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Donald Trump for President Thread
- Thread starter longers
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Just caught the end of the debate. I'd be surprised if Trump's momentum isn't halted by further debated as he's out of his zone in live debates against some canny politicians.
Of course it's Republican America so anything can happen of course.
Of course it's Republican America so anything can happen of course.
In fairness though the Republican debates will piss over all the Democratic ones.
There's some strong characters in the Republican debate. Dr Carson is the candidate I like best.
There's some strong characters in the Republican debate. Dr Carson is the candidate I like best.
Fuleco
Player Valuation: £35m
Trump is an embarrassment but his supporters don't seem to care.
sportbillyblue
Player Valuation: £8m
I wonder why that is.
He's obviously an astute businessman, he must be very familiar with the media, public appearances / speaking etc. and hadn't made a complete muff of himself until he started running as a Republican candidate.
and he's still a front runner, my pick is he'll go with Jeb for VP
not likely; but on the royal front dozens of Victoria relatives got 'jobs' in other counties
TheFinnFan
Finners
He's brilliant
Have a feeling that Rubio will be the nominee
SpurtingLesbian
Ken Dodd Nagasaki
The Equaliser
Player Valuation: £50m
Hilary will pipe them all down.
In 1991, Trump's Taj Mahal located in Atlantic City was in debt for billions of dollars. As a result, Trump's corporation filed for Chapter 11 bankruptcy. The Bankruptcy court allowed Trump to reorganize his corporate debts and allowed the casino to keep operating. Trump did surrender half of his ownership interests in the Taj Mahal. He chose to sell his yacht and airplane to help make loan payments.
In 1992, Trump filed for Chapter 11 bankruptcy on his Trump Plaza Hotel in Atlantic City. At this time, Trump owed $550 million on the Trump Plaza Hotel. As part of the restructuring, Trump gave Citibank a 49% interest in the hotel. He was given a lenient repayment plan. Trump was able to stay on as CEO but he had to give up his salary.
Trump Hotels and Casino Resorts filed for bankruptcy in 2004. The corporation had $1.8 billion dollars of debt. Trump reduced his share in the company to 25% thereby surrendering his control of the corporation. The corporation received lower interest rates and another loan to upgrade the properties.
In 2009, Trump Entertainment Resorts filed bankruptcy after missing a large bond interest payment. Trump was not able to agree with his board of directors on a repayment plan so he resigned as chairman of the board and retained only a 10% ownership interest in the corporation.
http://thelawdictionary.org/article/how-is-donald-trump-able-to-file-for-bankruptcy-so-many-times/
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