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Keyword: davidfahrenthold

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  • Why Would a Billionaire Charge the Secret Service $650 a Night?

    02/08/2020 6:00:14 AM PST · by where's_the_Outrage? · 116 replies
    The Atlantic ^ | Feb 7, 2020 | David A. Graham
    Last year, Eric Trump was asked about Secret Service protection at Trump Organization properties. “If my father travels, they stay at our properties for free,” he said. “So everywhere that he goes, if he stays at one of his places, the government actually spends, meaning it saves a fortune because if they were to go to a hotel across the street, they’d be charging them $500 a night, whereas, you know we charge them, like $50.” You will be stunned to learn this is not remotely true. Instead, as the indefatigable David Fahrenthold and three colleagues at The Washington Post...
  • Trump’s prized Doral resort is in steep decline, according to company documents

    05/15/2019 10:56:47 AM PDT · by DoodleDawg · 49 replies
    Washington Post via MSN ^ | 5/15/19 | David Fahrenthold, Jonathan O'Connell
    Late last year, in a Miami conference room, a consultant for President Trump’s company said business at his prized 643-room Doral resort was in sharp decline. At Doral, which Trump has listed in federal disclosures as his biggest moneymaker hotel, room rates, banquets, golf and overall revenue were all down since 2015. In two years, the resort’s net operating income — a key figure, representing the amount left over after expenses are paid — had fallen by 69 percent. Even in a vigorous economy, the property was missing the Trump Organization’s internal business targets; for instance, the club expected to...