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The Donald

warcrow

Lifer
Hrm, looks at this......

"Consider his gambling business, Trump Hotels & Casino Resorts. It lost $87 million in 2003. In 2002, it settled charges with the Securities and Exchange Commission (news - web sites) involving overstated earnings for 1999. The company's stock has been drifting down since 1996, from a peak $34 a share to $2.26 a share on Friday. Trump's auditors have warned that without new financing, the company, which has $1.8 billion in debt, could be flirting with bankruptcy."

Didnt he file for bankruptcy a few years ago already?
 
Originally posted by: warcrow
Hrm, looks at this......

"Consider his gambling business, Trump Hotels & Casino Resorts. It lost $87 million in 2003. In 2002, it settled charges with the Securities and Exchange Commission (news - web sites) involving overstated earnings for 1999. The company's stock has been drifting down since 1996, from a peak $34 a share to $2.26 a share on Friday. Trump's auditors have warned that without new financing, the company, which has $1.8 billion in debt, could be flirting with bankruptcy."

Didnt he file for bankruptcy a few years ago already?

As he likes to point out arrogantly, while being oblivious to his investors, Trump Hotels and Casino Resorts makes up less than 3% of his portfolio. Trump filed bankruptcy after the housing/realestate development market crashed in the late '80s, early '90s.
 
Originally posted by: digitalsm
Originally posted by: warcrow

Hrm, looks at this......



"Consider his gambling business, Trump Hotels & Casino Resorts. It lost $87 million in 2003. In 2002, it settled charges with the Securities and Exchange Commission (news - web sites) involving overstated earnings for 1999. The company's stock has been drifting down since 1996, from a peak $34 a share to $2.26 a share on Friday. Trump's auditors have warned that without new financing, the company, which has $1.8 billion in debt, could be flirting with bankruptcy."



Didnt he file for bankruptcy a few years ago already?



As he likes to point out arrogantly, while being oblivious to his investors, Trump Hotels and Casino Resorts makes up less than 3% of his portfolio. Trump filed bankruptcy after the housing/realestate development market crashed in the late '80s, early '90s.

You know what, I remember him sayong on TV a few weeks ago about how he's only pulling in <6mill from The Apprentice. "Realestate is much more profitable". heh
 
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