Tuesday, February 17, 2009

The Donald Goes Bankrupt Again

Ahhh, who cares? It's only one per cent of his net worth anyway. The guy's got more lives than a cat. Any chance all the properties keep the Trump name?




Photobucket

2 comments:

Reid said...

My understanding is that the majority of properties carrying the Trump name actually have very little Trump ownership. Other investors own the majority and in exchange for a small piece of the action the buildings get Trump's name on it. Bankrupt or not the Trump name still carries some cache.

roblaw said...

I think his 5 minutes were over long ago - anyone could be wealthy if they were handed Manhattan real estate during boomtimes.. has he ever actually succeeded in a new endeavor?

I have more respect for the two-man mechanic shop who manages to keep above water in our current economy than some arrogant prima donna like Trump.