Trump Biden

King midASS.

So that's why he has been bankrupt 6 times, has had failed marriages, and numerous failures of production lines. Roger that.

Oh I understand how it works. I also dont think it should be a viable business plan...unlike some.

Dude owns hundreds of business's. If it was a business plan, he'd be doing it more often.

There is a reason an organization can only do it every 7 years. He would do it annually if he could.

Bankruptcy laws are made to allow someone to pay their debts. During the time a business is in chapter 11, they're obligated to make payment arrangements with their creditors. It's not a business model - it's a stranglehold on any business because they can't use any profits without notifying the creditors. They must obtain permission from the courts to use any profits - because they're supposed to be paid to creditors.

I've seen it happen up close, the business barely survived and I thought the owner was going to stroke out he was so stressed.

The owner you witnessed was probably trying to stay in the same business, unlike trumps failures. He just "reorganizes" and starts branding another shit product thinking his name will be enough.

I am guessing your buddy probably didnt have the "CASH" connections donny did neither? By comparing the stress levels of your friend, and that of what is perceived as Trumps stress levels, is rather wierd.

Your buddies stress was a real thing, because it was serious to him. Trumps doesnt stress about debt and paying debt, he has a business model for that

His businesses were reorganized and are operating to this day. I think he sold one after coming out of chapter 11. You should do some research on these topics before you speak on them.

Your assumptions are hilarious!
Let's put it real simple:

It take 5 years to reorganize, and if you complete that, you cannot do it again for another 2 years!

Is there really anything more to it than that?

The records are public. Research and learn. You should stop listening to the people feeding your ignorance.

Once again, no value in your assumptions. Get back to the topic, we dont care of your opinions of my knowledge of bankruptcy. Besides, anything more than my description is useless, unless you are considering.

I will not assume you understand that reorganize means nothing more than pay back declared debtors.

Who runs a casino into the ground? Holy cow, you have to really be inept to destroy a casino.

At least he has a brain. Might be a narcissist one, but a smart one.