February 20, 2009

Trump Casino Group Files for Bankruptcy - Trump Quits Casino Business

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This is bad news, and really bad news for Donald Trump. It seems the group behind the Trump Casino decided to go for bankruptcy, and Trump was so mad about the move - he quit his own casino.

Well, no bailouts, with the Donald Trump Entertainment Resorts filing for Chapter 11 bankruptcy, rather than seeking any sort of a bailout, and actually having very little to do with the Donald himself.

Not only did Donald Trump oppose the bankruptcy move and quit the company last week ahead of it, he owns only a quarter of the casino operator, unlike the Trump Organization, which he does control.

Full read at FOXNews.com

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Posted by Jay Brewer at February 20, 2009 7:17 AM
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