malcolm quinn posts

Feed

Donald Trump's tour of Australia is a monumental flop

Australia's Herald-Sun reports that Donald Trump's first speaking tour of Australia is in "doubt after an Ipswich-based promotion company collapsed this week, leaving about 1500 ticket holders owed more than $1.5 million."

Ever the gentleman, Trump is reportedly refusing to return the more than $1.5 million he's already been paid and is even demanding more money. Malcom Quinn, the promoter behind the bankrupt firm that had booked The Donald, told The Sun that "He has provided no services for the moneys he has received and he has indicated to me in writing on two separate occasions that not only will he be keeping the funds he has received but expects to be paid the balance regardless of whether he does or doesn't come out here."

What went wrong? It turned out that Trump wasn't the draw Quinn had hoped he would be. Tickets costing up to $2500 have been available since June but only a quarter of the seats have been sold. Ouch!

Continue reading Donald Trump's tour of Australia is a monumental flop

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 02:33 AM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329032020444 ms.