I know your specialty is cock,but you are aware he filed chapter 11 bankruptcy and with that you end up paying back almost all of your debt still correct?
And if the shareholders had enough ownership to be responsible for a majority of that debt,then that makes them bad at business no?
Though I also disagree with a stimulus as I disagreed with the first. Trump sold us out to bail out the big businesses and fill their pockets as barack did and joe will continue to do.
Depends on how you define almost all of the debt. Filing for Chapter 11 reorganization doesn’t wipe the slate clean for everyone. When a business fails or goes bankrupt, it can leave
employees and contractors stranded without receiving payment.
When the Trump Shuttle faltered in 1990, the company laid off 100 employees. In 1991, when the deal with Northwest failed,
160 union employees found themselves fighting to attain their earned pay and benefits.When the three Trump-owned casinos — Trump Taj Mahal, Trump Marina and Trump Plaza — went belly up in 2004, many
workers lost their retirement savings. The Trump company had pushed employees to accept company stock in lieu of other retirement savings. When the stock crashed in the wake of the bankruptcy,
400 employees lost US$2 million.In addition, Trump and his company have also faced dozens of lawsuits for failing to pay contractors and employees for their work.