Political Factoid
The Donald Trump Management Style
"We use the laws of this country, the bankruptcy laws."
- We buy a company.
(Typically, through a hostile leverage buyout.)
- We take it into bankruptcy proceedings.
(We don't pay our bills.)
- We make a deal with the bank.
(We use ransom and blackmail.)
- We then have a fantastic deal.
(Fantastically profitable for us.)
- (We repeat the process.)
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Why not try this with the government!
cf.
1662,
4397,
KCE
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