this post was submitted on 17 Sep 2025
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[–] hyperhopper@lemmy.world 73 points 3 days ago (1 children)

He did it 6 times, not 1.

The answer is corruption, skimming from the top, and using company assets as if they were his.

Sounds familiar

[–] magic_lobster_party@fedia.io 16 points 3 days ago (1 children)

I suppose he also made lots of money from his bankruptcies.

Capitalism

[–] orca@orcas.enjoying.yachts 21 points 3 days ago

Bankruptcy is a feature for the wealthy, and a horrible last resort for the working class.