News for hackers. Stuff that matters.

A comment on Over 90% of Indian techies in the US are upper-caste Indians. Parent comment

Re:Over 90% of Indian techies in the US are upper-caste Indians by coliveira on Tuesday September 22, 2020 @05:19AM (#24552500)
Trump went bankrupt, but still managed to be ok due to a huge inheritance. The same happened to George Bush.
[ Parent | on HN ]
Re:Over 90% of Indian techies in the US are upper-caste Indians by DarkWiiPlayer on Tuesday September 22, 2020 @05:28AM (#24552559)
Doesn't that mean he just had more money than he was dumb enough to lose at the time?
[ Parent | on HN ]
Re:Over 90% of Indian techies in the US are upper-caste Indians by mcv on Tuesday September 22, 2020 @07:11AM (#24553131)
He also has the name, connections and status that help him get more money. Despite his bankruptcies, there are still people willing to do business with him, invest in his projects, etc. At the moment he's probably mostly propped up by Russian money, but those Russians would not do that for just any bum on the streets.
[ Parent | on HN ]
Re:Over 90% of Indian techies in the US are upper-caste Indians by collyw on Tuesday September 22, 2020 @08:42AM (#24553756)
Given that his businesses seem to be successful now, those seem to have been good investments.
[ Parent | on HN ]
Re:Over 90% of Indian techies in the US are upper-caste Indians by mcv on Tuesday September 22, 2020 @12:07PM (#24556194)
Not so. Most people lose money on it. He has a knack for sticking other people with the bill for his bankruptcies while he gets his money out in time. The only bank that still wants to do business with him is the Deutsche Bank, and a lot of people suspect there might be some sort of money laundering or other questionable transactions going on.
[ Parent | on HN ]