Mike Sweeney,
It would be interesting to know the financial structure of his course empire.
Losses at a given club tend to be softened when they can offset profits at other clubs.
I would imagine that each club is an independent entity, owned by a single holding company.
For all the naysayers, in terms of the finanical woes he'll encounter, I'm not worried about the "Donald's" ability to make a living, and judging by his lifestyle, neither is he.