We’re watching Trump’s 7th bankruptcy unfold

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sactoking

Diamond Member
Sep 24, 2007
7,582
2,817
136
Yeah, I mean, he only hires the bestest people so if everyone close to him end up in jail or bankrupting his businesses it's certainly not his fault they turned out to be such garbage.
 

MrSquished

Lifer
Jan 14, 2013
23,080
21,202
136
Nope. Trumps largest companies are:

  • 1. Trump National Doral.
  • 2. Trump Old Post Office LLC.
  • 3. Trump Ruffin Tower LLC.
  • 4. Trump Turnberry.
  • 5. Mar-a-Lago Club L.L.C.
Source

Oh and 6 of Trump's company bankruptcies were Ch11 so meh. And we all know Trump has never filed personal bankruptcy.

Nope. Trumps largest companies are:

  • 1. Trump National Doral.
  • 2. Trump Old Post Office LLC.
  • 3. Trump Ruffin Tower LLC.
  • 4. Trump Turnberry.
  • 5. Mar-a-Lago Club L.L.C.
Source

Oh and 6 of Trump's company bankruptcies were Ch11 so meh. And we all know Trump has never filed personal bankruptcy.

Yeah. Those are his largest now as in the present. Those that are bankrupt are in the past. His big casino ventures dwarfed his Doral golf resort in comparison.
 

MrSquished

Lifer
Jan 14, 2013
23,080
21,202
136
Because if you know anything about business, you would know people with as many businesses as Trump has does not manage the day to day or operations of those businesses. Still, if you want to think that someone who has over 500 businesses and 7 went bankrupt (6 CH11) is a total business failure, thats up top you. Were all entitled to our own opinions.
Also. A ton of his other businesses failed too - Trump airlines, Trump steak, Trump university, Trump vodka, Trump water, the list is super long actually. They just didn't file for bankruptcy. You really are ignorant.
 

MrSquished

Lifer
Jan 14, 2013
23,080
21,202
136
Yeah. Those are his largest now as in the present. Those that are bankrupt are in the past. His big casino ventures dwarfed his Doral golf resort in comparison.
Also, to add to this, the Taj alone was 3 billion in debt when they filed for bankruptcy, that he started for 1 billion. You think his little golf course in Scotland is worth a billion?

Also I grew up in northern NJ. Trump fucked over a shit ton of local construction folks and other suppliers and providers with his failed businesses. We knew he was a piece of trash long before the rest of the country. You know, from blue collar folks to the white collar folks that ran them. Like in this article, a guy that sold Trump 100K in pianos for the Taj had to eventually settle for 70% of that, screwing them bigly. But you morons enjoy being screwed by Trump unlike like that guy though. It's really weird

 
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cytg111

Lifer
Mar 17, 2008
23,993
13,519
136
Doesn't mean anything. My guess is in every instance he was behind a cooperate shield, which is pretty much SOP in any venture where you have assets to protect.
Trumps primary failing is his never ending quest for self aggrandizement, everything he touches has to have the Trump name plastered across it.
Seriously, 1. Get therapy and 2. Find another role model, this guy is not a man.
 
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alexruiz

Platinum Member
Sep 21, 2001
2,836
556
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Yeah one was due to the property falling into disrepair, and its online partner going broke. The other was due to construction defects. Im sure you think Trump was personally responsible for this (lol) but still meh.

I am not sure that you realize your narrative strengthens my point.

A casino is a money printing machine, but NEEDS maintenance.
If maintenance was overlooked, that is on management (HIM) And before you claim that someone else was in charge because it was delegation of tasks, we all know the orange slime ball loves to micromanage
If the construction was defective when he bought it, again, HE is in charge of making sure it is inspected properly.
 

alexruiz

Platinum Member
Sep 21, 2001
2,836
556
126
Because if you know anything about business, you would know people with as many businesses as Trump has does not manage the day to day or operations of those businesses. Still, if you want to think that someone who has over 500 businesses and 7 went bankrupt (6 CH11) is a total business failure, thats up top you. Were all entitled to our own opinions.

Ok, let's play the successful businessman game.
Michael Bloomberg and Bill Gates have much more money than trump. Furthermore, They did NOT inherit it, they made it.
How many bankruptcies do they have?
Prove us that your orange god is as good with money as them.
 

zzyzxroad

Diamond Member
Jan 29, 2017
3,255
2,272
136
I am not sure that you realize your narrative strengthens my point.

A casino is a money printing machine, but NEEDS maintenance.
If maintenance was overlooked, that is on management (HIM) And before you claim that someone else was in charge because it was delegation of tasks, we all know the orange slime ball loves to micromanage
If the construction was defective when he bought it, again, HE is in charge of making sure it is inspected properly.
I think you are arguing with a guy who thought the character trump played on the apprentice was real.
 

BUTCH1

Lifer
Jul 15, 2000
20,433
1,769
126
Trump made money on the companies he drove into bankruptcy. Tis a mystery why any legitimate business does business with him, let alone loans him money. With the Russian oligarchs, I understand Trump is money laundering for them so losses are a feature but for anyone else, getting in bed with Trump is "shame on me".
It's the reason he turned to Deutsche Bank, he'd burned American lenders so hard/so often none of them would even touch him. DB wanted in on the lucrative US market and doing business with people like Trump, Cohen was a way to
get a "foot in the door" so to speak. It's no wonder he does not want his taxes released, the ugly truth would then be known.
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
Ok, let's play the successful businessman game.
Michael Bloomberg and Bill Gates have much more money than trump. Furthermore, They did NOT inherit it, they made it.
How many bankruptcies do they have?
Prove us that your orange god is as good with money as them.

Lets put it into perspective. How many companies do either man own?
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
I am not sure that you realize your narrative strengthens my point.

A casino is a money printing machine, but NEEDS maintenance.
If maintenance was overlooked, that is on management (HIM) And before you claim that someone else was in charge because it was delegation of tasks, we all know the orange slime ball loves to micromanage
If the construction was defective when he bought it, again, HE is in charge of making sure it is inspected properly.

So youre asserting he has/had enough time to micromanage 500 companies?
 

MrSquished

Lifer
Jan 14, 2013
23,080
21,202
136
So youre asserting he has/had enough time to micromanage 500 companies?
You hire only the best people right? Especially for your biggest projects, the ones that go under. Trump is a grifter, and he is brilliant at one thing, getting small feeble minded people to carry his water, even when the evidence says otherwise.
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
You hire only the best people right? Especially for your biggest projects, the ones that go under. Trump is a grifter, and he is brilliant at one thing, getting small feeble minded people to carry his water, even when the evidence says otherwise.

I asked a yes or no question, and derailed it. Nice job.
 

MrSquished

Lifer
Jan 14, 2013
23,080
21,202
136
I asked a yes or no question, and derailed it. Nice job.
I answered the question. You hire the best people. I mean he literally words it like that himself. I mean especially for the biggest projects, but even the smaller ones. And yet.....

You are not very bright.
 

zzyzxroad

Diamond Member
Jan 29, 2017
3,255
2,272
136
Lets put it into perspective. How many shell companies do either man own?

FTFY and the answer is zero. People like them have run actual corporations. They have ran public companies with strict regulation because they are not con man like trump is. I'm guessing you've little to no interaction with high ranking executives from fortune 500 companies?


Did you attend trump U?
 
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SteveGrabowski

Diamond Member
Oct 20, 2014
7,428
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Of course it wasn't him personally, did you expect any different? If a person inheriting that much wealth from his family actually goes personally bankrupt they are more stupid than we imagined.

Having said that, this is the supposedly brilliant business man that people want running the country? A guy whose companies have gone bankrupt 6 times?

I remember one of dumbfuck Ivanka's stories about how when she and her father ran across a homeless person out front of his building our Dear Leader said that homeless guy was $1 billion richer than him.
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
FTFY and the answer is zero. People like them have run actual corporations. They have ran public companies with strict regulation because they are not con man like trump is. I'm guessing you've little to no interaction with high ranking executives from fortune 500 companies?


Did you attend trump U?

OK then its not a valid comparison.
 

zzyzxroad

Diamond Member
Jan 29, 2017
3,255
2,272
136
OK then its not a valid comparison.
Correct, no comparison to trump the con man and an actual successful businessmen. Now go back to watching reruns of the apprentice and pretending you know how big business works.
 

Bitek

Lifer
Aug 2, 2001
10,676
5,238
136
So youre asserting he has/had enough time to micromanage 500 companies?

Why is he creating "500 companies" when he doesn't have time to run them? Any reason other than tax fraud?

Why on earth did he need 500 companies to do what he does? Bill Gates didn't start a new company for every Ms Office product. Excel LLC lol.

Having an idiotic and failure prone corporate structure is not an accomplishment.
 
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Lanyap

Elite Member
Dec 23, 2000
8,185
2,232
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Also. A ton of his other businesses failed too - Trump airlines, Trump steak, Trump university, Trump vodka, Trump water, the list is super long actually. They just didn't file for bankruptcy. You really are ignorant.




Trump vodka, what a clusterfuck. This is the story of his life.

When cases of Trump Vodka made it from the Netherlands to New York in October 2006, they were unloaded by men in black tie and white gloves. There were promotional parties in Manhattan, Miami Beach, and Hollywood, where attendees included adult-film actresses Stormy Daniels and Tera Patrick. “It’s a smooth vodka, it’s a great-tasting vodka,” Trump said at the January 2007 party in L.A. He called it “very high level, very high style.” Kim Kardashian was there, a few weeks before the sex-tape leak that would vault her to fame.

I guess this is when he hooked up with Stormy.
 

sandorski

No Lifer
Oct 10, 1999
70,231
5,806
126
Doesn't mean anything. My guess is in every instance he was behind a cooperate shield, which is pretty much SOP in any venture where you have assets to protect.
Trumps primary failing is his never ending quest for self aggrandizement, everything he touches has to have the Trump name plastered across it.

Hiding behind things, his one true talent.
 
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ksosx86

Member
Sep 27, 2012
105
44
101
Regarding debt from his standpoint. Not something I consider the best optics although plenty of real estate investors report losses to pay little in federal taxes.
 
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