Donald Trump a bust with investors

A recent Bloomberg Poll shows that 68% of investors, analysts and traders have an unfavorable view of the potential presidential candidate. With video.

By Kim Peterson May 13, 2011 12:38PM
The following post is from Bloomberg News:

Donald Trump, the real estate developer-turned-reality-television star who promotes his business acumen as he ponders a U.S. presidential campaign, is a bust with global investors.

By 68% to 14%, the billionaire is viewed unfavorably by respondents in a Bloomberg Global Poll of investors, analysts and traders. In the U.S., where Trump is more widely known, his unfavorable rating climbs to 79%, while those viewing him favorably rises to 17%.

"The last thing this country needs is an uber-political, self-serving, egomaniacal media junkie whose all-sizzle-no-steak approach to life and politics only distracts us all from the real issues and problems of our country," said poll respondent Douglas Schoninger, 50, president of DJS Capital Management Inc. in New York.

Post continues after this video about the Bloomberg poll about Trump:
President Barack Obama was rated favorably by 55% of respondents and unfavorably by 41% in the quarterly poll taken May 9-10 of 1,263 Bloomberg customers. The numbers for two other, less-known potential Republican challengers to Obama weren't as good as the president’s and weren’t as negative as Trump’s. Former Massachusetts Governor Mitt Romney was rated favorably by 25% of respondents, unfavorably by 28%. For Representative Michele Bachmann of Minnesota, the breakdown was 12% favorable, 27% unfavorable.

Birth Issue

Trump, 64, who boasts of his business success and wealth, drew criticism from some poll respondents for reviving questions about whether Obama was born in the U.S. In the wake of Trump spotlighting the issue, Obama sought to settle it last month by releasing a copy of the long-form of his birth certificate showing he was born in Hawaii.

Trump, the star of the NBC reality television show "Celebrity Apprentice," also has questioned the president's school grades, suggesting Obama may have gotten special treatment to gain admission to colleges, including Harvard Law School.

"I don’t really want to see candidates trying to win because of fringe arguments," said poll respondent Michael Enriquez, 35, director of institutional equity trading at National Alliance Capital Markets Group in Austin, Texas.

"In all his blubbering I never really saw him lay out a plan for the future of this country, which I believe is on a dire path due to the amount of debt," Enriquez said. "There are many other issues he could've engaged debate on with President Obama."

'Emphatically Disagree'

Michael Cohen, a spokesman for Trump, said, "I emphatically disagree with any poll results that would question the national or international value of the Trump mark."

Cohen, an executive at the Trump Organization, said he is working on business deals in several countries on behalf of Trump and the organization’s associates. "How could you not have a favorable opinion if, technically, we are being looked at at every country in the world" for business deals, he said.

Trump has made the U.S. economy, job creation and debt the mainstays of his discussions, Cohen said. Trump also has said that as president he would stop China and the Organization of Petroleum Exporting Countries from taking advantage of the U.S.

"The birth certificate and other requests were secondary, but pushed to the forefront by the media for sensationalistic purposes," Cohen said.

Trump said in a May 1 interview that he had decided "in my mind" to run for president, though he wouldn’t make an official announcement until after the May 22 season finale of his TV show.

'Sideshow'

Poll respondent James T. Vanasek, 41, principal at VN Capital Management LLC in New York, called Trump’s presidential exploration a "sideshow."

"His so-called presidential bid is merely another way to garner publicity ahead of his upcoming new season of the 'Apprentice,' and should not be taken seriously by anyone," Vanasek said.

Trump has an unfavorable rating of 62 percent with investors, traders and analysts in Europe. In Asia, where he is lesser known, it is 53 percent. The poll has a margin of error for its entire sample group of plus or minus 2.8 percentage points.

Referring to the birth certificate dispute, J. Ann Selzer, president of Selzer & Co, the Des Moines, Iowa-based firm that conducted the poll, said, "Trump picked an issue to fight about that could be verified in fact, and he didn’t come out on the winning end."

Favorable View

Among those who have a favorable opinion of Trump is poll respondent Carl Frietsch, 52, senior vice president at American Bank of Texas in Sherman, Texas.

"As he has the business acumen to manage big business, he should certainly have the experience to manage the biggest of business -- the USA," he said.

A recent poll of Republican-leaning voters also showed Trump's popularity slipping. In the survey by Public Policy Polling, Trump dropped from first place in April to a tie for fifth place this month among eight potential Republican candidates.

More from Bloomberg News:


1Comment
May 13, 2011 12:49PM
avatar
When NBC started in on Trump I then knew there were scared of him , and now based on there attacks I know Trump is the biggest threat to NBC favorite Obama .
 I now jump on board with Trump for President 
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

112
112 rated 1
288
288 rated 2
479
479 rated 3
645
645 rated 4
644
644 rated 5
653
653 rated 6
638
638 rated 7
483
483 rated 8
288
288 rated 9
123
123 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
ATVIACTIVISION BLIZZARD Inc10
CTSHCOGNIZANT TECHNOLOGY SOLUTIONS10
FOXATWENTY-FIRST CENTURY FOX Inc CLASS A10
ITUBITAU UNIBANCO BANCO MULTIPLO S.A.10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.