• BarneyPiccolo@lemmy.today
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    1 day ago

    Those bankruptcies were deliberate money laundering operations. The idea always was to suck all the profit out, run it into the ground, and walk away, declaring bankruptcy and sticking all the creditors with the bills.

    That’s why he did it over and over. It’s not because he didn’t learn how to avoid bankruptcy from his previous bankruptcy, it’s because he learned how to milk the next one even better.