Donald Trump Agrees to Pay $25 Million in Trump University Settlement - Polidicks

[quote]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. The agreement wraps together the outstanding Trump University litigation, including two federal class-action cases in San Diego, and a separate lawsuit by Eric T. Schneiderman, the New York attorney general. The complaints alleged that students were cheated out of thousands of dollars in tuition through deceptive claims about what they would learn and high-pressure sales tactics. “I am pleased that under the terms of this settlement, every victim will receive restitution and that Donald Trump will pay up to $1 million in penalties to the State of New York for violating state education laws,” Mr. Schneiderman said in a statement. “The victims of Trump University have waited years for today’s result, and I am pleased that their patience — and persistence — will be rewarded by this $25 million settlement.” The settlement of the litigation marks a significant reversal from Mr. Trump, who has steadfastly rejected the allegations and vowed to fight the lawsuits, asserting students filled out evaluations showing they were mostly happy with what they learned in seminars. When political opponents pressed him on the claims during the campaign, Mr. Trump doubled down, saying he would eventually reopen Trump University. “It’s something I could have settled many times,” Mr. Trump said during a February debate. “I could settle it right now for very little money, but I don’t want to do it out of principle.” He added, “The people that took the course all signed — most — many — many signed report cards saying it was fantastic, it was wonderful, it was beautiful.”[/quote] [url]http://www.nytimes.com/2016/11/19/us/politics/trump-university.html[/url]

How much of the $25 million came from donations to his charitable organization this time?

[B][I][U]LOCK HIM UP[/U][/I][/B]

appropriate lawsuit to pay for settlement.. [B]*cough cough*[/B] Michael Jackson lawsuit [B]*cough cough*[/B]

Lol ok [img]http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/11/06/trump%20u%20settle_0.jpg[/img] So much for "principle".

Crooked Trump

[QUOTE=Coyoteze;51392873]Lol ok [IMG]http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/11/06/trump u settle_0.jpg[/IMG] So much for "principle".[/QUOTE] Moral principles mean nothing to businessmen.

That cost is nothing for him, compared to how much his victims were defrauded.

Keep in mind that Trump said that Bill Clinton definitely did commit rape, based on the allegations made against him and the fact that he settled out of court. By Trump's own criteria for reasonable doubt, he definitely did commit fraud. LOCK HIM UP

[QUOTE=markfu;51393052]Moral principles mean nothing to businessmen.[/QUOTE] Or he just has bigger concerns now with the whole president thing.

[QUOTE=markfu;51393052]Moral principles mean nothing to businessmen.[/QUOTE] No. You need to get out more.

[QUOTE=Shirt.;51393351]No. You need to get out more.[/QUOTE] Facepunch's demographics do not support going out

[QUOTE=Shirt.;51393351]No. You need to get out more.[/QUOTE] ah i see you are a businessmen yes? the point of a business is to make money.

[QUOTE=Quark:;51394801]ah i see you are a businessmen yes? the point of a business is to make money.[/QUOTE] Making money isn't inherently immoral.

[QUOTE=Boaraes;51394946]Making money isn't inherently immoral.[/QUOTE] That's not what he said. He said right or wrong becomes less relevant when you're a businessman. It's like when people complain that he didn't manufacture a lot of his clothes in the US, of course, he'd lose so much money doing so and that's why he didn't.

Trump never played dirty, not at all - that's why he settled this and that lawsuit where black people were denied apartments because of their race. Or well, it was never proven, but it sure did cost a bunch of money to leave the uncertainty there.

[video]https://youtu.be/o2AD3kdvE54?t=280[/video] "I won't settle" @ 4:35

[QUOTE=thelurker1234;51394954]That's not what he said. He said right or wrong becomes less relevant when you're a businessman. It's like when people complain that he didn't manufacture a lot of his clothes in the US, of course, he'd lose so much money doing so and that's why he didn't.[/QUOTE] And that's not what he said either. He literally said "Moral principles mean nothing to businessmen." That doesn't mean "less relevent", it means completely not relevent. Which is false because there are businesses that do need to be be moral, as immoral actions can and have cost them money.

[QUOTE=Anteep;51396944]And that's not what he said either. He literally said "Moral principles mean nothing to businessmen." That doesn't mean "less relevent", it means completely not relevent. Which is false because there are businesses that do need to be be moral, as immoral actions can and have cost them money.[/QUOTE] If PR wasn't a concern, then no If Exxon had been able to keep global warming as a secret despite the fact they did studies on it in the 70's, then they would see nothing immoral about it, and no desire to change. It's only when they're facing pressure that they would have to change

[QUOTE=thelurker1234;51394954]That's not what he said. He said right or wrong becomes less relevant when you're a businessman. It's like when people complain that he didn't manufacture a lot of his clothes in the US, of course, he'd lose so much money doing so and that's why he didn't.[/QUOTE] In the pursuit of becoming a businessman, the goal is to make money. By achieving the goal, that is what makes a businessman. He claimed that all businessmen lack morality, therefore it's their achievement (money-making) that brings this about.