Trump's casinos failed after failed to inform investors he borrowed at ridiculously high interest rates to fund them, later floated them on the stock market to shift the risk to stockholders, and transferred his own personal debts to his casino's balance sheets, all while paying himself massive bonuses. All this at a time and city where other casinos were raking in money hand over fist.
If Trump burned as many investors on the ASX as did in America, he would be enemy number #1 on Hot Copper for life.
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Bruce Garlick, Executive Chairman
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