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View Full Version : How many bankruptcies can one have?


Flysofree
03-12-2016, 03:32 PM
Even business type accounts... How many can one have and not be called a "LOSER"?

I know,...but he gave people jobs... oh yes of course.

Fager Fan
03-12-2016, 03:48 PM
Here's some good reading for you:

http://www.forbes.com/sites/clareoconnor/2011/04/29/fourth-times-a-charm-how-donald-trump-made-bankruptcy-work-for-him/#55165726f7a6

PaceAdvantage
03-12-2016, 04:45 PM
People think that simply using key words, no matter the context...this will provide their life meaning and give them something to hold on to...

You keep going with the bankruptcy thing...EVENTUALLY, everyone will be under the mistaken impression that Trump has filed personal bankruptcy DOZENS of times.... :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :jump:

Tom
03-12-2016, 04:49 PM
It is "Bush's tax cuts for the wealthy" BS all over again.
Libs think if you say it enough times, it will come true.

Stillriledup
03-12-2016, 04:59 PM
Even business type accounts... How many can one have and not be called a "LOSER"?

I know,...but he gave people jobs... oh yes of course.

It's called being bold and not afraid to take chances.

Flysofree
03-12-2016, 05:01 PM
People think that simply using key words, no matter the context...this will provide their life meaning and give them something to hold on to...

You keep going with the bankruptcy thing...EVENTUALLY, everyone will be under the mistaken impression that Trump has filed personal bankruptcy DOZENS of times.... :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :jump:


No, Only the poorly educated will think that. Those that can read and care to read will know it was FOUR Company bankruptcies that were filed. Ah but what's 4 just a number... I mean some people have 4 divorces. No big deal!
Of course some people call it legalized stealing... But hey it's business..Right!

PaceAdvantage
03-12-2016, 05:06 PM
No, Only the poorly educated will think that. Those that can read and care to read will know it was FOUR Company bankruptcies that were filed. Ah but what's 4 just a number... I mean some people have 4 divorces. No big deal!
Of course some people call it legalized stealing... But hey it's business..Right!Hillary can match Trump in the legalized stealing department...of this I know. We can start with her amazing ability to play the market. Just think...if her political candidacy goes to hell, where she isn't paid $200,000 just to talk for an hour, she can just go home and play the stock market.

http://www.nytimes.com/1994/03/30/us/hillary-clinton-turned-1000-into-99540-white-house-says.html?pagewanted=all

That is but just one instance of her legalized stealing.

I sincerely doubt you have EVER posted about the above...I know, it happened a long time ago...but so did some of those Trump bankruptcies, but that doesn't stop you. :lol:

Tom
03-12-2016, 05:10 PM
No, Only the poorly educated will think that.

You mean democrats?

OntheRail
03-12-2016, 05:51 PM
How many bankruptcies can one have?
Even business type accounts... How many can one have and not be called a "LOSER"?

I know,...but he gave people jobs... oh yes of course.
How bout you go and Google bankruptcy laws and read about it. But then again you don't really get two shits about it... just trying to kick up a little dust. But due to the shifting winds it just got in your eye.

How but this... a loser files bankruptcy and never tries again... a winner picks up their boot straps and forges ahead.

If you look at The Bucks to Bullshit Ratio as I call it. Trump is Gold and that's a sound investment in the future... ;)

Clinton is Lead Weight... as we all know lead is toxic.
Sander's is Dead Weight... the Country would collapse... but thank God will never have suffer him.

betovernetcapper
03-12-2016, 05:52 PM
The first bankruptcy involved the Trump Taj Mahal. That was the only one that came close to really hurting him personally in a financial sense.
I was reading an issue of New York Magazine that had an in depth analysis of the operation, along with lots of photos. The casino was very lavish and spared no expense. I think for some reason they even had an elephant. The article listed the expenses of the operation and they were pretty high. I took my 10 key calculator, added the numbers and came up with what their daily nut would be.
This was right after Labor Day and the DRF had a listing of each tracks handle for Labor Day. I added the handles and then multiplied by .05. I took a guess that the casino could average a 5% profit on each dollar bet. If my figures were right, and if the Taj Mahal took in all the money that was bet on Labor Day for the nation every day, they could maybe break even. This was a tall order and seemed a poor business plan.
Ironically as this was going to be the only legal casino east of Nevada, they could have opened up in an abandoned warehouse and made money. Allegedly there was a single craps table on Mott street in NYC that handled $100,000 a night. Made no sense.

barahona44
03-12-2016, 06:25 PM
People think that simply using key words, no matter the context...this will provide their life meaning and give them something to hold on to...

You keep going with the bankruptcy thing...EVENTUALLY, everyone will be under the mistaken impression that Trump has filed personal bankruptcy DOZENS of times.... :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :jump:
I might agree with you except it's Trump Air, Trump Taj Mahal, Trump Vodka, Trump Towers, etc.,etc.,ad nauseam.

Live by the ego,die by the ego.

tucker6
03-12-2016, 06:29 PM
Live by the ego,die by the ego.
I think Trump is doing okay. :D

Anyone who wouldn't want his bank account is a damned liar.

barahona44
03-12-2016, 06:30 PM
It's called being bold and not afraid to take chances.
Or it's called bad decisions, putting ego and hubris ahead of sound decision making, hiring the wrong people, etc.None of which is a great background if you're running on a "I can fix the economy" platform.

RunForTheRoses
03-12-2016, 06:40 PM
What about Hillary being the wife of an accused rapist/sex offender? Shouldn't that be a dis qualifier? Especially amongst feminists?

Fager Fan
03-12-2016, 06:59 PM
No, Only the poorly educated will think that. Those that can read and care to read will know it was FOUR Company bankruptcies that were filed. Ah but what's 4 just a number... I mean some people have 4 divorces. No big deal!
Of course some people call it legalized stealing... But hey it's business..Right!

But is that really the case? You know, people and companies can file for bankruptcy and actually pay all their debts off. From the article I posted, it lists Trump giving 50% ownership here, selling an airline there, selling a yaht over there, all paying down the debt. I don't see anything about all the companies or people he stiffed. Do you have that information?

tucker6
03-12-2016, 07:05 PM
Or it's called bad decisions, putting ego and hubris ahead of sound decision making, hiring the wrong people, etc.None of which is a great background if you're running on a "I can fix the economy" platform.
That's your opinion of course. I don't expect a president to be perfect.

lamboguy
03-12-2016, 07:09 PM
when i was in the the car leasing business and i was taking a credit application, i used to ask the customer have you had more than 2 bankruptcies? and did you have more than 3 repo's? i would get a truthful answer, the guy would say hell no, i have only had 1 bankruptcy or 2 repo's. i knew i had a dead deal right then and there without having to run the credit.

Tom
03-12-2016, 07:40 PM
That's your opinion of course. I don't expect a president to be perfect.

Boy, you must be ecstatic the last 7 years! :lol:

EMD4ME
03-12-2016, 07:44 PM
when i was in the the car leasing business and i was taking a credit application, i used to ask the customer have you had more than 2 bankruptcies? and did you have more than 3 repo's? i would get a truthful answer, the guy would say hell no, i have only had 1 bankruptcy or 2 repo's. i knew i had a dead deal right then and there without having to run the credit.
Very intelligent.


It's all how ones words something.... :ThmbUp:

tucker6
03-12-2016, 08:13 PM
Boy, you must be ecstatic the last 7 years! :lol:
Exactly, and yet the lefties on here rail against Trump. No room to talk.