Niall,
I haven't heard of any trickle down problems affecting the banks and debt holders' when Trump filed.
That doesn't mean there weren't any, but if there was, I would think the media would have been front and center with that news, especially when he was a Republican candidate.
The fact is, by filing Chapter 11, and continuing to operate, jobs were retained, not destroyed.
Atlantic City is and continues to be a unique situation
You're right, "scheme" and other words can have different connotations.
There's no doubt that he's a polarizing figure, but I wonder if another entrepreneur, a well respected local developer, had put forth this plan, if he would have encountered the same resistance ?