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To: silverleaf

Trump doesn’t have ten billion and when you don’t pay your debts you are a deadbeat. Simple stuff that doesn’t need Leo Tolstoy to write.


182 posted on 05/11/2016 7:14:16 PM PDT by jwalsh07
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To: jwalsh07

What part of “ his creditors were repaid “ do you not willfully understand?

Go back and reread your MBA texts about how chapter 11 corporate bankruptcy ( versus chapter 7 individual bankruptcy) works and is a common tool to keep a business alive

This may educate . As you will read in each of his 4 corporate bankruptcies trump either restructured the debt and paid it off or gave up control of the business to creditors so they could retain earnings ... If anyone lost any money it was the latter because their management did not produce results

http://moneymorning.com/2015/07/07/donald-trump-bankruptcy-a-breakdown-ahead-of-the-2016-elections/?gateType=hostage


187 posted on 05/12/2016 4:14:27 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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