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.
Plaza Hotel, 1992. In 1988, Trump put in $390 million for the Plaza Hotel in New York. Four years later he found himself in the middle of a difficult divorce, and filed the Chapter 11 for a second time. In doing so, Trump forfeited 49-percent of his ownership to Citibank and removed his salary.