Released: December 12, 2007

Donald Trump spins in foreclosure game

Source: David Lazarus, Los Angeles Times (Free Registration)

When I heard that President Bush wants to bail out homeowners caught up in the sub-prime mortgage mess, I figured I better move fast if I want to profit from other people’s misfortune.

So I high-tailed it over to the Pasadena Hilton, where a seminar was held the other day by a representative of Trump University, Donald Trump’s online institution of business education, founded in 2005. “We teach success,” the venture’s website declares.

An ad in this very newspaper showed a picture of The Donald and quoted him as saying, “Investors nationwide are making millions in foreclosures . . . and so can you!

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