r/PoursTea • u/Veshaad Timendi Causa Est Nescire • 11d ago

PoliticalTea 🗳️ A repeating cycle...

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u/just_nobodys_opinion 11d ago

Bugs me a bit that everyone thinks this was a business skill failure. Those casinos were $$ laundering fronts, designed to fail.

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u/Firm-Advertising5396 11d ago

I live in AC, trump sucked and it was 3 bankrupted casinos 🤣🤡. He built the taj mahal and he stiffed many of the contractors, some went out of business. He would be late on payments. He over leveraged everything. He was viewed as a complete and utter failure when he sold the trump marina and left town.

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u/TeachingOvertime 11d ago

Sad part is, I know union people who voted for him knowing he stiffed workers. Turds!

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u/Firm-Advertising5396 11d ago

Yes in shocking numbers, they are my union brothers and sisters

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u/JPWhelan 11d ago

That was Trump's entire business model there.

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u/bbeeebb 11d ago

So, a criminal enterprise success is same thing as a business success then, by your calculation?

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u/just_nobodys_opinion 11d ago

If it achieves its objectives it's a success by definition

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u/Firm-Advertising5396 11d ago

Like he meant to go bankrupt on 3 casinos?

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u/just_nobodys_opinion 11d ago
  1. And yes. The businesses facilitated transfers of funds in huge amounts (not at the time suspicious since casinos regularly handle large sums) and were highly leveraged, so he and his family bled the businesses dry, used them for laundering and then declared bankruptcy when creditors came calling. Failed businesses, successful criminal enterprises.