Douglas Brinkley Calls For NBC To Dump Trump
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On November 2, 1992, the Trump Plaza Hotel was forced to file a prepackaged Chapter 11 bankruptcy protection plan after being unable to make its debt payments.
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@jdnoesis Banks and bond holders had lost hundreds of millions of dollars, but opted to restructure his debt to avoid the risk of losing more money in court. The Taj Mahal re-emerged from bankruptcy on October 5, 1991, with Trump ceding 50% ownership in the casino to the original bondholders in exchange for lowered interest rates on the debt and more time to pay it off.
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@TheOkay812 he has no room to talk! what has he done! no one ever even heard of him until he started rattling off at the mouth a few months ago, donald trump can at least hold a budget without putting us trillions!!! in dept. tell me any one else that tried to step up & do that..... repeatedly! NO ONE!... listen to some hot tempered fly by night or a guy that may be on tv but has a brain!!!!!!
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Dump Trump Dump Trump!!!!
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The media is in it for the money as opposed to spread the truth. What good is it for me to know that they are loonies who think the earth is flat or Obama hasn't written his books. What about foreign policy, monetary, health policy. Has Trump been called up on that? They let him spread his propaganda withouth ever challenging him. It's good to say you'll lower the price of oil, but tell us how! Raising your voice and poiting your fingers saying u're fired isn't gonna work, i tell you .
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I agree with this man but media is also a huge culprit. They have been enabling Trump the Carnival Barker with unprecedented air time, same way they created teaparty and spread the Koch brothers distorted messages against HCR. What a big disgrace.
TheOkay812 10 months ago 8
@kaykay3421 lol, you are an ignorant fool; By 1989, the effects of the recession left Trump unable to meet loan payments. Trump financed the construction of his third casino, the $1 billion Taj Mahal, primarily with high-interest junk bonds. Although he shored up his businesses with additional loans and postponed interest payments, by 1991 increasing debt brought Trump to business bankruptcy and the brink of personal bankruptcy.
jdnoesis 3 months ago