Earlier quoted context omitted.
It should be noted im not sticking up for Trump, just addressing the idea of attributing a company bankruptcy to company owners as if they personally filed bankruptcy, as done by OP. Still if you want to attribute the bankruptcies of companies to Trump personally because he was CEO...post a link, because I don’t think Trump was an employee of these companies at all, much less responsible for day to day operations of…
He was personally responsible for the decisions in at least 2 of the 4 bankruptcies, but the other 2 are more debatable. http://www.politifact.com/truth-o-meter/statements/2015/sep/...
>It’s not fair to put all the blame on Trump for the four bankruptcies because he’s acting as any investor would. Investors often own many non-integrated companies, which they fund by taking on debt, and some of them inevitably file for bankruptcy, said Adam Levitin, a law professor at Georgetown University.
And basically supports what what I suggest:
>He added that people typically wouldn’t personally blame former Republican presidential candidate Mitt Romney or investor Warren Buffett for individual failures within their investment companies, Bain Capital and Berkshire Hathaway, respectively.
Despite the fact the guy pretends to be self-made (he isn’t), there is something to be said for someone who took a $10M loan from his father and turned it into a $1B+ Business empire. Sure there have been some individual business failures along the way (which his ego barely allows him to acknowledge), but it pretty funny SV with its ethos of not being afraid to fail and iterating, is so petty they extend 4 business bankruptcies (which were all chapter 11 reorganization’s) onto the man personally, but would never dare put that type of standard on SV investors (just as the article you linked suggests).