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NDP: Libby Davies on Bankruptcy Protection 2

NDP: Libby Davies on Bankruptcy Protection 2
House of Commons: October 18, 2008

Duration : 0:0:41

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NDP: Libby Davies on Bankruptcy Protection

NDP: Libby Davies on Bankruptcy Protection
House of Commons: October 17, 2008

Duration : 0:0:41

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RE: Letterman – Hookers & Hair & Donald Trump’s Feelings

Donald Trump Bankruptcy

http://jillhanner.com/content/donald-trump-threatens-resignation-trump-entertainment-resorts-inc-files-bankruptcy

Trump Entertainment Resorts Inc, the company that owns three casinos in Atlantic City (the Trump Taj Mahal, Trump Plaza and Trump Marina), filed for Chapter 11 bankruptcy protection on Tuesday February 17 2009.

On paper Trump Entertainment has assets of $2.1 billion and debts of $1.74 billion which means that on paper it can cover its debts. The company missed a $53.1 million interest payment due on Dec 1 and the company has decided to declare itself Bankrupt before the people that are owed the $1.74 billion ask for all their money back.

Donald Trump was against the company declaring itself bankrupt even though he had managed to increase his personal fortune during the debt restructuring that occurred during the two previous times the same Trump company had declared itself bankrupt.

Donald threatened to resign from the Board of Directors on Friday 13th in advance of the Bankruptcy declaration although he still hasn’t publicly confirmed his resignation.

Press reports indicate that Donald’s daughter Ivanka Trump is currently rich and beautiful.

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If you were a part of the Trump Entertainment company and your livelihood was currently on the line, based on what you know about Donald Trump from his TV series, would you put your future in Donald’s hands or in the shareholders hands?
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Donald Trump played by Bobby

http://youtube.com/user/famousony0utube

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Music used with permission

http://ccmixter.org/files/stickymcbiscuit/2586

The Late Show
Letterman – Hookers & Hair & Donald Trump
Donald appears on Letterman on February 18 2009

Taglines:
CNN Entertainment
Trump’s feelings on Miss CA
After the news conference about Miss California USA Donald Trump spoke exclusively to CNN

Duration : 0:0:48

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The Fall of Lehman Brothers P1

On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck

Duration : 0:9:54

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‘New GM’ exits bankruptcy

A new General Motors emerged from bankruptcy protection on Friday, far more quickly than most industry watchers had expected, as a leaner automaker aiming to win back American consumers and pay back taxpayers.

Duration : 0:1:29

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