Yeah. I was OK with them explaining how bankruptcies work, but then when they got to the actual events, they’re like “300 million in loansa they couldn’t pay back” but that might not be his fault. Like what?
It doesn’t happen that often but it does happen.
Poor management, taking on excessive debt, and poor location (cough Tunica cough) are usually contributing factors.
https://www.snopes.com/news/2016/08/01/donald-trumps-bankruptcies/
Wow, this reads like a fluff piece.
Serious question: how often do other casinos declare bankruptcy?
Yeah. I was OK with them explaining how bankruptcies work, but then when they got to the actual events, they’re like “300 million in loansa they couldn’t pay back” but that might not be his fault. Like what?
It doesn’t happen that often but it does happen. Poor management, taking on excessive debt, and poor location (cough Tunica cough) are usually contributing factors.