Published August 25, 2013
- FILE- In this May 23, 2005 file photo, real estate mogul and Reality TV star August 25, 2013: Donald Trump, left, listens as Michael Sexton introduces him at a news conference in New York where he announced the establishment of Trump University. New York Attorney General Eric Schneiderman is suing Trump for $40 million, saying that “Trump University” didn’t deliver on its advertised promise to make students rich, but instead steered them into expensive yet mostly useless seminars. (AP Photo)
ALBANY, N.Y. – New York's attorney general sued Donald Trump for $40 million Saturday, saying the real estate mogul helped run a phony "Trump University" that promised to make students rich but instead steered them into expensive and mostly useless seminars, and even failed to deliver promised apprenticeships.
Trump shot back that the Democrat's lawsuit is false and politically motivated.
Attorney General Eric Schneiderman says many of the 5,000 students who paid up to $35,000 thought they would at least meet Trump but instead all they got was their picture taken in front of a life-size picture of "The Apprentice" TV star.
Read more: http://www.foxnews.com/us/2013/08/25/new-york-attorney-general-sues-donald-trump-for-40m-claiming-trump-university/#ixzz2czxgU9si
Attorney General Eric Schneiderman: Are you sure you want to go there? If your lawsuit is successful, it may open the door for ALL colleges and universities to be held accountable for charging students outrageous tuition only to receive degrees of questionable value, and end up hurting your liberal buddies in academia most of all. On second thought, go for it! I’d love to see what could happen next.
I CAN’T RECOMMEND ENOUGH THAT YOU, AND EVERYONE ELSE READ THIS BOOK:http://www.amazon.com/gp/product/1467978302/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1467978302&linkCode=as2&tag=captaicapit06-20
It’s written by Aaron Clarey, who also writes the blog Captain Capitalism http://captaincapitalism.blogspot.com/, which I also recommend reading regularly.