What is Digg?81 Comments
- mreade, on 12/01/2008, -1/+61If you owe the bank $1,000, it's your problem.
If you owe the bank $1,000,000, it's the banks problem. - inactive, on 11/30/2008, -10/+48Donald Trump has very little money. He is a brand! No better then Paris Hilton. He is a money grubbing whore and she is just a whore.
- sjbdallas, on 12/01/2008, -0/+30"skip a $53.1 million interest payment"??? We can do that?
- Ghoztt, on 11/30/2008, -1/+29When I get $100 past due on my credit card, I get calls every single day - with the company telling me they need the payment or else they will go to collections and ruin my credit.
Must be nice to be one of the Kings of our world. - B5tKUnT1, on 12/01/2008, -0/+23And when you owe the bank 10,000,000,000, it's the government problem!
- torgarman, on 12/01/2008, -0/+20You're fired!
- linagee, on 12/01/2008, -0/+19Everything is negotiable. You missed that lesson in school?
- idavidtang, on 12/01/2008, -0/+16Trump's second bankruptcy in 5.. 4.. 3.. 2..
- kansai22, on 12/01/2008, -1/+16Trump also owes Deutsche Bank a little over 1 billion dollars for the financing of Trump Chicago. They recently filed suit against him. Trump tried to head them off by filing suit before they did so that he would not look so bad.
What people don't understand about Trump is that he is just a brand. The building in Chicago is actually the first that his company has built alone. Typically trump sells his name to other developers that construct or renovate a building and use the trump name.
Trump has made the bulk of his money from real estate seminars and books that he sells to unsuspecting people trying to get rich quickly. This man is all about image with little substance. - sockpuppets, on 12/01/2008, -0/+14This is why I only use other people's credit cards.
- paulmer2003, on 12/01/2008, -4/+16You're a troll. Paris Hilton is a socialite who has never really done anything.
Donald Trump, on the other hand, is a businessman who has earnt billions (or millions?). Indeed, he didn't build his company up from the ground, but he certainly isn't "just a brand" with "very little money" and no better than Paris Hilton. Go read about him.
http://en.wikipedia.org/wiki/Donald_Trump#Early_su ... - inactive, on 12/01/2008, -0/+11And when you owe 100,000,000,000,000, its my problem
-Steven Seagal - Barackalypse, on 12/01/2008, -2/+13Sure, the worst that can eventually happen is foreclosure and eviction, but if enough of your friends do it too the Government will bail you out!
- MCA2142, on 12/01/2008, -0/+10But he's our whore.
- mgsdeadcell, on 12/01/2008, -1/+10He's an ***** anyway. I'm glad he's "missing" payments.
- cnot3, on 12/01/2008, -9/+18Hey, those haircuts are expensive. Also, ***** huffington post.
- benologist, on 12/01/2008, -2/+11Blog spam. Huffington's useless pissants didn't even bother contributing to the story they literally just cut & pasted the first two paragraphs of it.
http://www.marketwatch.com/news/story/Trump-Entert ... - Desmothenes, on 12/01/2008, -0/+8Trump has bankrupted more companies than his wife has had boob jobs.
- Barackalypse, on 12/01/2008, -2/+10According to Forbes he's worth roughly $3.0 billion:
http://www.forbes.com/lists/2008/10/billionaires08 ...
Here's a slightly more detailed breakdown from 2006 of what he all has, note that any single item on this list makes him rich:
http://www.forbes.com/2006/09/20/trump-wealth-biz_ ... - inactive, on 12/01/2008, -0/+7Trump likes to point out that his casino holdings are a very small percentage of his own total portfolio.
What he doesn't point out is that they they became a small percentage of his portfolio since their value plummeted over the last decade.
His NJ properties are dirty and the food is awful. The one saving grace is it's about the only place on the east coast where you can go and see MMA fights. - almondfilter3, on 12/01/2008, -1/+8He's an irrelevant old douche. Kept alive in media by hacky comedians and stupid mid western housewives who think he still is relevant. Enough of him.
- LastDitchHero, on 12/01/2008, -0/+7Trump and his companies are very leverage heavy so how is this surprising?
- inactive, on 12/01/2008, -0/+7Trump Hotels and Casinos have been in perpetual bankruptcy since the 80's. He builds a hotel, declares bankruptcy and keeps the hotel for free.
- inactive, on 11/30/2008, -3/+9Remember, when we don't make money, neither does he.
- wowsah156, on 12/01/2008, -0/+5It must be the Curse of the Aberdeen golf course starting to take effect....
- yunus, on 12/01/2008, -0/+5Corporation: "An ingenious device for obtaining profit without individual responsibility.”
-Ambrose Bierce - Plasmodia, on 12/01/2008, -0/+5His haircuts are developed at the aerodynamics division at NASA.
- BossKey, on 12/01/2008, -0/+5>a lot of wealthy people are giong to be broke if they stay in the U.S. with their money
That sound you hear is a teeny tiny violin...
where are they going to go, Europe? At Scandanavian or UK tax rates? Ha...it will still take them longer to go broke in the US, and it still will take a hell of a lot longer for them to go broke than for the rest of us. You right-wingers need to stop letting yourselves be motivated by irrational, disproportionate levels of fear and paranoia, it leads to bad decisions, if the last eight years taught you anything already. Oh wait... it didnt? - noheadhorseman, on 12/01/2008, -0/+4well all i know is this i WILL MOVE TO RUSSIA if donald trump gets a bailout package!- my tax dollars have better uses than spending them on people who couldn't use the money they already had effectively. btw this is like the fourth time trump has been in or close to bankruptcy (if it gets there).
STOP LENDING TO HIM (he just spends it on hair products and mirrors anyway) - liquisoft, on 12/01/2008, -0/+4I need to start a business that makes billions of dollars a year so when I inevitably ***** up I can get the government to bail me out.
- ansatsu29, on 12/01/2008, -1/+4Well, Donald Trump should realize that money is not the basis of wealth nowadays. He maybe living in luxury but all those so-called luxury are just taken from credits.
- stack3r, on 12/01/2008, -1/+4Dugg down for posting a copied comment that has no analysis or extra information.
- r0g3r, on 12/01/2008, -0/+3It would be more like a third coming. He's already come back from worse than this in the past.
- holeepenguinpee, on 12/01/2008, -0/+3Holy *****, talk about blatant plagiarism. One or two sentences with quotations - sure.. But multiple paragraphs? Classy
- magamiako, on 12/01/2008, -0/+2I find it interesting that boo here is posting about how the "lower class" and "poor people" have "ruined the economy" when the article is talking about how a billionaire mismanaged his money and is now failing his own payments.
How the hell do you make that jump?
Want to know the kind of economy bailout we need? Take that few hundred billions of dollars that we spent on these large companies, and pay off every student loan of every college person in the US. You would see a huge change in the economy and the amount of spendable money people have if you shave a few hundred dollars off of their bills every month.
The people on the bottom aren't living irresponsibly. And the people in the lower middle class are just trying to keep up with living. It takes at least 2 people working $50K+ jobs to even be able to consider "keeping up with the joneses" in my state. (FYI, I live in Maryland, and not in Howard nor Montgomery County). These make people rely on loans to get "ahead" in life, though you're really not getting ahead when you're in all of that debt.
We just need to rethink what we charge for and how we charge for it. - waydee, on 12/01/2008, -0/+2Hopefully he hasn't got the funds to go ahead with his planned rape of a local beauty spot near me.
- stack3r, on 12/01/2008, -0/+2hey boo:
bawwwwwwwwwwwwwwwwwwwwwwww - imautobot, on 12/01/2008, -0/+2In a Just world, that man will die homeless, pennyless, and alone.
- harris2004, on 12/01/2008, -0/+2This story of Economic Meltdown is making me laugh, He claimed to be the one with plans and teaching others about finances. How Ironic.
- OwdenBowden, on 12/01/2008, -0/+2The fact is that he could blow off this payment and the next and nothing would happen. The financial backers know that if he goes under they lose everything.
- inactive, on 12/01/2008, -0/+2ok dear :)
- UIS4821, on 12/01/2008, -0/+2Even Trump knows you need more than one product to stay viable. He needs a new reality show!
- donsnyc, on 12/01/2008, -0/+2This is nothing new. The Donald has been in the red for many years now.
- tedfor, on 12/01/2008, -1/+3Sorry but Donald Trump is doing just fine, he is still a billionaire. It's only Trump Entertainment that is going bankrupt, which was less than 5% of his net worth according to that Forbes link. He has no personal liability if that company goes bankrupt. He could certainly afford to loan his company the money to pay their debts, but he's too smart to throw good money after bad. He will just let the stockholders go bankrupt and then if he wants pick up the pieces at pennies on the dollar.
- inactive, on 12/11/2008, -0/+1Trump is not a billionaire:
http://dealflow.typepad.com/my_weblog/2008/11/is-i ... - inactive, on 12/01/2008, -0/+1all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
http://en.wikipedia.org/wiki/United_States_Declara ... - jbmcb, on 12/01/2008, -0/+1No it won't.
- djmphoto, on 12/01/2008, -0/+1Was waiting for someone to say that.
- frygar, on 12/01/2008, -0/+1Dubai, where there's no extradition laws.Also, I love how the poor are getting blamed for this, yet it's the multi-billionaire banks who are the ones getting bailed out. Class warfare at its finest.
- frygar, on 12/01/2008, -0/+1It was the Repubs in power when this happened, *****. Anything that the Democratic *majority* (51-49, was it?) tried to get passed was insta-vetoed by Bush. Place blame where it correctly belongs and quit being such a partisan hack.
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