AALU Speaker No Fan of Donald Trump

Insana added that Trump’s much-publicized questioning of President Obama’s birth certificate unnecessarily reignited the so-called birther debate, which he described as “crazy and unhinged.”

Insana said he would “love to see” Trump make a presidential bid, because a Trump candidacy would force Trump to reveal his true net worth. Colleagues on Wall Street peg Trump’s net worth at about $200 million, substantially less than the “billions of dollars” that, according to Insana, Trump says he’s worth.

“One thing I’ve found being in close proximity to extraordinarily wealthy people over the course of my career is that, the richer they are the less they talk about it,” Insana said. “I would take that as a reliable indicator because Trump keeps talking about how rich he is. I previously worked for [hedge fund manager and SAC Capital Advisors founder] Steve Cohen, who is worth $7.5 billion. He never once mentioned to me his net worth.”

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