Retail

Trump Has Investments in Carrier, Nabisco

May 25, 2016 
By Steven Wishnia and Neal Tepel

Indianapolis, IN – Donald Trump has investments in several of the companies he’s denounced most loudly on the campaign trail, according to financial disclosures released May 18.

Trump's Executive Branch Personnel Public Financial Disclosure Report states that in 2015, he received between $2,500 and $5,000 in interest from United Technologies, parent of the Carrier Corporation—the air-conditioner manufacturer he slammed for its plans to move its Indianapolis plant to Mexico, laying off more than 2,000 workers. And while Trump says he’s “never eating Oreos again” because Nabisco is moving its Chicago bakery to Mexico, he got between $5,001 and $15,000 from Nabisco’s parent company, Mondelēz International. “He wraps himself in the American flag,” Chuck Jones, president of the Carrier union, United Steelworkers Local 1999, told the Indianapolis Star. “But he doesn't practice what he preaches.” Trump also has investments in Ford, General Electric, Apple, and Disney, also companies he’s bashed on the campaign trail. “Donald Trump has just blown a giant hole of hypocrisy in his own favorite stump speech,” the AFL-CIO said in a statement May 20. “Not only is he an outsourcer himself, he’s also profiting off companies he trashes for doing it—notably Carrier and Oreo.” Read more

May 24, 2016

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