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2024-08-19 12:39:49

Chris ABRAHAM on Nostr: For the uninformed and low information people: > "Donald Trump's bankruptcies were ...

For the uninformed and low information people:
> "Donald Trump's bankruptcies were corporate, not personal. Over the years, several of Trump's businesses, particularly those in the casino and hotel industries, filed for Chapter 11 bankruptcy. This type of bankruptcy allows a company to reorganize its debts while continuing to operate. Trump himself did not file for personal bankruptcy and was able to use the corporate bankruptcies as a strategic tool to restructure the debts."
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