In my best selling Book, ¨The Angry Black Man´s Guide to Success¨, I gave the example of Donald Trump and how he bankrupted Eastern Airlines in 18 months flat. I used the example to show that failure is short term but success is long term. This also shows that you must never let others define you or your business. Well, he has done it again.
My sources in the gaming industry have revealed that Donald Trump and his daughter Ivanka Trump have resigned from Trump Entertainment Resorts, Inc. so that their names would not appear on the fourth bankruptcy filing since the 1990´s. This bankruptcy is in the 1.25 billion dollar range. Other previous bankruptcies were 2004 and 2007.
Do not feel sorry for the Donald. See, he and Bernie Madoff are cut from the same cloth and know how to live very well even when millions of dollars in debt.
This does not mean that Casinos are bad business, just that Trump is a horrible casino operator but one great borrower. I bet he has an excellent credit score from Trans Union, Experian and Equifax regardless of the five plus corporate bankruptcies.
Foxwoods and The Hard Rock Casinos are expanding because their casinos are about the players while Trumps Casinos are shrines to Trump.
The King expects the Casino sector to expand overall by five to ten percent during the worldwide recession amoung well managed properties. Get in the Game.
KING GEORGE
My sources in the gaming industry have revealed that Donald Trump and his daughter Ivanka Trump have resigned from Trump Entertainment Resorts, Inc. so that their names would not appear on the fourth bankruptcy filing since the 1990´s. This bankruptcy is in the 1.25 billion dollar range. Other previous bankruptcies were 2004 and 2007.
Do not feel sorry for the Donald. See, he and Bernie Madoff are cut from the same cloth and know how to live very well even when millions of dollars in debt.
This does not mean that Casinos are bad business, just that Trump is a horrible casino operator but one great borrower. I bet he has an excellent credit score from Trans Union, Experian and Equifax regardless of the five plus corporate bankruptcies.
Foxwoods and The Hard Rock Casinos are expanding because their casinos are about the players while Trumps Casinos are shrines to Trump.
The King expects the Casino sector to expand overall by five to ten percent during the worldwide recession amoung well managed properties. Get in the Game.
KING GEORGE
13 comments:
King George
Just for grins and giggles, I looked in the Manhattan District to see about lawsuits for the Donald. Over 100 and I stopped counting.
What about the bankrupt Trump Tower in Tampa.
What about the bankrupt Trump Tower in Tampa.
I was never paid the last two draws on my work on the Trump Tower in Sunny Isles Beach Florida. What a theif Trump is
Trumps Projects in Vegas are a bust. I guess he will hide behind his lawyers on that one too.
George
He also stopped work on a huge project in Panama. Trump must be busted. He is not welcomed here
Donald Trump has over 130 lawsuits in New Jersey alone. Stall stall stall is the legal tactic. Do not do business with this guy.
You got paid on a Trump project. You are one lucky guy. The unpaid invoices from Trump could wallpaper the Crysler Building
First timer. Now that you mention it King George, Trump amd Madoff are both major A**holes that stiff a ton of People and look down their noses at everyone that cannot steal and loot up the ladder of gross consumption. Lavish lifestyles built on lies and theft
Trump is a first class loser with his large debt load. I hope Rosie kics his A** all over Manhattan
King George
Donald Trump has gone into hiding along with all of the other scam artist like Stanford. He refuses to ansear question for CNBC or CNN about all of his lawsuits and bankruptcies. There is talk of forcing him to sell Trump Plaza. The mighty just keep falling. Maybe the meek are about to inherit the earth.
Wow. I just found you on facebook and spent two days reading this blog, comments and all. My head is full of new information. Now I can leave my laptop and hold an intelligent conversation. Add me as a Duke please.
George
That was a horrible thing to blog my friend. This means war
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