which subsequently led to the bankruptcy of Trump’s Atlantic City Taj Mahal casino later that year. Buffett explained, “The big problem with Donald Trump was he never went right. He basically overpaid ...

Also in 1992, Trump filed for bankruptcy on yet another Atlantic City property, the Trump Plaza Hotel and Casino. Trump's fourth bankruptcy was for the Plaza Hotel in Manhattan. After this ...

Warren Buffett ... Trump’s business difficulties. He responded by emphasizing Trump’s heavy dependence on borrowed money, which subsequently led to the bankruptcy of Trump’s Atlantic City ...