Actually I would say that Trump sound money management. Bankrupting a business is not the same as personal bankruptcy. That is the mistake most make. For the wealthy, bankruptcy of a business is just a financial tool. Nothing more. Sometimes a business comes out of it, other times you just liquidate.

Often, the company is bankrupted after they pillaged for everything of value and nothing is left. Eddie Lampart is doing that with Sears right now. Piece by piece he is selling off until there will be nothing left.

Personal bankruptcy is when they start taking your shit to sell it off to pay creditors. When you have enormous wealth, that is often the result of being a dumbass.

Although I will say Schilling at least went bankrupt because he was funding his business...and the market turned on him. Bernie Kosar was in the same boat on a real estate development where he had $30M tied up when the market turned.

So they are only partial dumbasses....although I bet they did drive nice cars.