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@cm0002@lemmy.world to Political Memes@lemmy.world • 2 months ago

A CASINO, COORALL!!!

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A CASINO, COORALL!!!

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@cm0002@lemmy.world to Political Memes@lemmy.world • 2 months ago
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  • @disguy_ovahea@lemmy.world
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    50•
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    2 months ago

    FIVE. Five of his six bankruptcies were casinos.

    https://www.politifact.com/factchecks/2016/jun/21/hillary-clinton/yep-donald-trumps-companies-have-declared-bankrupt/

    • @IphtashuFitz@lemmy.world
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      14•2 months ago

      I read that in the voice of The Count.

      • @disguy_ovahea@lemmy.world
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        2 months ago

        5

  • @selkiesidhe@lemm.ee
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    30•2 months ago

    Money laundering. The orange cancer used the casinos to launder Russian funds. You can’t tell me otherwise.

    • FiveMacs
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      20•2 months ago

      Otherwise

      • Midnight Wolf
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        17•2 months ago

        gasps oh no he didn’t

        • @PlasticExistence@lemmy.world
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          8•2 months ago

    • @JcbAzPx@lemmy.world
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      8•2 months ago

      Laundering is meant to hide funds by making your business look more successful than it really is. That just makes the bankruptcies colossally worse.

    • @HappySkullsplitter@lemmy.world
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      7•2 months ago

      I think that was his goal, but then realized it took work ethic and expertise to run a casino as a front and he lacked both

      Real estate ended up being an easier method

    • BlueFootedPetey
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      3•2 months ago

      Wouldnt that have made the casinos more profitable and less likely to fail? Its been awhile since I watched Ozark, but shouldnt the Russians have been paying to have their money laundered?

  • Ignotum
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    27•2 months ago

    Casinos are notorious for loosing money, that’s where we get the saying “the house always looses”

    • Illecors
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      3•2 months ago

      Losing*

      Knot is loose. Game is lost.

  • @perishthethought@lemm.ee
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    6•2 months ago

    https://www.snopes.com/news/2016/08/01/donald-trumps-bankruptcies/

    • @MelodiousFunk@slrpnk.net
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      9•2 months ago

      Wow, this reads like a fluff piece.

      Serious question: how often do other casinos declare bankruptcy?

      • @perishthethought@lemm.ee
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        9•2 months ago

        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?

      • @jubilationtcornpone@sh.itjust.works
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        3•2 months ago

        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.

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