Trump Bankrupted His Atlantic City Casinos, taking millions

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thoughtbeast
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LoveNotHate
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12 Jun 2016, 11:50 am

Ironic to this article, people like it when you "bust the casino".

Don Johnson the blackjack player is admired for taking 15 million from them in just 4 months.

"Blackjack Player Who Won $15 Million From 3 Casinos Reveals How"
http://abcnews.go.com/Business/blackjac ... d=15971410

Many of the "Ocean" movies are based on busting casinos ...

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gingerpickles
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12 Jun 2016, 12:38 pm

A fact deficient hit piece since, But when has the Times been truly a NEWS paper of good repute? Like the 70s?

unlike articles in Forbes or Business Weekly, it has not taken into account money problems during- the TWO major bank failure period where economy tanked and Casinos would do badly, And it was restructure type bankruptcies not insolvency type. BTW one that also went down in AC was Morgan Stanley... whom we TAXPAYERS were holding bag for in the bailouts. Forget the past-doom to repeat. Also a really harsh tax law was enacted just before teh 2007-2008 meltdown.

His bad business acumen was thinking to invest in a shithole region like that. It will NEVER be what it was before the 60s. But he is one of those local try guys back then. The fact he made out alive at all and no taxpayers had to shoulder it... is a GOOD thing.

http://www.newyorker.com/magazine/2015/ ... antic-city About that era in AC

http://www.salon.com/2016/03/16/new_yor ... r_sanders/
(not that salon is like hi brow..but they have a point)

The Grey Lady is not a lady of good reputation as she was in days of yore.
One of main writers (T* Friedman) that vomits forth often had the logic dysfunction that Hillary is the best liar, only lied about bad judgment. So vote Hilary. Though bad judgement is the reason the same paper says Trump should not be 100 feet of "the button". He says we Americans should dismiss “judgment” as a quality deemed essential for the leader of the United State
8O



As I say often and will make my sig. Intellectual dishonesty? Is still dishonesty


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Mootoo
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11 Aug 2016, 3:49 am

Akin to Philip Green bankrupting BHS and thousands of pensioners just so he could get a third yacht. And people think Trump is a working class hero... heh.