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Re: [Pen-l] Donald Trump Sees Act of God in Recession



Michael Smith wrote:
> He's *been* bankrupt, off and on, for years. The banks
> kept him afloat because if his projects went bust, they
> went bust.

I think his TV show and his general notoriety have also helped him
avoid permanent bankruptcy so far. They added to his "good will,"
which -- believe it or not -- appears on the asset side of the balance
sheet.
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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