Based on how Trump is managing the Iran war do is an example of why organizations, he led, went bankkrupt 6 times.

[ElmerMudd]

/----/ I live with myself fine. You clearly don't know what you are talking about. You just have an axe to grind against Trump. Refute any of this with more than your personal bias.

The financial trajectory of Donald Trump has been a subject of intense public record and debate, characterized by high-leverage growth, significant corporate setbacks, and subsequent recoveries. While he has never filed for personal bankruptcy, he has experienced periods where his net worth dropped substantially.
The most notable period of financial decline occurred in the early 1990s, followed by another era of restructuring during the 2008 financial crisis.

---

1. The Early 1990s Liquidity Crisis​

In 1990, the real estate market crashed, and Trump found himself heavily over-leveraged with nearly $3.4 billion in debt (much of it personally guaranteed).

• Dropping off the Forbes 400: In 1990, Forbes removed him from their billionaire list, estimating his net worth was actually within "the neighborhood of zero" due to his massive debt obligations.
• Corporate Bankruptcies: This led to a series of Chapter 11 restructurings for his Atlantic City properties, including the Trump Taj Mahal (1991) and the Trump Plaza Hotel & Casino (1992).
• Asset Liquidation: To appease creditors, he was forced to surrender high-profile assets, such as his 282-foot yacht (the Trump Princess) and the Trump Shuttle airline.

2. The Impact of the 2008 Financial Crisis​

While not as devastating to his personal survival as the 90s, the global recession impacted his hospitality and real estate holdings.

• Trump Entertainment Resorts: His casino company filed for bankruptcy for the third time in 2009.
• Net Worth Volatility: During this period, Bloomberg and Forbes often disagreed on his valuation, with estimates fluctuating by hundreds of millions based on the declining value of luxury office space and hotel ADR (Average Daily Rate).

3. Recent Legal and Civil Judgments​

In the last few years, his fortune has faced specific, documented hits due to legal proceedings in New York:

• Civil Fraud Case: A 2024 ruling in the New York civil fraud case initially hit him with a penalty of over $350 million plus interest, a significant liquid hit to any individual's fortune.
• E. Jean Carroll Judgments: He was ordered to pay roughly $88.3 million across two separate defamation and sexual abuse trials.

---

Summary of Major Financial "Hits"​

Era	Primary Cause	Key Result
1990–1995	Real Estate Crash & Junk Bonds	Lost the Trump Shuttle, Yacht, and 50% stake in the Grand Hyatt.
2004–2009	Gaming Market Saturation	Restructuring of Trump Hotels & Casino Resorts; reduced equity stake.
2024–Present	Legal Judgments	Massive cash outlays for civil penalties and defamation awards.

You just posted manusha.

You have never owned a business and understand what it is like to deal with bankruptcies of clients. I have.

But my business career included, only a few, mismanaged businesses that declared bankruptcies. A well run business can make it in hard times.

 

[Chuz Life]

Based on how Trump is managing the Iran war do is an example of why organizations, he led, went bankkrupt 6 times.
His ego got in the way of doing what is best for the organization.

The six major bankruptcies tied to Trump​

Trump Taj Mahal (1991) – Atlantic City casino overwhelmed by heavy debt.
Trump Plaza Hotel & Casino (1992) – Struggled with debt payments.
Plaza Hotel (New York) (1992) – Luxury hotel deal financed with large loans.
Trump Castle Hotel & Casino (1992) – Another Atlantic City casino restructuring.
Trump Hotels & Casino Resorts (2004) – Public company holding his casino assets filed Chapter 11.
Trump Entertainment Resorts (2009) – Successor company filed again during the financial crisis.

I may never vote for him again.

 

[Meathead]

Based on how Trump is managing the Iran war do is an example of why organizations, he led, went bankkrupt 6 times.
His ego got in the way of doing what is best for the organization.

The six major bankruptcies tied to Trump​

Trump Taj Mahal (1991) – Atlantic City casino overwhelmed by heavy debt.
Trump Plaza Hotel & Casino (1992) – Struggled with debt payments.
Plaza Hotel (New York) (1992) – Luxury hotel deal financed with large loans.
Trump Castle Hotel & Casino (1992) – Another Atlantic City casino restructuring.
Trump Hotels & Casino Resorts (2004) – Public company holding his casino assets filed Chapter 11.
Trump Entertainment Resorts (2009) – Successor company filed again during the financial crisis.

Here's a list of Trump owned businesses. I can't be bothered to count them all, but please feel free to do so.

List of Companies Owned by Donald Trump – Brands Owned By

Check out the complete list of companies owned by Donald Trump and understand his vast business empire. Click here to read all.

brandsownedby.com

 

[OhPleaseJustQuit]

Trump should not be president of the USA.
His focus is always on himself, not the organization (country) he is running.

Is your first language Russian?

.

I guess you'd better tell him that.






.

 

[Cellblock2429]

You just posted manusha.

You have never owned a business and understand what it is like to deal with bankruptcies of clients. I have.

But my business career included, only a few, mismanaged businesses that declared bankruptcies. A well run business can make it in hard times.

/—-/ Manusha??? Facts that support my position is manusha? You will reject anything I post. 5 failures out of 500 successes is pretty damn good.
Now explain why all of Atlantic City collapsed.
BTW, I ran a rental property business with my family for twenty years. We sold at a substantial profit.

 

[ElmerMudd]

/—-/ Manusha??? Facts that support my position is manusha? You will reject anything I post. 5 failures out of 500 successes is pretty damn good.
Now explain why all of Atlantic City collapsed.
BTW, I ran a rental property business with my family for twenty years. We sold at a substantial profit.

FUN FACT

It took 16 months for Trump to bankrupt his first casino — but only TWO for him to tank the Kennedy Center!
In July 1991, the Trump Taj Mahal filed for Chapter 11 bankruptcy protection a little more than a year after it opened in April 1990.
Trump had failed to generate enough revenue to cover the massive debt from his $1 billion construction.
Now, Trump has shuttered the Kennedy Center he slapped his name on in December — LESS THAN 2 months after becoming its "chairman."
A new record! Congrats, Don

 

[ElmerMudd]

/—-/ Manusha??? Facts that support my position is manusha? You will reject anything I post. 5 failures out of 500 successes is pretty damn good.
Now explain why all of Atlantic City collapsed.
BTW, I ran a rental property business with my family for twenty years. We sold at a substantial profit.

How Donald Trump Bankrupted His Atlantic City Casinos, but StillEarned Millions

https://www.congress.gov/116/meeting/house/111078/documents/HMKP-116-JU00-20200929-SD002.pdf

 

[Winston]

/—-/ Manusha??? Facts that support my position is manusha? You will reject anything I post. 5 failures out of 500 successes is pretty damn good.
Now explain why all of Atlantic City collapsed.
BTW, I ran a rental property business with my family for twenty years. We sold at a substantial profit.

What 500 successes. How many are profitable?

 

[Meathead]

What 500 successes. How many are profitable?

Most, if not all.

 

[ElmerMudd]

/—-/ Manusha??? Facts that support my position is manusha? You will reject anything I post. 5 failures out of 500 successes is pretty damn good.
Now explain why all of Atlantic City collapsed.
BTW, I ran a rental property business with my family for twenty years. We sold at a substantial profit.

Trump represent 4 of 8 bankruptcies in Atlantic city. None of Trump's casinos were one of the 6 casinos that were well managed and survived the tough times.
In business and [politics you want a leader who knows how to get through hard times.

Casinos that went bankrupt​

• Trump Taj Mahal
• Trump Plaza
• Trump Marina (Trump Castle)
• Atlantic Club
• Revel (later Ocean)
• Sands Atlantic City
• Trump Entertainment Resorts (corporate entity covering multiple casinos)
• Caesars Entertainment (parent company bankruptcy affected AC properties)

Casinos that did NOT go bankrupt​

• Borgata
• Harrah’s
• Tropicana
• Golden Nugget
• Resorts
• Bally’s

 

[Hafar1014]

Based on how Trump is managing the Iran war do is an example of why organizations, he led, went bankkrupt 6 times.
His ego got in the way of doing what is best for the organization.

The six major bankruptcies tied to Trump​

Trump Taj Mahal (1991) – Atlantic City casino overwhelmed by heavy debt.
Trump Plaza Hotel & Casino (1992) – Struggled with debt payments.
Plaza Hotel (New York) (1992) – Luxury hotel deal financed with large loans.
Trump Castle Hotel & Casino (1992) – Another Atlantic City casino restructuring.
Trump Hotels & Casino Resorts (2004) – Public company holding his casino assets filed Chapter 11.
Trump Entertainment Resorts (2009) – Successor company filed again during the financial crisis.

Many successful men have bankruptcies in their past. What matters is what they do successfully. You wouldnt understand that. We learn from our mistakes and do it again until we succeed. Have you even tried? How many hotels have you built Elmer

 

[Cellblock2429]

Trump represent 4 of 8 bankruptcies in Atlantic city. None of Trump's casinos were one of the 6 casinos that were well managed and survived the tough times.
In business and [politics you want a leader who knows how to get through hard times.

Casinos that went bankrupt​

• Trump Taj Mahal
• Trump Plaza
• Trump Marina (Trump Castle)
• Atlantic Club
• Revel (later Ocean)
• Sands Atlantic City
• Trump Entertainment Resorts (corporate entity covering multiple casinos)
• Caesars Entertainment (parent company bankruptcy affected AC properties)

Casinos that did NOT go bankrupt​

• Borgata
• Harrah’s
• Tropicana
• Golden Nugget
• Resorts
• Bally’s

/—-/ All true—— and he bounced back with 500 successful businesses. Sucks to be you.

 

[Cellblock2429]

How Donald Trump Bankrupted His Atlantic City Casinos, but StillEarned Millions

https://www.congress.gov/116/meeting/house/111078/documents/HMKP-116-JU00-20200929-SD002.pdf

/——/ TL;DR. Summarize.

 

[Winston]

Most, if not all.

Delusional. Name one. Trump steaks, bombed. Trump water, bombed. Trump Real Estate school, paid a settlement. How are those golf properties going In Scotland? I mean let's get real here, when you can't make a golf course in Scotland work then what the hell can you do?

 

[Cellblock2429]

Delusional. Name one. Trump steaks, bombed. Trump water, bombed. Trump Real Estate school, paid a settlement. How are those golf properties going In Scotland? I mean let's get real here, when you can't make a golf course in Scotland work then what the hell can

/——-/ So what? He tried new ideas and they didn’t work out. He tried more things that did,
What’s your problem?