Ocean Resort Baja, an oceanside condominium tower north of Rosarito, Baja California. Instead, he and daughter Ivanka lent their names and faces to the developers in exchange for a licensing fee. The Trump family appeared personally at a sales event in San Diego in 2006 and sold 188 units for $122 million in a single day. In 2007, Ivanka Trump told the AP that her father was "the boss" and "involved in every capacity." But in December, buyers got a letter revealing that Trump was not an investor and that bank financing had fallen through. In January, Trump announced that he was taking his name off the project.

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