The New Yorker On Trump Turnberry And Financing

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The New Yorker's Adam Davidson takes the opportunity created by Donald Trump's weekend trip to Turnberry to examine how the President financed the renovation. 

Davidson's description of the project itself suggests a bit of ignorance about Turnberry's place in the game, its stature as a world class property and as a potential Open rota venue. 

Nonetheless, the question of why Trump took such a huge financial risk compared to his previous project financing methods. 


In this case, the questions are simple. Did Trump take a turn, in the midst of his years-long frenzy of overseas deals with questionable partners, toward the sentimental use of his own cash to fund a hopeless money pit? Or has Trump’s business practice stayed constant? Did he purchase and rehabilitate Turnberry, as he did so much else, with other people’s money?