Posts Tagged ‘Atlantic City’

Trump on the Brink; Casino May File Bankruptcy

Sunday, February 15, 2009 8:48 7 Comments

Trump Entertainment Resorts in Atlantic City may be filing for bankruptcy.
Charting Stocks speculated that Trump was in trouble in this post.  In November, Trump Entertainment Resorts missed their $53.1 million interest payment due to bondholders. The company was suffering from a collapse in revenues due to the economic depression.
Trump, who owns 28% of the common [...]

This was posted under category: Default, Donald Trump, Economy Tags: , , , , , , , , , , , , , ,

Donald Trump Facing Bankruptcy?

Sunday, November 30, 2008 19:14 13 Comments

Donald Trump & Co. Maxed Out

You know times are rough when Donald Trump can’t pay his bills!
Trump Entertainment Resorts announced that it will have to miss the $53.1 Million interest payment due to it’s bondholders on Monday. Citing a collapse in revenues and a poor economic environment, the Atlantic City Casino operator says that it [...]

This was posted under category: Bonds, Credit, Default, Deutsche Bank, Donald Trump, Economy, Recession, TRMP Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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