Donald Trump is bankrupt Trump Enterprises and Trump Entertainment Resorts If by February 11th the company cannot come up with a plan to pull themselves out of debt their next step is most likely to file a Chapter 11 bankruptcy. This will be the third time Trump Entertainment Resorts has needed to claim bankruptcy protection.
Even if the company goes bankrupt, Donald Trump will remain a very rich man - it is not a personal bankruptcy.
Chapter 11 bankruptcy is more of a protection than actual bankruptcy it gives the company valuable time to try and re-finance and if it can it can then exit Chapter 11 and carry on as usual but if it cannot then it goes into full bankruptcy that is how i understand it.I could be wrong though as i dont live in the US.
I wonder, if he had enrolled himself in the Apprentice as a contestant, would he have even managed to qualify....let alone winning it? Regards, RightMan
A person like Donald Trump has so many businesses. If one the them get failed, it will not be a problem for him.
I'm sure that casino don't effect much on his current business. More over maybe this casino got a management problem I'm sure he will told the manager " You're Fired"
Trump had face this type of problem before and with his business mind, I'm sure he know how to solve it. - Dynashox -
I wold like to add that I hate Donal Trump.... Think he is a self centered, ego maniac that for some reason likes to call everything he owns TRUMP.....
i have read one of his books....thing big and kick ass i could say that he is one of the few that after a bankrupcy stand up and became billionare again most of them just suicide.....
Ah it's just like him losing a burger to a wild pack of seagulls! I'm sure he'll be able to recover the company, I always personally had next to no respect for people like that, people that use their power like, Richard Branson I have more respect for. NASA won't take people to space so he will! HELLLLLL YEAHAHHAHAHAHA BABAY! Will Smith from that infamous spacetakeoff in ID4 here I come!
If I lived in the USA I would make it my personal mission not to buy any products that are tied to Trump....
Donald Trump isn't faing bankruptcy but rather Trump Entertainment Resorts Inc. http://www.bloomberg.com/apps/news?pid=20601103&sid=akkzsjUlFmuU&refer=us