Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Cringing Negativism Network; Vendome; C. Edmund Wright

Negative Net Worth is not an issue that Trump wants to bring up.

If memory serves, he has - on more than one occasion - gone bankrupt and had to be bailed out by the very banks to which he was beholden.

In fact he might have been the origin of that old saw about being “too big to fail.”


19 posted on 07/28/2015 2:37:01 AM PDT by shibumi ("Cover it with gas and set it on fire.")
[ Post Reply | Private Reply | To 10 | View Replies ]


To: shibumi

Trump personally went bankrupt?


22 posted on 07/28/2015 3:01:36 AM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
[ Post Reply | Private Reply | To 19 | View Replies ]

To: shibumi

Some have a grave misunderstanding about what happens when a company files bankruptcy. The laws are different than from personal bankruptcy laws. I think a lot of them do a reorganization. It doesn’t mean they are losing everything they own.


29 posted on 07/28/2015 3:42:24 AM PDT by Catsrus (WWWW)
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson