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A comment on National Rifle Association files for bankruptcy. Parent comment

Re:National Rifle Association files for bankruptcy by spaetzleesser on Saturday January 16, 2021 @02:34PM (#25804760)
As far as I understand it’s a common tool to get rid of liabilities and other problems. There is the term “strategic bankruptcy “. It’s definitely not a stain on a business person’s record as Trump has shown.
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Re:National Rifle Association files for bankruptcy by beerandt on Saturday January 16, 2021 @03:27PM (#25805191)
It's still a stain, just not an irrational one.

For example, most of Trump's debts are heavily secured compared to those of companies without a history of bankruptcy in their past.

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