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Trump to Pay $25 Million in Settlement


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from The NY Times:

"Donald J. Trump has reversed course and agreed to pay $25 million to settle a series of lawsuits stemming from his defunct for-profit education venture, Trump University, finally putting to rest fraud allegations by former students, which have dogged him for years and hampered his presidential campaign.

"The settlement was announced by the New York attorney general on Friday, just 10 days before one of the cases, a federal class-action lawsuit in San Diego, was set to be heard by a jury. The deal, if approved, averts a potentially embarrassing and highly unusual predicament: a president-elect on trial, and possibly even taking the stand in his own defense, while scrambling to build his incoming administration.

"It was a remarkable concession from a real estate mogul who derides legal settlements and has mocked fellow businessmen who agree to them...."

http://www.nytimes.com/2016/11/19/us/politics/trump-university.html?emc=edit_na_20161118&nlid=34808475&ref=cta&_r=0

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  • 4 months later...

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he is the president of the United States, a prolonged lawsuit is not in the best interest of the Country. He did the right thing. He probably would have won, of course, years later on appeal, because some low-level "judge" would have had political reasons to attack him with it!   

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goodness, what trashcan did you dig this out of.....    article is 4 months old...

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"It was a remarkable concession from a real estate mogul" and it was an easy way for some opportunists to make some easy money, knowing that Trump just didn't have the time to waste on trivial matters.  These malcontents probably thought Trump University was giving them a guaranty of success and that they would just get connections through the University that would help them become Millionaires.  GET A JOB LIKE THE REST OF US, YOU LAZY BUMS.

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