• perishthethought@lemm.ee
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      6 days ago

      Yeah. I was OK with them explaining how bankruptcies work, but then when they got to the actual events, they’re like “300 million in loansa they couldn’t pay back” but that might not be his fault. Like what?

    • jubilationtcornpone@sh.itjust.works
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      5 days ago

      It doesn’t happen that often but it does happen. Poor management, taking on excessive debt, and poor location (cough Tunica cough) are usually contributing factors.