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To: cotton1706

Well, somebody who thinks the way of dealing with financial problems is to declare bankruptcy several times probably really isn’t into commerce anyway.


3 posted on 01/14/2016 4:08:47 PM PST by livius
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To: livius
Well, somebody who thinks the way of dealing with financial problems is to declare bankruptcy several times probably really isn’t into commerce anyway.

My understanding is Trump reorganized 4 out of over 400 companies under chapter 11.

Do you have info to say otherwise, I'd be interested to learn.

9 posted on 01/14/2016 4:15:42 PM PST by Las Vegas Ron ("Medicine is the keystone in the arch of Socialism" Vladimir Lenin)
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To: livius

Shows how little you know about business. Chapter 11 keeps the company operating, people keep their jobs, until through restructuring the company becomes viable again. You seem to think it is just the company closing its doors and the owners pocketing the cash. Trump personally has never been bankrupt.


18 posted on 01/14/2016 4:25:14 PM PST by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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To: livius

You are full of crap. Chapter 11 laws are there for a reason and plenty of businesses find themselves in the unfortunate situation of having to use them.

To say that Trump isn’t into commerce is pathetic.


22 posted on 01/14/2016 4:36:38 PM PST by Aria (Abortion = murder, the taking of a human life.)
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