The anticipated Sunday piece in the New York Times examining Donald Trump and his business operations appeared today. If you want to read it, go here.
In case you haven’t been following The Donald’s threats against the Old Gray Lady, he and his minions made thinly veiled threats of suing the newspaper for libel and slander in the New York Post in this article. The Times article is an excerpt from the book Trump Nation written by reporter Timothy O’Brien.
The biggest allegation in the article is that The Donald apparently inflates his net worth to promote his own purposes. There is an interesting discourse in the article between the real estate developer and Forbes magazine about estimating his net worth for inclusion in the list of 400 richest Americans.
Although he was included on the original list, O’Brien can’t find any basis for that, and he notes that Forbes and Trump often disagreed about his value, with The Donald always giving a higher figure — with the difference from the magazine’s estimate sometimes ranging in the billions. To Forbes credit, it has always scoffed at Trump’s estimates, as noted by editor Peter Newcomb in the Times article.