pokoko on 04 October 2016
I don't really see how this makes him 'smart' or a 'genius'. That's bull that they're trying to feed the public.
My business accountant did something very similar, though it wasn't from me going bankrupt. I lost about $18k when the person I was doing business with turned out to be incompetent. Inside two years, then ran two different businesses into the ground and defaulted on the property itself. They'd liquidated the assets that would have gone to me in order to keep the other two failures afloat. I think I've got a write-off for the next eleven years from that. Technically a loss but it really doesn't feel like it. I'm sure Trump thinks the same.
