Trump files bankruptcy 4 times in 20 years and wants to be President?

[General of Darkness]

I was just watching Trump talk smack about RP and thought to myself. He keeps talking about his business experience, but this prick is a failure.

Well since the country is bankrupt already, it makes perfect sense. :sarc:



How Many Times Has Donald Trump Filed For Bankruptcy?

By: Jennifer Mackin

Break Studios Contributing Writer

For legendary tycoons, Donald Trump tops the list, but how many times has Donald Trump filed for bankruptcy? The 90’s recession wasn’t picky about who it affected. Donald Trump felt the pinch as well. His decision to use high interest bonds to finance the assembly of the Taj Mahal casino caused life to get very stressful for the tycoon.

In 1991, unable to pay a $3.5 billion loan, he declared business bankruptcy. He also came close to filing personal ruin. At the time, his personal debt was estimated to be around $900 million. Due to the bankruptcy, banks and bondholders lost millions. They came to a compromise with Donald Trump. The banks gave him lower interest rates and a longer time frame to repay the debt and Donald Trump gave the investors half the ownership of the Taj Mahal. In mere months the casino was back in business.

Not even a year later, Trump Plaza Hotel folded and Donald had to declare bankruptcy. Again, he worked out a deal where he’d give up 49 percent of the hotel to Citibank and the other lenders and he’d get more time to pay the loan back. It took him two years to repay most of his debt with many sacrifices. He had to give up the Trump Shuttle.

The bankruptcy saga didn’t stop there. In 2004, Donald filed for bankruptcy protection and restructured his debt. He reduced his ownership of Trump Hotels & Casino Resorts to 27 percent and gave bondholders stocks to help lower his debt and then stepped down as CEO. In 2005, things settled down and Trump Hotels & Casino Resorts came out of bankruptcy with a new name, Trump Entertainment Resort Holdings.

Unfortunately the reemergence didn’t last long. On February 17th 2009, Donald Trump filed for Chapter 11 bankruptcy with a debt ratio of $50 million in assets to his $500 million in debt. This filing made the third bankruptcy for Trump Enterprises.
Posted on: Apr. 23, 2010

[sirgonzo420]

And Timmy Geithner fucks up his own taxes.

Trump would fit right in.

[Bullion_Bob]

He's the king of bullshit. The problem is he'd probably spend more time obsessing over his hair than anything.

[Twisted Titan]

And some how this prick swears he is big a success

He survives by finding loopholes, breaks, favors and palm greasing

Why his books on bussiness are best sellers I will never know

[midnight rambler]

It's all about self-promotion and stroking his ego, and running for president (under the circumstances) is the ultimate self-promotion and stroking of his own ego for The Donald.

[Buster]

Big surprise? In the Age of Perception Trumps Reality he is the ultimate trump. :(

[Libertarian_Guard]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?

[ShortJohnSilver]

And some how this prick swears he is big a success

He survives by finding loopholes, breaks, favors and palm greasing

Why his books on bussiness are best sellers I will never know


The guy started his own modeling agency to serve as his dating service, after his divorce from his first model wife.

Guys look at the girls Trump was able to get and figure he must know something...

[Neuro]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?
That's what I was thinking too, he may be the ultimate man to work out a bankruptcy restructuring of USA... VP?

[Bullion_Bob]

And some how this prick swears he is big a success

He survives by finding loopholes, breaks, favors and palm greasing

Why his books on bussiness are best sellers I will never know


The guy started his own modeling agency to serve as his dating service, after his divorce from his first model wife.

Guys look at the girls Trump was able to get and figure he must know something...


You can get girls be being a master bullshitter. Look up the mystery method. It's all a con. You lie about everything, and create a picture of what you want the person to see, or what you think they would be impressed by.

It is not trivial when I say he is a master bullshitter. He bullshitted his way through multi million dollar deals. Getting 20-something women to part with their clotes v.s. a seasoned investors and their millions is childs play.

I've known two people like this so far. They are supernatural at lying about things thay have no idea about. It's rather unbelievable how good some people are at it.

[messianicdruid]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.

[General of Darkness]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.


Your wife is a perfect example of why some people should not be allowed to vote.

[zap]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.


Your wife is a perfect example of why some people should not be allowed to vote.


What is the difference between him and all the other liars? They are all the same.

[General of Darkness]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.


Your wife is a perfect example of why some people should not be allowed to vote.


What is the difference between him and all the other liars? They are all the same.


Excellent point. I would say the main difference is the hair style or lack of.

[Uncle Salty]

Trump has no plans to run for President. He is just pumping up the Trump brand with all his talk. Getting his Q rating up.

He is a turd.

[messianicdruid]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.


Your wife is a perfect example of why some people should not be allowed to vote.
We had a good laugh about this. She says to tell you the only other time she has voted was for Ross Perot {RP!?}, and if she gets a chance she will still vote for Donald Trump.

[ximmy]

What is trump thinking... that he could do a better job than Obama??? ::)

[Son-of-Liberty]

What really gets me about our monetary system and people like Donald is that he can have a negative net worth of $450 million and live like a king while those who actually work, produce wealth, and have positive net worth's live like paupers.

The guy is a parasite.

[Bullion_Bob]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.


Your wife is a perfect example of why some people should not be allowed to vote.


What is the difference between him and all the other liars? They are all the same.


Because even his hair is a lie.

[k-os]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.


Your wife is a perfect example of why some people should not be allowed to vote.


What is the difference between him and all the other liars? They are all the same.


Because even his hair is a lie.


I think his hair is real . . . it's really about ten strands of hair that are each 8 or 9 inches long, stretching from one ear to the other.

[Bullion_Bob]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.


Your wife is a perfect example of why some people should not be allowed to vote.


What is the difference between him and all the other liars? They are all the same.


Because even his hair is a lie.


I think his hair is real . . . it's really about ten strands of hair that are each 8 or 9 inches long, stretching from one ear to the other.


lol...correct. I should have said his hair is a half truth rather than a lie. :D

[uncletonoose]

I see a bit of irony here, Trump could use his experience with the use of bankruptcy as a selling point. If one argues that the federal government is essentially bankrupt, borrowing 42 cents of every dollar they spend, some sort of reorganization will soon be needed, so who else would be more qualified?


We saw him on TV the other night giving the speech. My wife says she likes the way he says, "You're Fired" and that she would vote for him so he could fire a bunch of the people in Washington.


A beautiful combover :ROFL:

Your wife is a perfect example of why some people should not be allowed to vote.


What is the difference between him and all the other liars? They are all the same.


Because even his hair is a lie.


I think his hair is real . . . it's really about ten strands of hair that are each 8 or 9 inches long, stretching from one ear to the other.

[Bullion_Bob]

Apparently there's instructions if anyone wants to pimp out the trump look. ;D

http://behindblondiepark.com/wp-content/uploads/2009/03/trumphairdo.jpg

[skid]

Apparently there's instructions if anyone wants to pimp out the trump look. ;D

http://behindblondiepark.com/wp-content/uploads/2009/03/trumphairdo.jpg



That's quite the combover ;D

[Book]

http://assets.nydailynews.com/img/2010/09/03/gal_yearbook_ba_donald-trump.jpg

Left photo when he was in school

Facinating Yearbook Photos (http://www.nydailynews.com/gossip/galleries/hollywood_yearbook/hollywood_yearbook.html) <- MUST SEE

:o

[po boy]

What really gets me about our monetary system and people like Donald is that he can have a negative net worth of $450 million and live like a king while those who actually work, produce wealth, and have positive net worth's live like paupers.

The guy is a parasite.


Hell all FRNs are debt.

[horseshoe3]

The guy is not stupid and he's not bad with money. He's just dishonest.

There is no legitimate way to have 50million in assets and 500million in debt. That money didn't just disappear. He moved it around and hid it. Then he filed bankruptcy and stuck the creditors with the loss. He still has the 450million difference, it's just in a different account.