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Tag Archives: Commerce Secretary

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Trump Adds ‘King Of Bankruptcy’ To His Cabinet

By Jessica Holguin | Posted on December 21, 2016

President-elect Donald Trump tapped multi-millionaire investor Wilbur Ross to be his Commerce Secretary. Some people in and around industrial Northwest Indiana call Mr. Ross the “king of bankruptcy,” because in the past, he has purchased companies in distressed industries at a discount, often while they are in bankruptcy, and either liquidated their assets or… Read More »

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