Timothy Egan on American politics and life, as seen from the West. Lost in the exhaust of mendacity left in Las Vegas this week, after Donald Trump brought his birther fantasies to town on behalf of Mitt Romney, was a curious statement by the man who has now cinched the Republican nomination for president. On Tuesday, the same day Trump proved yet again that money and truth, like money and taste, are seldom twined, Romney talked about amending the Constitution to require the president to have business experience. He spoke approvingly of a notion from a store owner who wanted to make anyone who does not have at least three years of business background ineligible to lead the country. Well, there goes Teddy Roosevelt, the writer, rancher and police commissioner, not to mention his distant cousin Franklin Roosevelt, the assistant naval secretary and politician, or Dwight Eisenhower, the career soldier.
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The Myth of the Businessman-President - The New York Times
Trump, the former president of the United States, commutes to New York City from his New Jersey golf club to work out of his office in Trump Tower at least once a week, slipping in and out of Manhattan without attracting much attention. Many of his longtime employees are gone. So are most of the family members who once worked there with him and some of the fixtures of the place, like his former lawyer Michael D. Cohen, who have since turned on him. Trump works there, mostly alone, with two assistants and a few body men. His political operation has also dwindled to a ragtag team of former advisers who are still on his payroll, reminiscent of the bare-bones cast of characters that helped lift a political neophyte to his unlikely victory in
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Today, 25 years after Drexel collapsed, alumni of the investment bank occupy some of the most powerful positions in finance. An association with Drexel, which filed for bankruptcy on Feb. It was not always so. The firm, which became a powerhouse by pioneering the market for junk bonds in the s, admitted to six felony counts in
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