re: #28 Dangerman

he’s not ‘broke on paper’. he’s broke. i’d venture has been for a long time.

Everybody makes fun of him for running his casinos into the ground to the point where he declared bankruptcy, but if you think about it in this context, it makes all the more sense. He’s so broke, he leveraged a casino to the hilt, somehow lost money on it, and was forced to declare bankruptcy to pull his ass out of the hole he dug for himself because he was counting on a casino’s inherent profitability to keep him afloat and he fucked it up.