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Old 02-21-2009, 04:49 PM   #1
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Trump This: The Donald Trump suggests bankruptcy for GM

Trump said GM should be filinng Chapter11 rather then asking for money, but did not give a reason to why he said it

Watch video at the bottom

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Old 02-21-2009, 04:57 PM   #2
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he should know he was almost flat broke in the early 90s I think he might of even went in to chap 11 him self, he pissed away all of his daddys money.
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Old 02-21-2009, 06:12 PM   #3
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Didn't know that. Apparently whatever he did worked, he seems to be back on top.
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Old 02-21-2009, 07:13 PM   #4
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he should know he was almost flat broke in the early 90s I think he might of even went in to chap 11 him self, he pissed away all of his daddys money.


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Didn't know that. Apparently whatever he did worked, he seems to be back on top.
yeah, he's been to the top, then down to the bottom more times than I can count. but one thing to keep in mind is that once you've made a name for yourself, there will always be someone who wants to pay you for your opinion on how to fail.
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Old 02-21-2009, 07:16 PM   #5
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lmfao what a joke just pulled his wiki and they said when he was nearly broke in the 90s he had a "creditor-led bailout". any body know what that means? But from the sounds of it he got bailed out some how when he had financial problems. And now he says GM should go in to chap 11 when he him self was bailed out what a jackass.
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Old 02-21-2009, 07:30 PM   #6
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FYI Trump Entertainment filed of CH 11 again. Part of the reason for making it out last time where do to the banks. The Banks would have only received pennies on the dollar if they forced him into CH 7. Lets see if he makes it this time.

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Old 02-21-2009, 11:37 PM   #7
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In Miami Beach, he can't give away condos in his THREE new giant condo towers. Trump is a pompous a$$hole...
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Old 02-21-2009, 11:44 PM   #8
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This is coming from the guy that had $2 billion in debt and wouldn't declare bankruptcy.
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Old 02-21-2009, 11:46 PM   #9
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This is coming from the guy that had $2 billion in debt and wouldn't declare bankruptcy.
did he ever get rid of that debt
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Old 02-22-2009, 12:46 AM   #10
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In Miami Beach, he can't give away condos in his THREE new giant condo towers. Trump is a pompous a$$hole...
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Old 02-22-2009, 01:38 AM   #11
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it is still the best idea EVER....
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Old 02-22-2009, 10:53 AM   #12
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it is still the best idea EVER....
Nah, I'd put it just behind Direct Exhaust Injection. That is the best idea ever.
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Old 02-22-2009, 12:59 PM   #13
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Trump's an idiot
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Old 02-23-2009, 10:28 AM   #14
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You'd think with the "vast amounts of experience and money" I hear some people say about him...he could afford a better haircut....

Anyways...who asked for this genius' opinion again?
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Old 02-23-2009, 12:51 PM   #15
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You'd think with the "vast amounts of experience and money" I hear some people say about him...he could afford a better haircut....

Anyways...who asked for this genius' opinion again?
I wondered that too, on both accounts actually
But it got me thinking, we're an internet forum, 99.99% of the time nobody asks for our opinion (we get listened to more often than that) but we always give one. Opinions are like mouths: everyone's got one (I was going to use another hole, but thought better of it)
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Old 02-23-2009, 01:42 PM   #16
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your fired.
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Old 02-23-2009, 09:35 PM   #17
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I hope they repo the hairpiece this time. Or just light it on fire. I'd pay to see that.


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FYI Trump Entertainment filed of CH 11 again. Part of the reason for making it out last time where do to the banks. The Banks would have only received pennies on the dollar if they forced him into CH 7. Lets see if he makes it this time.
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Old 02-23-2009, 10:31 PM   #18
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I hope they repo the hairpiece this time. Or just light it on fire. I'd pay to see that.
Me too.
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Old 02-23-2009, 10:50 PM   #19
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Lets see....while you may doubt is advice, or find faults in his business history, the bottom line is he is still a viable entity. Is he not? Perhaps the reason he still is, because he was able to make the tough decisions. And I may be going out on a limb here, but I think he probably knows a little more about business than the rest of us on this forum.
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Old 02-23-2009, 10:55 PM   #20
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Lets see....while you may doubt is advice, or find faults in his business history, the bottom line is he is still a viable entity. Is he not? Perhaps the reason he still is, because he was able to make the tough decisions. And I may be going out on a limb here, but I think he probably knows a little more about business than the rest of us on this forum.
Ofcourse he does, and I happen to agree with his advice as well...
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Old 02-23-2009, 10:58 PM   #21
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Lets see....while you may doubt is advice, or find faults in his business history, the bottom line is he is still a viable entity. Is he not? Perhaps the reason he still is, because he was able to make the tough decisions. And I may be going out on a limb here, but I think he probably knows a little more about business than the rest of us on this forum.
Never doubted that he has made some smart decisions in the past to become wealthy and to save his own A, but doesn't mean I have to like him. I always give him his props for that, but he will never be my friend. Just makes me wounder after the last CH 11 and the banks willingness not to force him to CH 7 if he will be so lucky this time. The banks my just cut their losses and run only time will tell.
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Old 02-24-2009, 01:42 AM   #22
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No need to start another thread, I'll just ask from here.

Who would you guys suggest to ask for advice or lead GM out of this mess. I vote for Mitt Romney.
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Old 02-24-2009, 08:53 AM   #23
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I don't think its a matter of who to ask, I think everyone including them knows what needs to be done. Its a matter of speeding up the process so the UAW can take over the responsability for their members benefits.

Rmyers:
And btw, there are PLENTY of people in business to ask besides Donald Trump who are way more successful. Thing is, they don't embarrass themselves by carrying on like a d-list celebrity. He is Paris Hilton with a bad wig.
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Old 02-24-2009, 09:26 AM   #24
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now, to make this thread a little more interesting, here's a pic of donald's daughter:

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