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ToldYaSo

08/18/11 5:37 PM

#8024 RE: overtheedge #8022

While I'm sure that debt plays a large part in this, it is also a state of the times that bankruptcy is now a corporate financial strategy, as Donald Trump illustrated in his recent interview with George Stephanopoulos in The New American publication:

"....Trump told George Stephanopoulos last Friday, "I’ve used the laws of this country to pare debt…. We’ll have the company… we’ll throw it into a chapter [11 bankruptcy]. We’ll negotiate with the banks. We’ll make a fantastic deal. You know, it’s like on The Apprentice: It’s not personal. It’s just business."

Mr. Trump has been involved in at least 4 business bankrupts, so I guess he could be considered on the leading edge of this business paradigm shift, lol!

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Flex

08/18/11 9:55 PM

#8029 RE: overtheedge #8022

OK now it's your turn for an answer, GNPG has MANY divisions and we just got rid of the anchor. I could care less what your take is, as it is just that, Your take,haha. In the end ,those that give it a chance to turn around may do well or fall flat. Since you don't hold that insight. We will have to see what happens in dec.

Flex