TRUMP’S BANKRUPTCIES: Lots of people declare bankruptcy: Venoco oil, Donald Trump, and future president Harry Truman’s haberdashery shop in Kansas City.
After its announcement in March, Venoco promised to be back on its feet after “several months.” Trump waves off his multiple business bankruptcies, which seem to do nothing to detract from his presidential ambitions.
In 1944, as a back-bench U.S. senator from Missouri, Truman’s honesty and character led Democrat movers and shakers to put him on the ticket with Roosevelt. He and the president hardly knew one another.