Gold Supporting Member
- Jul 22, 2016
- Reaction score
- New York
/——/ Either you don’t understand business or are just lying to trash Trump. He licensed his brand in exchange for money. He didn’t run those businesses. The AC casinos closed because of the new casinos on Long Island and Yonkers meant you didn’t have to drive the 2 hours each way to Atlantic City./——/ You couldn’t run a Kool Aide stand without adult supervision.Trump had 6 business bankruptcies over an 18 year period. Other businesses have gone under as well. His biggest banker has booted him, as have others.
what lender is going to loan him money?
Trump bailed out of the casino because Atlantic City was dying due to new competition. The others weren’t his companies. He had licensed his brand name to them. He got paid even when they floundered.
But this has been explained dozens of times. So, you should know better.
Although Trump has never filed for personal bankruptcy, hotels and casino businesses of his have declared bankruptcy six times between 1991 and 2009 due to its inability to meet required payments and to re-negotiate debt with banks, owners of stock and bonds and various small businesses (unsecured creditors)
He's had a LOT of business failures.
- Trump Airlines
- Trump Beverages
- Trump: The Game
- Trump Casinos
- Trump Magazine
- Trump Steaks
- Trump's travel site
- Trumpnet (telecomm)
- Trump Tower Tampa
- Trump University
- Trump Vodka
- Lost revenue for calling Mexicans rapists
Would you really risk your money with a guy with this kind of record. And now we find out he's skipping out on his attorney bills.
You have been factchecked and found wanting. YOU. HAVE. BEEN. SCHOOLED.
Now you’ve been called out for spreading fake news. Trump’s Businesses Raked In $1.9 Billion Of Revenue During His First Three Years In Office