berg80
Diamond Member
- Oct 28, 2017
- 15,266
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- #61
This thread is a 2024 candidate for most dishonest Dem thread of the year. IGNORES all the other casino's that went bust in Atlantic city. The impact of vampire sucking NJ taxes. The impact of large native American casino's that were built closer to people's homes killing the Atlantic city casino business. There are blocks of former casino properties now bulldozed flat in Atlantic city.
LYING Dems gonna LIE.
As its stock collapsed, Trump’s firm gave him huge bonuses and paid for his jet
It was promoted as the chance of a lifetime: Mom-and-pop investors could buy shares in celebrity businessman Donald Trump’s first public company, Trump Hotels and Casino Resorts.
Their investments were quickly depleted. The company known by Trump’s initials, DJT, crumbled into a penny stock and filed for bankruptcy after less than a decade, costing shareholders millions of dollars, even as other casino companies soared.
In its short life, Trump the company greatly enriched Trump the businessman, paying to have his personal jet piloted and buying heaps of Trump-brand merchandise. Despite losing money every year under Trump’s leadership, the company paid Trump handsomely, including a $5 million bonus in the year the company’s stock plummeted 70 percent.