Car Audio Forumz - The #1 Car Audio Forum - Trump loses majority stake under company's Chapter 11 plan

Car Audio Forumz - The #1 Car Audio Forum (https://www.caraudioforumz.com/)

- Off-topic Chat (https://www.caraudioforumz.com/off-topic-chat-20/)

- - Trump loses majority stake under company's Chapter 11 plan (https://www.caraudioforumz.com/off-topic-chat-20/trump-loses-majority-stake-under-companys-chapter-11-plan-10896/)

I know this is a day old - but Donald Trump amazes me..

1980 - New York’s hottest developers
1990 - Flat broke over divorce of Ivana
1997 - Return to billionaire status
Present - Loosing money once again facing down the barrel of chapter 11..

it can be seen here
http://www.msnbc.msn.com/id/5659043/

Err.. you'll notice that it's not Donald that is going bankrupt.

It's just the Casino part of his empire, which he says is less than 2% of his net worth.

In fact... this is from the article.

Quote:

“There’s no danger of him personally losing his fortune (because) his other enterprises are shielded because he’s segregated his holdings,” Sabino said. “He’s a master at deploying his assets in such a way that he s the risk and minimizes his exposure.”

Still interesting though. [img]graemlins/thumb.gif[/img]