Trump opened the $1.2 billion Taj Mahal Casino Resort in Atlantic City in April 1990. One year later, in the summer of 1991, it sought Chapter 11 bankruptcy protection because it was unable to generate enough g
"I have used the laws of this country ... the [bankruptcy] chapter laws, to do a great job for my company, for myself, for my employees, for my family," he said during the first Republican presidential debate on August 6. Trump claims that successful businesses file for bankruptcy al...
Robert Reich
Trump has reportedly filed for Chapter 11 bankruptcies, which allowed him to keep his businesses operating while negotiating down some of the debt, and many of the entities which he declared bankruptcy for went on to recover and thrive. Trump defended his bankruptcy maneuvers on "ABC World News ...
Donald Trump is the 45th and 47th U.S. president who was previously a real estate mogul and reality TV star. Read about his education, wife, children, and more.
Donald Trump has never filed for personal bankruptcy. However, businesses of his have filed forChapter 11 bankruptcya total of six times to date. They include two Atlantic City casinos, in 1991 and 1992, and New York City's Plaza Hotel, also in 1992.18 ...
Donald Trump is the 45th and 47th U.S. president who was previously a real estate mogul and reality TV star. Read about his education, wife, children, and more.
The Donald Trump net worth total of $5.18 billion comes mostly from his property holdings, including hotels, casinos and golf resorts.
Under the judge’s ruling Friday, Trump would still be liable to pay even if the Trump Organization declares bankruptcy. If Trump personally declared bankruptcy, the enforcement of the judgment against him would be paused. But political commenters say such a drastic step is unlikely. Despite the...
Donald Trump is the 45th and 47th U.S. president who was previously a real estate mogul and reality TV star. Read about his education, wife, children, and more.