dstieger wrote:Yeah...I fully appreciate that there are probably laws or constitutional interpretations that allow him to do nothing....I just find his dismissive, almost condescending manner pretty distasteful. Same feeling I had when he mocked the reporter asking about tax returns.....the boorishness probably worked well for him as a business executive....as my Commander in Chief/President, I'm not impressed
No disrespect intended, but I just don't get the obsession. He's not the first wealthy President. Nor will he be the first President to not completely walk away from his holdings.
We aren't talking about a few million in stocks and bonds. The man is the face of a multi-billion, multi-national, privately owned concern. Unlike holdings of publicly traded corporate stock positions you don't simply sell call your broker on Monday morning and tell him to liquidate your portfolio and wirefunds to the blind trust trustee by close of business.
Basically, he has a couple of options with some nuances. He can seek out a buyer to sell the entire Trump organization. That buyer will want an outside forensic audit. Perhaps someone here will see this post and save him the next 10 years looking for a suitable buyer and negotiating a sale price. Not to mention surely years of litigation regarding associated businesses attempting to get out of contracts due to the financial uncertainty.
Since it may take sometime to do the above, he could sell it piecemeal. Good luck with that. There will certainly be people who want the gems, not so much other divisions. The contracts related to those non-gems will then be litigated regarding fiduciary claims. Another decade long proposal.
At the end of the day, it's impossible to do this in a short time frame. It is naive to believe it can be done and nothing more than inflammatory to expect otherwise.
