Trump On GM

Discussion in 'Trucks and Trailers' started by nosparkplugs, Feb 17, 2009.

  1. nosparkplugs

    nosparkplugs LawnSite Gold Member
    Posts: 3,445

    Donald says GM & Dodge should file Chapter 11, "Bankruptcy is a tool", does not mean failure. Interesting point of view, Trump thinks GM should file chapter 11 breaking contracts with the Bond holders, UAW, and vendors. Take the government tongue lashing's for filing chapter 11:laugh:. Even then the government will still give money to GM, All parties involved would then come back to the table with a clean slate. Almost too simple like that:laugh:
     
  2. AintNoFun

    AintNoFun LawnSite Bronze Member
    Posts: 1,807

    trump is notorious for that, its even one of his books i read.. he uses bankruptcy as way to beat people out of money and pay less...
     
  3. GravelyNut

    GravelyNut LawnSite Bronze Member
    Posts: 1,594

    Trump resigned from Trump Entertainment and Trump Ent. has filed for Chapter 11 as of yesterday.
     
  4. bigviclbi

    bigviclbi LawnSite Senior Member
    from nj
    Posts: 894

    He's scum and anybody that supports him in any way is being taken. He doesn't lose money, only the contractors he's bilked. Hate that guy.
     
  5. nosparkplugs

    nosparkplugs LawnSite Gold Member
    Posts: 3,445


    Are you thinking of the Casino's Trumps name is the only attachment to the Chapter 11 bankruptcy. He's no longer on the board of directors or has any money invested in the Casino's.
     
  6. GravelyNut

    GravelyNut LawnSite Bronze Member
    Posts: 1,594

    Trump resigned from the board only last Friday. They filed on Monday for Chapter 11. That includes a number of other Trump companies also, not just the casino end.
     

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