Trump's business empire poses unprecedented potential conflicts of interest - News Summed Up

Trump's business empire poses unprecedented potential conflicts of interest


Under a blind trust, the owner has no say or knowledge in how the assets are managed. The nature of Trump's businesses, Gross said, makes a blind trust all but meaningless – even if he were inclined to shift control of his empire from his family, an idea he has rejected. Given the high-profile properties that bear his name, a blind trust would do little to help his case, experts said. "The idea behind a blind trust is that it's blind – you don't know what assets are held." The potential for conflicts is exacerbated by the lack of publicly known details about Trump's holdings.


Source: bd News24 November 11, 2016 08:26 UTC



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