Trump International Golf Club Puerto Rico filed for bankruptcy as Donald Trump, the billionaire real estate mogul who lent his name to the property, makes a bid for the White House.
Donald Trump isn’t involved in the operations of the golf course and a “difficult business climate in Puerto Rico” resulted in the owner’s financial issues, said Eric Trump, the presidential candidate’s son and an executive at the Trump Organization.
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“We have zero financial investment in this course, ” Trump said in a phone interview. “This has absolutely nothing to do with Trump. This is a separate owner. We purely manage the golf course.”… READ MORE
Bloomberg, by Dawn McCarty