Donald Trump's casino group is expected to file for bankruptcy, the Wall Street Journal said, less than two weeks before the new Celebrity Apprentice starts. This is among Trump's most embarrassing failures.
And that's saying a lot.
Trump is no stranger to bankruptcy. Tuesday's expected Chapter 11 filing will be the third time the casino group — just that one Trump division, among several — has gone bankrupt. But this time is especially humiliating because this is the same company that went bankrupt in November 2004, in the midst of the fourth season of The Apprentice, the reality show in which Trump "fires" people who don't meet his business standards of constant failure and mammoth debt accumulation.
Gawker.com
After the last bankruptcy, people were talking about his two bankruptcy's, and some of his defenders were quick to say that he didn't file bankruptcy twice, but just one of his company's. Well now it's a third time, and frankly it doesn't matter that it's one of his businesses. He still owns the business and it's him that makes the decisions. Therefore, it is him that has filed bankruptcy. Perhaps, he should sell Trump Entertainment and focus on the businesses that he purportedly is not losing money on.
No matter, his financial situation, I would still like to meet him, when I am in New York, and hopefully get some advice from one of America's most notable billionaires. Perhaps advice, I can write up as a post on this blog.
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go ahead share your thoughts with me now.
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