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TRUMP CASINO BANKRUPTCIES - 1984-2014 --- (PART II)

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NiteRydr

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His agreements with lenders and the two casino bankruptcies in those years (1990-1993) still left Mr. Trump personally responsible for more than $100 million in debt, and his agreements had only delayed the day of reckoning to June 30, 1995.

 

He dealt with that danger by first shifting much of his personal debt onto his casinos, then onto a new group:  shareholders.

 

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