Wednesday, August 11, 2004

What about the rest of Trumps money

I don't really know about bankrupcy but this article Trump casinos on the rocks raises a few questions for me. Trump claims that the casinos were only 2% of his net worth. That would mean that he should have enough to cover the expenses of the casinos. How can you say "I can't pay this debt" and wash your hands of the problem when you still have all this other money. I know if I had a debt on my credit card and I had the money, I would still be responsible for that debt. I wonder how many people are effected by this bankrupcy and just so Mr. Trump can doesn't have to settle the debt and stay rich. Like I said I don't understand the process.

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