Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Liz

Thus the repeated bankruptcies... that’s just how it works, right?


118 posted on 03/21/2016 12:45:36 PM PDT by TheBattman (Isn't the lesser evil... still evil?)
[ Post Reply | Private Reply | To 89 | View Replies ]


To: TheBattman

Oh please....you are missing the mark by a mile.

Trump/s are not personal bankruptcies where people walk away from debt.

Far from it........these are business bankruptcies in which the terms are renegotiated.....almost always to the bank/s advantage.

Banks never lose....they always get paid.

In one case, Trump had to sign over 50% ownership of a casino to a bank.


121 posted on 03/21/2016 1:12:37 PM PDT by Liz (SAFE PLACE? A liberal's mind. Nothing's there. Nothing can penetrate it.)
[ Post Reply | Private Reply | To 118 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson