Accusing Trump of bankruptcy plays well with the low-information, low-morals left.
Anyone with half a brain knows that the filings had to do with separate individual investments, and not personal bankruptcy. This is what good investors like Trump do. They take several big risks. Most work out. Others don’t. When they don’t, you get out using existing laws.
“Anyone with half a brain knows that the filings had to do with separate individual investments, and not personal bankruptcy. This is what good investors like Trump do. They take several big risks. Most work out. Others donât. When they donât, you get out using existing laws.”
Right you are. Out of 500 businesses, Trump had 4 corporate entities that went bankrupt. That’s a great track record considering the super high risks one takes with such investments, and they happened when the bottom fell out of the entire real estate market for everyone, not just Trump. Especially in the Casino business. Trump went on to be worth 10 billion dollars today. Success is Trump’s middle name.