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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Trump owns 500 businesses.  Four have been bankrupt.  What's that?  Like a .004 percent failure rate?  Seems he knows his stuff,  which begs the question.  What do you do OP? Chances are you're not even 1% as successful [/quote]

Source for the 500 businesses, please.[/quote]
http://lmgtfy.com/?q=Trump+500+businesses[/quote]

Did you actually look at the results? Here's Trump's FEC disclosure: https://www.documentcloud.org/documents/2175187-trump.html

What's clear from this is that he forms a separate LLC for every property he owns. THAT is the source of the "500 businesses." Laughable.

[/quote]

And you own....how many businesses now?

Plus you're reading skills suck.

From Wikipedia

The Trump Organization has interests in real estate development, investing, brokerage, sales and marketing, and property management. The company owns, operates, invests, and develops residential real estate, hotels, resorts, residential towers, and golf courses in different countries, as well as owning several hundred thousand square feet of prime Manhattan real estate. It lists involvement in 515 subsidiaries and entities with 264 of them bearing Trump's name and another 54 including his initials.[

[/quote]

I used to work in the real estate development industry and previous poster is right -- developers set up each project as a separate corporation, but the corporation is just a shell to protect the real company from liability in case the project fails.  Nobody thinks these are separate companies.

If you are going to count each one as a separate entity, then Trump has way more than 10 bankruptcies.  For example, if you look at the bankruptcy filing for the Trump Taj Mahal, it's actually 10 separate companies that all went bankrupt together.  See the footnote on page 6:

http://www.njb.uscourts.gov/opinions/JHW/docs/2010/R09-13654TrumpConf.pdf
[/quote]

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