Trump-Named Golf Course Declares Bankruptcy Amid Opulent Success

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Mark Melin
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Donald Trump, who said in Phoenix recently that the government of Mexico was sending protesters and critics up from the U.S. to oppose him, just had a golf course with his name on it in Puerto Rico, operated by the government, declare bankruptcy. The course was engulfed in difficult economic and debt problems plaguing the Caribbean island, which isn’t likely to impact that massive reserve of wealth that Trump has amassed and very publicly uses to measure his worth on several levels. Trump: “I’m much, much richer” than people think “I’m much, much richer than what they say,” Trump said in…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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