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Thread: EXTREMIST Israel AMB pick handled Trump's $650MIL bankruptcy scam. WATCH OUT Israel!

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    EXTREMIST Israel AMB pick handled Trump's $650MIL bankruptcy scam. WATCH OUT Israel!

    Apparently when TRUMP ran his casinos into the ground, others did exceedingly well. I bring that up because I thought it was a 'recession' related failure. Not the case at all! I thought he owned this way before 2000. So he DRAINS the casino of money, the casino goes under, leaves IPO stock worthless. He declares bankruptcy owing $650,000,000 leaving employees with no jobs, screwing over stockholders and leaving many many vendors of varying sizes out in the cold having raped the till.

    His attorney was this Freidman guy who Trump announced FRI as the new ambassador to Israel. Freidman apparently is a hardliner. The Jewish people get it all. Palestinian gets no state. This will be a break in the diplomatic mantra of what, the past 2 decades?? Does that not create another HOT SPOT in the ME or are the Palestinians going to roll over and say yes, Mr. Trump??

    Oh yeah, and Friedman compares American moderate Jews to those Jews who turned their neighbors into the GESTAPO. Wow, there's some good footing to start from.

    DEC. 16 2016 4:30 PM

    Trump’s Extremist Israel Ambassador Pick Is a Bankruptcy Lawyer Who Helped Him Pull One of His Greatest Scams

    By Ben Mathis-Lilley




    David Friedman, Donald Trump, and Ivanka Trump outside bankruptcy court in Camden, New Jersey, on Feb. 25, 2010.
    Bradley C. Bower/Bloomberg via Getty Images

    David Friedman, Donald Trump's soon-to-be ambassador to Israel, is getting a lot of attention Friday for having said that center-left American Jews who criticize the Israeli government are "far worse" than individuals who "turned in their fellow Jews in the Nazi death camps." And said attention is fair, because that's an awful thing to say. My goodness! But Friedman is also notable for another reason: He's the bankruptcy lawyer that helped Trump pull off one of his greatest large-scale deadbeat screw jobs.

    Here's the story. In 1995, a company called Trump Hotels & Casino Resorts went public on the New York Stock Exchange. Trump was its chairman and, beginning in 2000, its CEO. The company lost money every year of its existence and went bankrupt in 2004. Its total 1995–2004 losses: $647 million. When it went bankrupt, bondholders had to settle for less than what they were owed. Employees lost their jobs and contractors went unpaid.

    IPO investors who held on until the end ultimately lost 90 cents for every dollar invested. "Over the same period," a MarketWatch columnist noted, "investors in competitor Harrah’s Entertainment more than doubled their money. Investors in luxury hotel, casino and resort companies like Starwood and MGM earned returns of more than 400%. Even the plain old stock market index more than doubled."

    Someone made money off Trump Hotels, though: Donald Trump. His contract kept him well-compensated personally even as he burdened the company itself with unsustainable debt. Like his presidential campaign, meanwhile, Trump Hotels & Casino Resorts spent big sums of (other people's) money on other Trumpworld properties—at one point estimating in a public filing, for example, that it had paid $470,000 for "Trump Ice"-brand bottled water in one year. Fortune estimates that on the whole, Trump Hotels—and its zombie post-bankruptcy successor, Trump Entertainment Resorts, which itself went bankrupt in 2009—paid Donald Trump a total of $82 million.

    Trump's bankruptcy lawyer, throughout all of this, was David Friedman....
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    Galactic Ruler Spookycolt's Avatar
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    I suppose he will erase all the success that Obama has had over in Israel huh?

    LOL
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    Quote Originally Posted by Spookycolt View Post
    I suppose he will erase all the success that Obama has had over in Israel huh?

    LOL
    And GEORGE W.'s success!

    If at first you don't succeed, BLOW IT UP??
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    Veteran Member TNVolunteer73's Avatar
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    Quote Originally Posted by cpicturetaker12 View Post
    And GEORGE W.'s success!

    If at first you don't succeed, BLOW IT UP??
    Don't tell anyone, GW Bush did not attack Israel.. Heck GW Bush did not start teh war with Iraq, a that was a Democrat Senate and a GOP house.

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    Galactic Ruler Spookycolt's Avatar
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    Quote Originally Posted by cpicturetaker12 View Post
    And GEORGE W.'s success!

    If at first you don't succeed, BLOW IT UP??
    You do know that an ambassador has zero power don't you?

    Well then again, you probably don't.

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    Quote Originally Posted by Spookycolt View Post
    I suppose he will erase all the success that Obama has had over in Israel huh?

    LOL
    Netanyahu HATES Obama.

    Maybe he'll actually get along with Trump.

    We can only hope...

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    Galactic Ruler Spookycolt's Avatar
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    At least Trump won't be the laughing stock that Obama was.

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    Quote Originally Posted by TNVolunteer73 View Post
    Don't tell anyone, GW Bush did not attack Israel.. Heck GW Bush did not start teh war with Iraq, a that was a Democrat Senate and a GOP house.
    So Cheney's Iraq "oil suitors" map drawn in APRIL 2001 was just a coincidence?? Yeah, I've got some positively beautiful swampland down here for sale.
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    Galactic Ruler Spookycolt's Avatar
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    Quote Originally Posted by cpicturetaker12 View Post
    So Cheney's Iraq "oil suitors" map drawn in APRIL 2001 was just a coincidence?? Yeah, I've got some positively beautiful swampland down here for sale.
    How much oil did we get from Iraq because of the war again?

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    Quote Originally Posted by Spookycolt View Post
    You do know that an ambassador has zero power don't you?

    Well then again, you probably don't.
    Then why have them? Even Republicans have worthless ambassadors? Really? Wanna stick with the deflection?

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