NO, this man is a lie, a loose and a cheap and many people are going to lose their job
when he once again file bankruptcy.
Well, he certainly funneled campaign money to his businesses.
Donald R. Lassman has written: 'Bankruptcy basics'
During his business career, Donald Trump's casinos filed for bankruptcy multiple times. In these bankruptcy filings, creditors were paid a portion of what they were owed, but not the full amount. These payment distributions were part of the restructuring processes within bankruptcy proceedings. It is worth noting that Trump has stated in some interviews that he personally renegotiated deals and made arrangements with creditors to pay them back.
This is not 100% true. Whoever answered "Donald Trump" obviously doesn't study wealthy people, money or anything dealing with wealth building or investing. Mr. Trump never filed any type of bankruptcy. His Casino, "Taj Mahal" went bankrupt, but he himself never filed for any type of bankruptcy. He owed banks and lenders billions, but they realized that the only way to get their money back is to KEEP DONALD FROM BANKRUPTCY. So rather than foreclose on his properties, the banks/lenders devised a plan to keep giving him more money. Sounds like a bad move but they had to keep Donald in business, thus he would be able to pay them back. So, Donald never declared bankruptcy, despite the fact he owed billions to the bank. Banks and lenders had to keep him in business to get back those billions he owed so they gave him more money. Donald Trump
business
4 billion
business
apparently 4, but this is up for debate
he earns money by his many businesses
False
DONALD BALL has written: 'INTERNATIONAL BUSINESS'
Donald Kalff has written: 'An Unamerican Business' -- subject(s): Business enterprises, Industrial management