You have to be a special kind of financial genius to bankrupt a casino. And he’s certainly special.
Specialist_Lock8590 on
He did it four times!
tw_72 on
To be fair – the casinos were a success to trump.
He **didn’t** open casinos for them to become functioning, profitable operations. He opened them so he could bleed them dry, saddle them with debt, and then claim bankruptcy to release him from that debt. He walked away with the cash.
BTW – that is ***exactly*** how Private Equity Firms work (see: Joann Fabric and Crafts)
Monique_Watermelon on
So sad.
LittleStevieBrule26 on
Carl might’ve had to see his mom eaten by a zombie but a least in their world the apocalypse happened before Trump ever became president
5 Comments
You have to be a special kind of financial genius to bankrupt a casino. And he’s certainly special.
He did it four times!
To be fair – the casinos were a success to trump.
He **didn’t** open casinos for them to become functioning, profitable operations. He opened them so he could bleed them dry, saddle them with debt, and then claim bankruptcy to release him from that debt. He walked away with the cash.
BTW – that is ***exactly*** how Private Equity Firms work (see: Joann Fabric and Crafts)
So sad.
Carl might’ve had to see his mom eaten by a zombie but a least in their world the apocalypse happened before Trump ever became president