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 the next three years, Trump sold the Hotel to pay off his creditors. Trump Casino Resorts and Hotels began initially as a holding company for Gary, Ind, and the Trump Plaza. In 1995, when it went public, it also acquired the Trump Taj Mahal, Trump Marina, and the Trump 29 casino. Trump then gave up 20 percent of his ownership, and put $72 million into the company from his own pocket.