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To: CutePuppy

I still don’t see where TRUMP went bankrupt. Some of his business deals, I see. So, who cares? Happens every day, multiple times a day, and the government never bailed him out, as far as my research has taken me. Do you understand business? What about GMC? Who bailed out that lame brained corporation? What about Chrysler? Who bailed that lame brained corporation out for the SECOND time sice the 1970’s?


31 posted on 09/10/2015 3:19:30 PM PDT by Safetgiver ( Islam makes barbarism look genteel.)
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To: Safetgiver

Yes, I do. Ask around, read my posts (which is what I asked for the first time)...

What about them? What does it have to do with Fiorina, HP (which didn't go bankrupt, and actually successfully turned around after Fiorina cut the opex and merged with the much better positioned in the market, server and laptop leader Compaq) or Trump or his business bankruptcies? Why are you are trying to change the subject?

Nobody was talking about personal bankruptcies, it was all about business and management. And that's exactly the point, that's what you asked to "prove it", isn't it? (like Trump, whose own record of bankruptcies cost thousands of jobs and billions of shareholders’ and lenders’ dollars)..Really? Prove it.

Shareholders and creditors of the public company Trump Entertainment Resorts, Inc. / Trump Hotels & Casino Resorts (DJT) had faith in and relied on Trump's celebrity name and aura of success to invest in the public entity in which Trump had a separate, initially controlling class of stock, (not GS / common stock class).

Trump used it to roll into it his debt-laden casino properties which he financed with expensive "junk-grade bond" CDOs — first, Trump Castle, and about a year and half later, similarly debt-laden Trump Taj Mahal. At which point his debt became assumed as the debt of shareholder-owned but Trump-controlled DJT. He proceeded to run all these properties into the ground, wiping out shareholders equity and billions of dollars in debt write-offs and causing thousands of layoffs.

I provided many links confirming these outcomes. Shall we consider it proved? Or keep changing the subject?

Do read the posts and links I provided. There will be a lot fewer questions and lot less confusion. If you want to ignore it, fine, then you have the same kind of faith in Trump that the people who invested in his celebrity name and reputation had... before they were wiped out. He did quite well for himself, though.

Media and Democrats like Trump now, just as they liked Bob Dole and John McCain, so they are not going to ask tough questions and ignore his brush-offs, so they can enjoy the ratings and the show... Later, it wouldn't be so congenial.

33 posted on 09/10/2015 7:26:54 PM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
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