re: #147 lawhawk

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.

Well, then, to follow Trump’s model, one would NEED government in order to be a successful businessman.