'Billion-dollar loser' Trump exposed as a fraud by yet another former ghostwriter
Donald Trump speaks to Fox News (screen grab)

"Art of the Deal" co-author Tony Schwartz is no longer the only Trump ghostwriter who has taken to publicly trashing his former boss.


Charles Leerhsen -- the man who ghost wrote Trump's second book, titled "Surviving at the Top" -- has published an essay at Yahoo News in which he reveals that he saw first-hand how all of Trump's boasts about being a great businessman were total nonsense.

Describing Trump as the "billion-dollar loser," Leerhsen explains how Trump used the fictitious version of himself as presented in "Art of the Deal" to convince financial institutions that he had super deal-making powers that his actual finances weren't capturing.

"They believed it over what they saw on his balance sheets or heard coming out of his mouth, and they never said no to his requests for more money," he writes. "As a result, a failing real estate developer who had little idea of what he was doing and less interest in doing it once he’d held the all-important press conference wound up owning three New Jersey hotel-casinos, the Plaza Hotel, the Eastern Airlines Shuttle and a 281-foot yacht."

Leerhsen then documents how Trump's notoriously short attention span and constant need for fresh stimulation ruined any chances he had of making his business ventures profitable.

"Trump’s portfolio did not jibe with what I saw each day -- which to a surprisingly large extent was him looking at fabric swatches," he said. "Indeed, flipping through fabric swatches seemed at times to be his main occupation. Some days he would do it for hours."

Leerhsen describes looking at swatches as something within Trump's intellectual "comfort zone," whereas managing hotels and casinos "clearly wasn't."

In fact, Trump's attention span was once so short that he couldn't be bothered to finish an anecdote about his own father that was to be included in "Surviving at the Top."

"He stared into the middle distance and began to speak," Leerhsen recalls. "'My father...' A long pause followed. Then he said, 'Charles, put something there. I’ll look at it later.'"

Read the whole piece here.