You've bought into the wrastlin match, Karl. In the wrastlin match you have to cheer for one and boo the other. Not cheering for either of them is not allowed in wrastlin. lol
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Bob wrote:Vikingwoman wrote:"4. He has never declared bankruptcy. Some businesses, in which he had an interest have gone bankrupt. So...what is your point?"
Trump’s first corporate bankruptcy was in 1991 when Trump Taj Mahal was unable to pay its obligations.[136] Forbes indicated that his first bankruptcy was the only one where his personal wealth was involved. Time, however, maintains that also in the later 2004 bankruptcy $72 million personal money was involved.[138]
The third corporate bankruptcy was on October 21, 2004, when Trump Hotels & Casino Resorts announced a restructuring of its debt.[142] The plan called for Trump's individual ownership to be reduced from 56 percent to 27 percent, with bondholders receiving stock in exchange for surrendering part of the debt. Trump Hotels was forced to seek voluntary bankruptcy protection to stay afloat. After the company applied for Chapter 11 Protection in November 2004, Trump relinquished his CEO position but retained a role as Chairman of the Board. In May 2005[143] the company re-emerged from bankruptcy as Trump Entertainment Resorts Holdings.[144]
The last corporate bankruptcy occurred in 2009. On February 13, Trump announced that he would resign from the board of Trump Entertainment Resorts and four days later the company filed for Chapter 11 bankruptcy.[145] At that time Trump Entertainment Resorts had three properties in Atlantic City: Trump Taj Mahal, Trump Plaza, and Trump Marina (sold in 2011). In early August 2014 Donald Trump filed a lawsuit requesting his name be removed from the Trump Plaza Hotel and Casino and the Taj Mahal facilities since he no longer runs or controls the company.[146] Trump Entertainment Resorts filed again for bankruptcy in 2014.[147]
This explains the motivation for his publicity strategy. His business holdings may get tight for money, BUT they have one other valuable asset which isn't being counted in that. That's simply the name TRUMP. He's just a real estate investor but unlike any other he's made himself into a household name like Coca-Cola and Budweiser. Brands can have a lot of value based on that alone.
So he manages to escape personal bankruptcy because he can always get people to invest more money in that brand name.
Which brings us full circle back to why he needs so much constant publicity.
Of course another factor is his monumental ego.
Last edited by Vikingwoman on 6/17/2015, 10:46 am; edited 1 time in total
Sal wrote:You, on the other hand, have been lighting your hair on fire for going on eight years over Obama, and you're queuing up nicely for another eight years over Hillary.
Sixteen years of incoherent hysterics!
It's exhausting just to think about.[/font]
Bob wrote:What is my point? Well my point is this. When I see the name MARKLE on this skyscraper then you'll have a point. lol
http://www.cbsnews.com/news/donald-trump-defends-new-chicago-skyscrapers-sign/
Bob wrote:What is my point? Well my point is this. When I see the name MARKLE on this skyscraper then you'll have a point. lol
http://www.cbsnews.com/news/donald-trump-defends-new-chicago-skyscrapers-sign/
Bob wrote:KarlRove wrote:Why are you libtards spun up about trump? Hillary
Is equally as stupid. I'm sure that trump
Can probably run an Internet server better than her and not
Lie about how an ambassador died on her watch
I don't know about libtards.
But just because I couldn't care less if Hillary gets sick and dies, that doesn't make Trump any different than what he is. He can get sick and die tomorrow too for all I care.
Vikingwoman wrote:Bob wrote:Vikingwoman wrote:"4. He has never declared bankruptcy. Some businesses, in which he had an interest have gone bankrupt. So...what is your point?"
Trump’s first corporate bankruptcy was in 1991 when Trump Taj Mahal was unable to pay its obligations.[136] Forbes indicated that his first bankruptcy was the only one where his personal wealth was involved. Time, however, maintains that also in the later 2004 bankruptcy $72 million personal money was involved.[138]
The third corporate bankruptcy was on October 21, 2004, when Trump Hotels & Casino Resorts announced a restructuring of its debt.[142] The plan called for Trump's individual ownership to be reduced from 56 percent to 27 percent, with bondholders receiving stock in exchange for surrendering part of the debt. Trump Hotels was forced to seek voluntary bankruptcy protection to stay afloat. After the company applied for Chapter 11 Protection in November 2004, Trump relinquished his CEO position but retained a role as Chairman of the Board. In May 2005[143] the company re-emerged from bankruptcy as Trump Entertainment Resorts Holdings.[144]
The last corporate bankruptcy occurred in 2009. On February 13, Trump announced that he would resign from the board of Trump Entertainment Resorts and four days later the company filed for Chapter 11 bankruptcy.[145] At that time Trump Entertainment Resorts had three properties in Atlantic City: Trump Taj Mahal, Trump Plaza, and Trump Marina (sold in 2011). In early August 2014 Donald Trump filed a lawsuit requesting his name be removed from the Trump Plaza Hotel and Casino and the Taj Mahal facilities since he no longer runs or controls the company.[146] Trump Entertainment Resorts filed again for bankruptcy in 2014.[147]
This explains the motivation for his publicity strategy. His business holdings may get tight for money, BUT they have one other valuable asset which isn't being counted in that. That's simply the name TRUMP. He's just a real estate investor but unlike any other he's made himself into a household name like Coca-Cola and Budweiser. Brands can have a lot of value based on that alone.
So he manages to escape personal bankruptcy because he can always get people to invest more money in that brand name.
Which brings us full circle back to why he needs so much constant publicity.
Of course another factor is his monumental ego.
Trump is a narcissist. When you have so much money the only thing left is power. He will never hold an elected office as he is not savvy in politics but you can't tell him that. He believes his business acumen overrides everything. He doesn't have the common sense to know it doesn't which is why he is a clown.
Vikingwoman wrote:"4. He has never declared bankruptcy. Some businesses, in which he had an interest have gone bankrupt. So...what is your point?"
Trump’s first corporate bankruptcy was in 1991 when Trump Taj Mahal was unable to pay its obligations.[136] Forbes indicated that his first bankruptcy was the only one where his personal wealth was involved. Time, however, maintains that also in the later 2004 bankruptcy $72 million personal money was involved.[138]
The third corporate bankruptcy was on October 21, 2004, when Trump Hotels & Casino Resorts announced a restructuring of its debt.[142] The plan called for Trump's individual ownership to be reduced from 56 percent to 27 percent, with bondholders receiving stock in exchange for surrendering part of the debt. Trump Hotels was forced to seek voluntary bankruptcy protection to stay afloat. After the company applied for Chapter 11 Protection in November 2004, Trump relinquished his CEO position but retained a role as Chairman of the Board. In May 2005[143] the company re-emerged from bankruptcy as Trump Entertainment Resorts Holdings.[144]
The last corporate bankruptcy occurred in 2009. On February 13, Trump announced that he would resign from the board of Trump Entertainment Resorts and four days later the company filed for Chapter 11 bankruptcy.[145] At that time Trump Entertainment Resorts had three properties in Atlantic City: Trump Taj Mahal, Trump Plaza, and Trump Marina (sold in 2011). In early August 2014 Donald Trump filed a lawsuit requesting his name be removed from the Trump Plaza Hotel and Casino and the Taj Mahal facilities since he no longer runs or controls the company.[146] Trump Entertainment Resorts filed again for bankruptcy in 2014.[147]
2seaoat wrote:I listened to a cable show where the guest is a trump economic expert and he said trump claimed to be worth billions in the early 90s, but he actually got the numbers and the man was 293 million in the hole. I would like one person at the debate to gut this pompous asz with just the numbers of the scam of his brand.....the man represents everything which is evil with America....greed and avarice.....evil personified.
Markle wrote:
How is Mr. Trump evil, full of "greed and avarice" (synonyms) and NOT Steve Jobs, Bill Gates or George Soros for that matter?
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