I'm Starting To Understand How Five Trump Casinos Went Bankrupt
How on earth does anybody run a casino into bankruptcy? They've either got to be money laundering and cooking the books or they are completely incompetent. Watching the Moron In Chief neglect his duties while trying to outsource his responsibilities gives me a little insight. Donald Trump went bankrupt five times without ever leaving his penthouse except to get on his private plane. Now he is hawking beans on television. The man was born to do infomercials. We've been told for years that "this country needs to be run like a business." They got what they asked for: a CEO who profits while the workers go to hell. Lest anybody think I am a leftist, I am not. I am a former Republican who got thrown out like Justin Amash. I happen to value competency over ideology. 150, 000 deaths and neither Trump nor McConnell has a plan. They don't even have a clue. When this is over, thousands of Americans will have had their lives destroyed. Donald Trump will go back to his penthouse. Everything Donald Trump touches dies.
NoelCaslerComedy Twitter--Trump is 74 and he’s been hurting people since he was a kid throwing rocks at the neighbors baby. He spent his adult years attacking women, stiffing his contractors, suing his creditors, bankrupting casinos, scamming investors. Now as POTUS he has presided over 250k deaths
The growing case of Trump Money Laundering: multiple bankrupt casinos, multiple violations. Secret cash purchases of Trump property. "We see a lot of money pouring in from Russia." (Don Jr.) "We don’t rely on American banks. We have all the funding we need out of Russia." (Eric) -- lots more...
Trump’s Coronavirus Claim Is His Biggest Lie Yet – And It Could Be Working. He bankrupted casinos but sold voters on his business acumen anyway. Now he needs America to forget he downplayed coronavirus for two months.
Trump Hotels & Casino Resorts, a holding company for Trump's three casinos, entered Chapter 11 in November 2004 as part of a deal with bondholders to restructure $1.8 billion of debt. Earlier that year, the holding company posted a first quarter loss of $48 million, double its losses for the same quarter the previous year. The company said its gambling take was down nearly $11 million across ... Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004 when his casinos -- including the Trump Taj Mahal, Trump Marina and Trump Plaza casinos in Atlantic City and a riverboat casino ... Atlantic City mayor: Tear down 'eyesore' of ex-Trump casino Associated Press via Yahoo News · 11 months ago. Mayor Marty Small said in a speech Thursday to a business group that knocking down the vacant casino once owned by President Donald Trump. Atlantic City wants ex-Trump casino razed; owner agrees Associated Press via Yahoo News · 9 months ago. Atlantic City officials said Thursday that ... So Trump figured out a way to erase that debt—at least for himself. He created Trump Hotels and Casino Resorts, a publicly traded company that operated the Trump Plaza. For about six months, it ... Trump’s company encouraged its employees to invest their retirement savings in company stock, according to a class-action lawsuit filed by employees against Trump Hotels & Casino Resorts ... ATLANTIC CITY — The Trump Plaza Casino and Hotel is now closed, its windows clouded over by sea salt. Only a faint outline of the gold letters spelling out T-R-U-M-P remains visible on the ... In 1991, Trump was forced to file Chapter 11 bankruptcy, also known as reorganization, for the Trump Taj Mahal casino in Atlantic City, New Jersey. The casino, which cost US$1.2 billion to build and opened in 1990, was US$3 billion in debt within a year of opening. Trump was forced to give up half his stake in the casino after filing Chapter 11. The Trump Taj Mahal would remain in Trump’s ... #1) Trump Taj Mahal (1991): The Trump Taj Mahal casino in Atlantic City opened in 1990, with Trump financing the completion of its construction with $675 million in junk bonds at 14% interest. By ... Lenders restructured the debt rather than liquidate and Trump put his casino holdings into a new company that went bankrupt in 2004. The company that emerged from that restructuring declared ... Trump Entertainment Resorts Inc., real estate tycoon Donald Trump's casino group, filed for Chapter 11 bankruptcy Tuesday morning, court documents show.
http://democracynow.org - A series of new investigative articles have revealed Donald Trump’s shady business dealings in Atlantic City, his failure to pay co... Trump Casinos File for Bankruptcy - YouTube The three Atlantic City casinos once run by Donald Trump have filed for Chapter 11 bankruptcy protection - for the third time. WNBC News4NewYork reports on Trump defaulting on Casino bonds. Life After Death Experience (NDE) with Steve Gardipee, Vietnam War Story One of the Best NDEs - Duration: 16:38. Dustin Warncke ... In 1995, Donald Trump took his company, Trump Hotels & Casino Resorts, public on the New York Stock Exchange. The stock got off to a strong start, but succes... In 1990, Donald Trump opened the largest and most lavish casino-hotel complex in Atlantic City. Unlike any other casino in America, the Trump Taj Mahal was e...