ï»¿ Causes and Consequences of broken family Introduction: Family is said to be the first institution where one starts to equip oneself to grow. But differences have been found to each family. According to the administration and organizing family, each produces various kinds of character.
Itâs nothing personalâ¦. First things first: Donald Trump has filed for corporate bankruptcy four times, in 1991, 1992, 2004 and 2009. All of these bankruptcies were connected to over-leveraged casino and hotel properties in Atlantic City, all of which are now operated under the banner of Trump Entertainment Resorts.
In 1990, due to excessive leveraging, The Trump Organization revealed that it was $5 billion in debt ($8.8 billion by some estimates), with $1 billion personally guaranteed by Trump himself.n 1974 Donald Trump became president of his fatherâs organization. During the 15 years following his ascension, he expanded and innovated the corporation, buying and branding buildings, golf courses, hotels, casinos, and other recreational facilities.