To: mmichaels1970
Forbes site says Donald Trump Corporation has gone bankrupt 4 times..
To: rovenstinez
Forbes site says Donald Trump Corporation has gone bankrupt 4 times.
You are correct....Corporations. A corporation is a separate entity which is created to protect the owner(s) from personal liability. A person could own 30 corporations, file bankruptcy for 10 of them, and still do very well with the other 20. Therefore, Donald Trump (the man) has never gone bankrupt.
If you want to state that four of his corporations have, then I'd agree with you.
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