I know — those of you who are not Trump fans are thinking I’m announcing that Trump has been impeached, or resigned. Alas, no such luck. The Orange Tornado is still with us.
But the Trump name is on the way out at the glitzy Panama City hotel that bears his name and his brand. The new owner of the majority of the hotel units seems to have successfully ousted the Trump organization and won the right to remove the Trump name — which Orestes Fintiklis did with a crowbar. Trump Inc. is apparently contesting that they have lost for good, but possession is 9/10 of the law, as they say, and right now the Fintiklis group is in possession of the hotel and condo building, with the backing of Panamanian courts and the police.
Trump properties in the U.S., at least some of them, appear to be a big hit with Republicans seeking to curry favor with Trump and his family. But properties overseas, especially those in countries Trump has disparaged, are not faring as well. This would seem to fall on the shoulders of the Trump sons, who are running the business with wink-nod attention from Dad, who has supposedly stepped back. I recall reading an article about Trump family nepotism which suggested that based on talent and work ethic, if not for employment in TrumpWorld the sons would be parking cars for a living.