To: Radix
Trump’s bankruptcies mean other people paid for his folly.
40 posted on
12/17/2015 1:55:28 AM PST by
elhombrelibre
(Against Obama. Against Putin. Pro-freedom. Pro-US Constitution. Go Cruz.)
To: elhombrelibre
Folly = Business acumen.
Mileage varies.
51 posted on
12/17/2015 2:27:43 AM PST by
Radix
("..Democrats are holding a meeting today to decide whether to overturn the results of the election.")
To: elhombrelibre
Trumps use of bankruptcy restructured the debt and kept the businesses alive and retained most of the jobs too. It is a legal framework to give each party the fairest outcome that can be legally accepted by both, when economies and business plans fail
Do some research on them
This is taught in business school as a way to keep going on a different path, not to dump everything and walk away
90 posted on
12/17/2015 4:41:00 AM PST by
silverleaf
(Age takes a toll: Please have exact change)
To: elhombrelibre
Trump’s bankruptcies mean other people paid for his folly.Actually,no.
The four Trump business bankruptcies were all Chapter 11 restructurings,not Chapter 7 liquidations.
Debt was repaid.
120 posted on
12/17/2015 10:43:27 PM PST by
exit82
("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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