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From: Paul S Person <psperson@old.netcom.invalid>
Newsgroups: rec.arts.sf.written
Subject: Re: OT Politics Re: Three Body Problem
Date: Thu, 22 Aug 2024 09:27:27 -0700
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On Thu, 22 Aug 2024 17:11:43 +1200, Titus G <noone@nowhere.com> wrote:

>On 22/08/24 09:33, William Hyde wrote:
>> Cryptoengineer wrote:
>>> On 8/20/2024 4:30 PM, Bobbie Sellers wrote:
>snip
>>>> He was only a successful businessman on a TV show. Apparently the
>>>> only law he fully understood was the Tax law and the way he could
>>>> use Bankruptcy to escape from paying his debts.
>>>=20
>>> We're talking about a man who went bankrupt *running a casino*.
>
>I don't know, but I didn't think he had been bankrupt personally but
>that companies of his have. I think that he will have profited from
>ownership and bankruptcy of these companies making him a very successful
>businessman.
>> Worse, he was warned.
>>=20
>> An analyst for a bank that was thinking of lending money to build
>> this casino concluded that it would not attract enough money to pay
>> its debt load.
>>=20
>> When Trump heard of this, he pressured the bank to fire the analyst.
>> He was fired, the bank made the loan, and lost money.
>
>I think Trump would have made money personally or directed money to
>repay favours/create obligations.
>It all sounds like pot boiler fiction but he gets away with it. In one
>court case, Trump's legal representatives claimed that the European bank
>seeking repayment of millions were at fault for failing to take into
>account Trump's reputation for loan defaulting before approving loans to
>his companies.
>
>> Banks can be quite stupid sometimes, snip
>
>Trump deals in such large sums that I would suspect corruption before
>stupidity of bank employees or directors.

If he made a practice of losing money on casinos, I'm surprised the
Mob didn't take him out years ago.

Maybe that RICO case in Georgia (if it ever gets going) has some
justification for the "RICO".
--=20
"Here lies the Tuscan poet Aretino,
Who evil spoke of everyone but God,
Giving as his excuse, 'I never knew him.'"