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Everything you want to know about Donald Trump's bankruptcies
CNN-Money ^ | September 1, 2015 | Chris Isidore

Posted on 09/06/2015 2:12:30 AM PDT by Cincinatus' Wife

".... Trump claims that successful businesses file for bankruptcy all the time. At the debate he said "virtually every person that you read about on the front page of the business sections, they've used the [bankruptcy] law."

But the facts don't back that comment up.

Despite high profile examples, including General Motors (GM), Lehman Brothers and most of the nation's major airlines, fewer than 20% of public companies with assets of $1 billion or more have filed for bankruptcy in the last 30 years, according to data from Bankruptcy.com and S&P Capital IQ.

Trump has never filed for personal bankruptcy. But he has filed four business bankruptcies, which Bankruptcy.com says makes Trump the top filer in recent decades. All of them were centered around casinos he used to own in Atlantic City. They were all Chapter 11 restructurings, which lets a company stay in business while shedding debt it owes to banks, employees and suppliers...."

Here's a look at Trump's bankruptcy track record.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS: bankrupt; business; economy; mustbepaid2post; tds; trump; trumparticle; trumpbankruptcy
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To: Cincinatus' Wife
"The retort that Trump is not a "real" Republican or a "real" conservative would of course be a devastating criticism had "real" Republicans and "real" conservatives" in Washington managed actually to "conserve" anything during their time in office. Fiscal prudence? Constrained welfare? Private health care? Religious liberty? There's no point to a purity test for a party that folds more reliably than the White House valet. As I've said, for the Republican establishment the issue is Trump; for a large part of the base the issue is the Republican establishment."

Mark Steyn Steyn on America August 17, 2015

161 posted on 09/06/2015 8:19:32 AM PDT by Amntn
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To: thesligoduffyflynns
Games with numbers.

fewer than 20% of public companies with assets of $1 billion or more have filed for bankruptcy in the last 30 years,... How many went out of business or declared bankruptcy before achieving the $1 Billion mark? How many of Trumps companies were worth $1B at the time of bankruptcy?

162 posted on 09/06/2015 8:31:31 AM PDT by Henry Hnyellar
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To: skippyjonjones
Walker is green. Here's the link
163 posted on 09/06/2015 8:46:58 AM PDT by DannyTN
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To: mazda77

Perry, Walker... and the winner is...

Aw hell, they’re both losers!

Can’t wait to see the three percenter she’s assigned to in 2020.


164 posted on 09/06/2015 8:50:19 AM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: DH

we disagree but I think your post is funny

Maybe I’ll move to Kansas


165 posted on 09/06/2015 8:52:24 AM PDT by woofie
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To: conservativegamer

You’re posting this to me, why?


166 posted on 09/06/2015 8:55:17 AM PDT by aMorePerfectUnion ( "Forward lies the crown, and onward is the goal.")
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To: woofie

Woofie, in our perfect world, do you think we would want Trump?

Do you honestly think he would be our first choice?

Sit up, take a look around you and tell me what you see?

You see a Republican Party that has prevented a Conservative from being our nominee since 1984.

You see a Senator that professes to care about a jailed clerk who didn’t lift one finger to submit legislation to protect her.

You see a guy claiming to be a Conservative who voted to cut the number of senators who would need to approve of Obama’s Iran deal by half.

You see a man that voted for support legislation for the TPP.

You see a man who doesn’t think tens of million of out of work US Citizens is enough, so why not triple H1-B Visas...

They’re all a bunch of frauds.

Which fraud do you think I should support?

I’m supporting the Trump fraud. You guys can support whichever fraud you want.


167 posted on 09/06/2015 9:02:43 AM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: Cincinatus' Wife

Washington corrupts. Trump has never withstood Washington corruption. Ted Cruz has.


168 posted on 09/06/2015 9:20:19 AM PDT by dervish (Numbers 33:50-56)
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To: Monty22002

Poor campaigner? After Jeb, Cruz has raised the most money.


169 posted on 09/06/2015 9:21:34 AM PDT by dervish (Numbers 33:50-56)
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To: DoughtyOne

I’ll keep my eyes open for a brand new fraud


170 posted on 09/06/2015 9:45:47 AM PDT by woofie
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To: woofie

Good luck with that.


171 posted on 09/06/2015 9:50:06 AM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: DoughtyOne
I don't think she is assigned.

I believe they are free choice, based on her reasoning and philosophy.

Says more about her thought process than anything else.

172 posted on 09/06/2015 10:12:06 AM PDT by going hot (Happiness is a momma deuce)
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To: MV=PY

Ode to Bill Joe is CORRRRR-—ECT!


173 posted on 09/06/2015 10:19:07 AM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: exit82
"Ode to Bill Joe is CORRRRR-—ECT!"

Where are my 10 bonus points???

174 posted on 09/06/2015 11:40:06 AM PDT by MV=PY (The Magic Question: Who's paying for it?)
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To: DannyTN

Looks like a rollercoaster ride all the way to the bottom. If I were one of his supporters I would be reconsidering.


175 posted on 09/06/2015 11:55:43 AM PDT by skippyjonjones
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To: Cincinatus' Wife

“Is the truth anti-Trump?”

No it’s not. If it’s true. That conversation with
Letterman sounded like a bunch of BS was being thrown around.
Really you have nothing to worry about, they will never let
Trump get the nomination no more than they would have ever
let Ron Paul have it. We’ll get a Bush or someone like him.
A RINO stealth liberal like John Cornyn. He’ll loose and
we will still be where we are right now, post coup.


176 posted on 09/06/2015 3:20:51 PM PDT by Slambat
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To: caddie

Thank you Caddie.

You need to repost this often because it is spot on.

Bump!


177 posted on 09/06/2015 3:27:05 PM PDT by itsahoot (55 years a republican-Now Independent. Will write in Sarah Palin, no matter who runs. RIH-GOP)
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To: hondact200
will strive achieve every possible aim o get what he wants.

With inside like that could you offer up some lottery winners too?

178 posted on 09/06/2015 3:32:32 PM PDT by itsahoot (55 years a republican-Now Independent. Will write in Sarah Palin, no matter who runs. RIH-GOP)
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To: woofie
strangely you have embraced someone who can work quite well with the Marxists.


Thank you woofie

179 posted on 09/06/2015 3:55:06 PM PDT by itsahoot (55 years a republican-Now Independent. Will write in Sarah Palin, no matter who runs. RIH-GOP)
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To: itsahoot

My god, what a fag.


180 posted on 09/06/2015 3:55:58 PM PDT by dfwgator
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