Monday, November 17, 2008

Billionaire Trump has a Billion

So there we have it. According to the man that runs the Donald's Scottish operation he has one billion pounds, not one billion $, but a billion £, just sitting in the bank ready to fund the building of the world's greatest golf course and a small town in Aberdeenshire. According to Mr Sorial: "The money is there, ready to be wired at any time. I am not discussing where it is, whether it is in a Scottish bank or what, but it is earmarked for this project. If we needed to put the development up tomorrow, we have the cash to do that. It is sitting there in the bank and is ready to go."

Have you ever heard such guff? Ready waiting to be wired to whom exactly? No one person is building this thing, no one organization will be in receipt of the money; it is a properly (we hope) funded and costed project with a whole raft of suppliers and companies that will be involved. Of course it's all bluff and bravado, because there are hints that all is not good in the trump empire with at least one law suit against one of his developments.

Let's not forget the Government's involvement in all this, a set of circumstances that may still come back to haunt them and the project. I can just see it all becoming a touch unravelled and the Government having to step in to save the project. . . with our money of course.

And another thing. . . it's one thing having the money to build the thing but you've also got to sell it Mr. T.


James Higham said...

So, what are you suggesting, Richard?

Wolfie said...

Everyone needs golf in a depression! Think of all the groundsmen it would require?

CherryPie said...

Walking around the golf course relieves stress. Ermm no thinking about it, it doesn't does it?

Ellee Seymour said...

I shall be following this with interest Richard. I was amazed Trump got planning permission.