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Unread 2019-10-08, 16:21   #1
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aarkieboy
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Feb 5 2003
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"The Trump Organizationís two Scottish golf courses lost $14.3 million in 2018, extending a multiyear string of losses that have intensified since Donald Trump took office, according to annual financial reports released this month.

The results add further pressure to two of President Trumpís key overseas investments at a time when the company faces backlashes on many fronts, including customers who shun the presidentís family business for political reasons and golf course neighbors upset by the companyís plans to build hundreds of new homes on bucolic farmland.

The losses at the two Scotland courses ó the Turnberry resort along the southwestern coast and another seaside course near Aberdeen in the northeast ó were detailed in documents filed by the Trump Organization with the British government and posted online in recent days.

These two courses are among 14 properties Trump bought without loans between 2006 and 2014, an all-cash spending binge that topped $400 million." (More)
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