Trump - a savvy businessman?

Gabriel_Bell said:

You are the one that believes in talking snakes and Jesus still waiting for the proper moment to return.

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VikingMaster said:

Talking about Trump as a businessman.

He has lost a lot of money on Bitcoin recently

His own company called "Official Trump" Bitcoin, started trading at 75.35 and closed today at 6.65. That is more than a 90% loss.......... and in Bitcoin itself:

Losses on Trump Media's Bitcoin Holdings

Trump Media & Technology Group's investment in Bitcoin has decreased in value since its acquisition.

• Purchase details: TMTG began acquiring Bitcoin in May 2025 and, as of a September 30, 2025 filing, held 11,542 Bitcoin. Most of this was acquired at an average cost of over $118,500 per coin.
• Current status: With recent Bitcoin prices falling significantly from those acquisition costs (around $102,000 to $92,000 per BTC as of November 2025 reporting), TMTG has likely incurred hundreds of millions of dollars in paper losses on its Bitcoin treasury in Q4 2025 alone.

Losses on the "Official Trump" ($TRUMP) Meme Coin
The "Official Trump" meme coin has experienced a massive drop from its peak value.

• All-time high: The $TRUMP coin reached an all-time high of approximately $75.35 per token in January 2025.
• Current price: As of November 20, 2025, the price has plummeted to approximately $6.65 per token, representing a drop of over 90% from its peak.

We do not know how much he invested in the "Official Trump" bitcoin so we cannot say how much he has lost in his own company, but in Bitcoin, Trump is presently showing a loss of $361 million.

So much for a savvy businessman.

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Stalin said:

written as if frump has ever been a successful business man

Of the many publicly known unsavory elements of Donald Trump's past, his bankruptcies, in particular, have been cited as key reasons to question his economic policies. While Trump has never filed for personal bankruptcy, he has filed for corporate bankruptcy a whopping six times.

Despite the fact that Trump has previously claimed that his past bankruptcies were not his personal responsibility, the reality is a bit different. He told Forbes in 2011, "I've cut debt — by the way, this isn't me personally, it's a company." However, his first bankruptcy in 1991 did leave him personally liable for a portion of the debt attributed to his Taj Mahal casino in Atlantic City. In fact, Trump was found personally liable for around $900 million of the casino's debt due to his using junk bonds with high interest rates to finance the initial construction of the casino. In the restructuring agreement for this first bankruptcy, Trump was forced to sell his 220-foot Trump Princess yacht, an airline he owned, and half of his ownership in the Trump Taj Mahal company.

However, instead of learning this lesson from this initial bankruptcy, Trump went on to declare bankruptcy many more times, taking advantage of loopholes and restructuring policies to avoid debt. Trump also told Forbes, "Basically I've used the laws of the country to my advantage... just as many, many others on top of the business world have." While this may be a true statement in the world of business, as a now-second-term President, it could leave consumers financially worried.

Of Donald Trumps' six bankruptcies, all but one was tied to his casino and hotel properties in Atlantic City, New Jersey. These gambling and hospitality properties, founded under the name Trump Hotels & Casino Resorts in 1995 (and rebranded under the name Trump Entertainment Resorts in 2004 following yet another bankruptcy) faced ongoing financial problems. It's worth mentioning that as of 2016, none of the properties that fell under the umbrella of Trump Entertainment Resorts are open or owned by the company anymore.

Just one year after Trump first declared bankruptcy for his Trump Taj Mahal casino, he declared bankruptcy a second and third time for different properties. The first was Trump Castle, another Atlantic City gambling hall that, ironically, faced major competition from Trumps' Taj Mahal. As part of the bankruptcy agreement, Trump gave up his 50% share in the casino in exchange for lower interest rates on the casino's $338 million in bonds. Also in 1992, Trump filed for bankruptcy on yet another Atlantic City property, the Trump Plaza Hotel and Casino. Trump's fourth bankruptcy was for the Plaza Hotel in Manhattan. After this bankruptcy, Trump technically remained the hotel's CEO, however the reality was that he earned no salary and had no actual operational authority over the hotel.

Trump's fifth and sixth bankruptcies centered yet again on his casino and resort corporation. After the sixth, in 2009, Trump parted ways with Trump Entertainment Resorts, with the company going on to file bankruptcy yet again in 2014 and folding completely in 2016.

Each corporate bankruptcy has required concessions from Donald Trump as part of the restructuring process. Perhaps the most common was that Trump had to give up his own stake in the company as part of its financial restructuring. In his first and second corporate bankruptcies, he gave up 50% of his stake in each company. During his fourth bankruptcy, Trump gave up 49% of his stake in the Plaza Hotel. Finally, during the fifth bankruptcy Trump had to reduce his 47% stake in his casino company to just 27% before reducing it even further (to 10%) during the sixth bankruptcy. However, these concessions allowed for lower interest rates and restructured debt that kept his companies going.

An important thing to keep in mind is how easy it is to conflate personal bankruptcy and corporate bankruptcy when it comes to Trump's specific naming convention. As Michael Viscount, a lawyer with Fox Rothschild LLP (the firm that represented creditors during the Trump Hotel and Casino's 2004 Chapter 11 filing) explained to Forbes, "Corporations, limited partnerships, and LLCs in which he had an ownership interest or companies that had his name attached have filed for bankruptcy. Therein lies the big distinction." Trump's use of his own name within his corporation's names has made it easy for consumers to assume his business bankruptcy filings were personal ones. However, after his first 1991 bankruptcy (in which he was found financially liable), he stopped guaranteeing any future debt with his own wealth. This has kept his personal liability nonexistent on subsequent corporate bankruptcies.

Read More: https://www.moneydigest.com/1773271/times-donald-trump-went-into-bankruptcy-how-he-recovered/

comrade stalin
moscow

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The Sage of Main Street said:

Casino Head-Case

Changing your username from LuckyOne didn't help cure your full-blown TDS

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mark francis said:

I also do other things besides post here.

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mark francis said:

Some medicines have been promoted as cures for the tragedy of TDS suffering.

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The Sage of Main Street said:

If It Advertises Like a Quack, and It Struts Like a Quack, It's a Doc

Since the Pharmafia comprises creatively impaired PhDs and it also hates Trump, those "cures" probably energize TDS patients into becoming full-blown blowhards.

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mark francis said:

Some medicines have been promoted as cures for the tragedy of TDS suffering.

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mark francis said:

Some medicines have been promoted as cures for the tragedy of TDS suffering.

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VikingMaster said:

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The Sage of Main Street said:

Throwing Doubts Spastically

If he's such an incompetent businessman, how come he kept getting bank loans? As usual with TDS talking points, something doesn't add up in your accusations.

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The Sage of Main Street said:

If It Advertises Like a Quack, and It Struts Like a Quack, It's a Doc

Since the Pharmafia comprises creatively impaired PhDs and it also hates Trump, those "cures" probably energize TDS patients into becoming full-blown blowhards.

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mark francis said:

If it quacks like a liberal and roots in the dirt like a leftist then it must be a fake Doc.

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VikingMaster said:

It seems that you are the same blind-by-choice person no matter where you go. In addition,



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and like you mention here, you call exposing facts "Throwing Doubts Spastically". I can see why you do that given that you have no idea of what reality really is. Your fantasy world is all you, meaning that nothing other than you can survive there. The odor there is enough to kill even the most fragrant perfume

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The Sage of Main Street said:

Diploma Dumbos

Ideologies don't matter. Getting a job just because wannabe doctors can go eight years without a job is a non-starter. This birth-class biased, indentured-servitude, mind-rape room education must be replaced with highly paid professional training. It is very relevant to this fraud that "education" and "Il Duce" come from the same Latin word.

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mark francis said:

Are blacks forever to be branded a poor ignorant underclass and whites to be forever branded a privileged upper class?

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Gabriel_Bell said:

That is totally what MAGA is all about: make the poor more poor and the rich more rich. Trump has fired many Black people in leadership jobs. He is and always has been a racist.

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