The Chip Board
Custom Search
   


The Chip Board Archive 18

Re: Time to buy Trump stock ?
In Response To: Re: Time to buy Trump stock ? ()

"You're right, Trump doesn't understand the gaming industry, he's a real estate guy."

What's there to understand? Trump has very little of his own money at risk. He uses "investor's money". Trump's casinos have outstanding debt on their very high interest rate bank loans. When they declare bankruptcy as Trump as done several times now... the lenders don't want Trump's property as they have no idea how to run it ... so they reduce Trump's debt load in order to keep him in business by lowering the interest rate to Trump.

Sounds like a pretty smart operator to me.

Messages In This Thread

SPORTS BETTING IN A.C. ???
Just another reason
Time to buy Trump stock ?
I wouldn't go that far ... but ...
Re: Time to buy Trump stock ?
Re: Time to buy Trump stock ?
Re: Time to buy Trump stock ?
Re: Time to buy Trump stock ?

Copyright 2022 David Spragg