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.
Trump stayed on as chief executive, though the role was symbolic and declawed: He did not have a role in day-to-day decision-making, and he did not earn a salary. In 2004, Trump faced his third corporate bankruptcy, when his Trump Hotels and Casinos Resorts â which controlled the Trump Taj Mahal, Trump Plaza and Trump Marina (formerly Trumpâs Castle) casinos in Atlantic City, as well as a riverboat casino in Indiana â was buried underneath $1.8 billion in debt.