re: #137 I Stand With Planned Parenthood

I really have difficulty understand why he is thought of as a great business man. It’s my understanding that great business men don’t declare bankruptcy.

Maybe that is one of those things I”m too old to understand in our Brave New World …

Trump succeeded in using bankruptcy as a tool to reduce the payments he made to creditors - taking bad business deals and making them favorable ones. His creditors would suggest otherwise.

I agree that a good businessman would avoid bankruptcy in the first place. That said, a saavy businessman would also use bankruptcy reorganization to improve the bottom line as necessary to restore a company to solvency if their assets/liabilities were out of whack. Shepherding a business through that kind of reorganization can also be a sign of a good businessman, especially if the company comes out stronger.

Trump’s repeat trips to bankruptcy court suggests otherwise.