Trump Entertainment files for bankruptcy

The rise and fall and rise and fall of Donald Trump. If nothing else, he’s an interesting character to observe because not many people can have any many lives as Trump. Though it’s certainly possible, I believe such examples are more difficult to find outside of the US at such a level. The arrogance and bluster of Trump is always a spectacle so it won’t surprise me to see him bounce back even stronger in a few years.

Trump Entertainment Resorts, Donald Trump’s casino group, filed for Chapter 11 bankruptcy protection on Tuesday, court documents show.

The casino operator had assets of about $2.1 billion and total debts of about $1.74 billion on Dec. 31, 2008, it said in its filing with the U.S. Bankruptcy Court for the District of New Jersey.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

Share This Post

© 2018 AMERICAblog Media, LLC. All rights reserved. · Entries RSS