Posted on 07/27/2015 7:44:33 AM PDT by Ge0ffrey
Trump Entertainment Resorts filed for bankruptcy Tuesday and threatened to shut down the Taj Mahal Casino Resort, which would make it the fifth casino to close this year.
The company owns Trump Plaza, which is closing in a week, and the Taj Mahal, which has been experiencing cash-flow problems and had been trying to stave off a default with its lenders. The company said the Taj Mahal could close Nov. 13.
It's the fourth such filing for the struggling casino company or its corporate predecessors.
The company filed in U.S. Bankruptcy Court in Wilmington, Delaware, saying it has liabilities of between $100 million and $500 million, and assets of no more than $50,000. It missed its quarterly tax payment due last month, and says it doesn't have the cash to make an interest payment to lenders due at the end of the month.
[Something to ponder. He promotes gambling. He left the Republican party to register as a Democrat. He supports national health care. He was pro abortion until very recently. He's starting to hedge on immigration. How many times has he been married? Adulterous affairs? Are you sure he's a conservative?]
(Excerpt) Read more at nydailynews.com ...
Trump is not Ronald Reagan.
Why did he get in to begin with?
I look at these threads the same as I have always looked at the Global Warming predictions; their demise is all but inevitable.
I only have to wait them out, the truth will prevail.
Why did they continue to use the name? (wink wink, nudge nudge)
I guess you haven’t watched Trump’s interview w/ Tapper.
And he has clearly said the divorces were HIS FAULT. He was so absorbed in running his businesses that his wife(s) took a back seat.
How many million times has THAT scenario been running in marriages all over the world, and very few involved $$$$$ empires. Most were just middle class guys trying to get something going.
“Cowards” as in a lot of the many can’tidates in the current mix. NOT you. LOL!
Is a few times married the same as twice? And when do you hit wife shucking, like “the Donald?” And wasn’t Reagan always a traditionalist with regrets that his first marriage didn’t workout? And with Trump, we have a man who supported abortion, gun control, eminent domain to allow billionaire developers to steal private property from ordinary Americans, and Pelosi, Reid, and Hillary. I remember Ronald Reagan. Trump is no Ronald Reagan.
So it's okay for Reagan to be divorced and remarried but not Trump?
I’ve got zero problem with gambling. You should have the freedom to do so if you are an adult. Talk about Nanny State interference by not letting people even play poker online.
Safe to say my problems with Trump do NOT include gambling.
I don’t watch anything on TV.
Who is?
Me neither.
I discovered the USAC channel on Netflix.
these posts remind me of the pro-Guiliani posts of an election past. It was bash other candidates with ending in “but my candidate can walk on water” pitch.
So far we have corporate bankruptcies (reorganization vs liquidation) described for low information business “geniuses”, he used to be a democrat (see Reagan), he donated to democrats (and he does business in NYC), he insulted McCain’s service (does McCain have any shame?), he is too rich (riiiiight because every candidate should build a full sized log cabin with his bare hands before the age of five), and since ALL the experts and past history suggest such early candidate leads fade out by election why is this such Trump panic?
So far trump and knocked out jbush, pushed other low end candidates into desperation spending to get their numbers up. Trump taking out the bottom 5-10 candidates would be a good thing.
Read Trumps Book he sounds like Reagan on economy and Taxes and immigration .wants to get rid of anchor babies hell I would vote for him to get that done nothing in the book about social issues..we are back to 1980..we need to get the economy going and rebuild the military .then take on the social issues My first choice is Walker
Exactly, let him be useful, until he is no longer useful....Primaries haven’t even begun yet.
Wow. Lying about Reagan. He was married twice, including to the woman he was still married to when he died. Can you provide info on the additional marriages the Pu license doesn’t know about?
Yes, go ahead. Gamble to your heart’s content. But it’s an unseemly business.
As a conservative, I think character matters. And money isn’t everything.
Bankruptcy is a business tool. A smart business owner knows when to use it.
The great majority of businesses are “unseemly”. The stock market is gambling pure and simple. Some do it with more information and research than others. The professionals do better than the casual for that reason. The State sanctions gambling with lotteries, etc.
And it isn’t the gambling that is unseemly, it is what can surround it. But what surrounds it surrounds everything. The problem isn’t the gambling and the Bible sure takes no stand against it.
I’ve never had a problem with it and don’t get the fuss.
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