Post Profile

How Trump's Casino Bankruptcies Screwed His Workers 0ut of Millions in Retirement Savings

When pressed about the multiple bankruptcies at his Atlantic City casinos, Donald Trump routinely says the episodes highlight his business acumen. He made out well, he claims, at the expense only of his greedy Wall Street financiers. "These lenders aren't babies," he said during a Republican primary debate last fall. "These are total killers. These are not the nice, sweet little people that you think, okay?" Yet among those who suffered as a result of Trump's bankruptcies were his own casino employees, who collectively lost millions of dollars in retirement savings when the company's value plummeted.
read more

See more about: Atlantic City

Related Posts

Trump empire back in bankruptcy as two NJ casinos file

News : The Newsroom

(Reuters) - Trump Entertainment Resorts Inc, which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy. Trump Entertainment operates the Trump Taj Mahal Casino Reso...

The Time Trump Revealed His IRS Returns, And He Paid Zero

US Politics / Liberal : Crooks and Liars

If Donald Trump's career as a failed casino mogul in 1980's Atlantic City doesn't indicate sub-par business acumen, nothing does. His bankruptcies, a matter of public record, are brushed off as an aside that are inconsequential to h...

Trump's Atlantic City casinos reportedly owed $30 million in taxes — and settled for $5 million after Christie took office

Politics : Business Insider: Politix

For six years, New Jersey state auditors and lawyers battled in court for $30 million that the state said Donald Trump's Atlantic City casinos owed in back taxes. The state eventually agreed to accept only $5 million from the casino...

Donald Trump's bankruptcy was great for him, a disaster for everyone else

US Politics / Liberal : Daily Kos

Donald Trump didn’t just decide to go into the Atlantic City casino business. He jumped in. Big league. Trump opened two competing casinos in the small, beach-front city and was still determined to have the largest casino in town. T...

The Supreme Court is Considering a Case on How a Bankrupt Trump Casino Screwed Workers

News / Independent News : Mother Jones

At its weekly conference today, the US Supreme Court will consider whether to hear a case that involves the latest installment in the story of Donald Trump's failed Atlantic City casino empire and the efforts of hotel workers to rec...


Copyright © 2016 Regator, LLC