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Daniel Solomon's avatar

I did a little research. Bessent has a history of losing in real estate deals.

In 2007, Bessent bought a house in Bedford Hills, New York for $11.3 million. He sold it in 2011 for $7.1 million, losing at least $4.2 million. In 2007, Bessent purchased a unit at One Sutton Place South that formerly belonged to a sister of John F. Kennedy, for $12 million; he sold it, at a loss, for $9.5 million in 2009.He took a loss on his unit at 720 Park Avenue, buying it for $19.25 million in 2017 and selling it for $15 million in 2021.

IMHO this makes him emminently qualified to take us into bankruptcy.

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ramona j's avatar

So Trump hired a qualified loser, for once. The guy is disgusting

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Kate Decker's avatar

Excellent research and brilliant comment. I found on line a podcast by one of the spokes persons for the Brix alliance -- they were laughing at Bessent's attempts to "negotiate" absolutely anything.

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