re: #93 Pie-onist Overlord

Or how about all the corporations that declare bankruptcy, and then become profitable by chopping wages/benefits/unprofitable divisions, reorganizations, etc.

Airlines. Many have been in bankruptcy at least once. GM and Chrysler both emerged from bankruptcy. Twitter and Facebook lost crazy amounts of money getting off the ground. Twitter is still hemmoraging money, but Facebook has finally turned around.

Amazon loses money. It still doesn’t generate a profit.

Then, there’s Donald Trump, whose businesses (including casinos) have been in bankruptcy not once, but four times.