and so have many more been in this predicament.

Its relatively simple. The bankers (or new bankers) take a shareholding equivalent in market value to the debt.

The Donald, whose original shares cost zero, loses nothing.

If I was in a position where I could afford to 'put in $400m of my personal wealth' I dont think Id be too bothered if one of my businesses was in trouble

I bet Archie would settle for the interest he earns on his checking account