Trump’s choice for very right-wing ambassador to Israel is a lawyer who helped Trump make out like a bandit from his company that went bankrupt. Ben Mathis-Lilley at Slate has the story:
… Read the restIn 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
