Re: Paul Truong Has Filed For Bankruptcy

On Jul 29, 3:05 pm, "David Kane" <davidek...@xxxxxxxxxxx> wrote:
"Mike Murray" <mikemur...@xxxxxxxxxxxxx> wrote in message

news:bpdu84ltcchokit697u6vsj2od5krtbt32@xxxxxxxxxx





First, someone filed for bankruptcy *twice*, the last time right in
the middle of the USCF EB campaign, where his slogan was "Time to
clean up the USCF", and where he touted his financial expertise and
business acumen, but refused to provide details. Seems to me, a
number of people just had to know about this, and they all kept
silent. Who were they and why did they say nothing?

Second, according to the document Sam Sloan provided, the filing was
over about fifty grand worth of debt, mostly credit cards and phone
bills evidently, with some taxes thrown in, all debts incurred by a
mature adult. When a big swinger in the business world goes under,
the debts are usually HUGE. Fifty grand is a lot of money to most of
us, but to a high profile corporate consultant, this is chump change,
less than many recent college grads have in student loans. Seems to
me, someone presenting the business credentials that PT did during the
election would be concerned about his professional reputation, would
be reluctant to take the bankruptcy shortcut and just go back to hard
work for a few months and pay it off.

You forgot. He's a chessplayer. The chess world prides itself
on having no standards and does not require a person to
maintain a reputation. It won't be long before Parr, Innes, Mitchell,
Walker and the rest are posting their creative defenses.

It didn't take long. Innes is already spinning like a top, and
Mitchell has borrowed Jesus' robes - robes that have never fit him,
and probably never will.

Walker has never struck me as a Truong defender.

I would guess there's more story beneath the surface.

No doubt, the real story is that Mr. Truong is a *victim* - again.
Poor guy.

Anyone have info on his first bankruptcy?

.

Relevant Pages

  • Re: Paul Truong Has Filed For Bankruptcy
    ... the middle of the USCF EB campaign, where his slogan was "Time to ... When a big swinger in the business world goes under, ... the debts are usually HUGE. ... be reluctant to take the bankruptcy shortcut and just go back to hard ...
    (rec.games.chess.politics)
  • Re: Paul Truong Has Filed For Bankruptcy
    ... the middle of the USCF EB campaign, where his slogan was "Time to ... business acumen, ... the debts are usually HUGE. ... the first stone. ...
    (rec.games.chess.politics)
  • Re: Paul Truong Has Filed For Bankruptcy
    ... the middle of the USCF EB campaign, where his slogan was "Time to ... When a big swinger in the business world goes under, ... the debts are usually HUGE. ... be reluctant to take the bankruptcy shortcut and just go back to hard ...
    (rec.games.chess.politics)
  • Re: Paul Truong Has Filed For Bankruptcy
    ... the middle of the USCF EB campaign, where his slogan was "Time to ... When a big swinger in the business world goes under, ... the debts are usually HUGE. ... election would be concerned about his professional reputation, ...
    (rec.games.chess.politics)
  • Re: How should our Limited Company die?
    ... Myself and my wife are directors and shareholders of a small limited company. ... Debts have accumulated since then, and we have been able to work limited hours due to treatment and care, often with periods when I have been unable to work. ... The business could not be sold, as the clients are very personal, and would be likely to follow us rather than the company. ... cease trading and hope no-one winds us up, ...
    (uk.finance)