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Tuesday, 26 December 2006

Trump Mortgage Boss Inflated His Resume?

Posted on 13:45 by Unknown
According to a story on CNNMoney.com, the man that Donald Trump hired to run Trump Mortgage inflated his resume.

Well, I think that is being a little bit charitable. If a guy lies about a degree or exagerates one job, that is inflating his resume. This is a joke.

According to the article, the guy's bio said:

1. He was a "a top executive at one of Wall Street's most prestigious investment banks."

2. He was an "established leader" at one of New York's leading mortgage boutiques.

3. He had 15 years of experience in the financial industry.


But the article said that these turned out to be false. Turns out:

1. It looks like he was a broker at Dean Witter Reynolds for 3 months (and a registered broker for a few days).

2. He was a loan originator at GuardHill Financial for 2 years.

3. Besides his job at Dean Witter, he was a daytrader for 2 years.

It looks like his main work experience was running a nutritional suppliments business. This kind of stuff reminds me of someone working a multi-level marketing (MLM) company.

What really surprises me is how someone like this ends up connecting with someone like Donald Trump, and becomes head of something visible, like "Trump Mortgage".

I don't think he will be the head for too much longer ;-)

It seems like, with the success of "The Apprentice", Donald Trump is actively trying to reach middle-class individuals, through things like books, Trump University, and now Trump Mortgage. But he is getting hooked up with the get-rich-quick crowd.
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