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Old 11-22-2004, 11:04 AM   #1
momo
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Trump Hotels & Casinos files for Bankruptcy

haha, no more casinos for The Donald?

Nov. 22 (Bloomberg) -- Donald Trump's Trump Hotels & Casino Resorts Inc. filed for bankruptcy protection with a plan to cut debt by $400 million and renovate its properties.

The Atlantic City, New Jersey-based company, which owns four casinos and has $1.8 billion in debt, yesterday sought Chapter 11 reorganization in U.S. Bankruptcy Court in Camden, New Jersey.

http://www.bloomberg.com/apps/news?p...qick0&refer=us
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Old 11-22-2004, 11:12 AM   #2
frankthetank
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Poor donald
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Old 11-22-2004, 11:17 AM   #3
fr33s3x
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Old 11-22-2004, 11:21 AM   #4
kevink
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he ain't no "apprentice" at filing bankruptcy. he oughta face it that gaming and real estate are ENTIRELY two different kinds of businesses.
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Old 11-22-2004, 11:22 AM   #5
loverboy
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so much for his reality shows
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Old 11-22-2004, 11:23 AM   #6
Dalai lama
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holy shit
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Old 11-22-2004, 11:32 AM   #7
Dalai lama
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Trump, You're fired
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Old 11-22-2004, 11:35 AM   #8
momo
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Quote:
Originally posted by Dalai lama
Trump, You're fired
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Old 11-22-2004, 11:38 AM   #9
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Quote:
Originally posted by Dalai lama
Trump, You're fired
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Old 11-22-2004, 12:07 PM   #10
Herb Kornfield
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The casino is bankrupt not Donald.

Its not his money that is invested into this for the most part. He's rolling 55 million into it again and the other companies are paying the rest.

He wont be the CEO of the trump casino, he'll be Chairman from what Ive read.

The guy knows when to walk away and let others hold the bag.
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