Trump Taj Mahal bankruptcy faces protest
In Atlantic City, a fierce battle over Donald Trump’s former casino, the Trump Taj Mahal, is near its conclusion. Carl Icahn, billionaire owner of Atlantic City’s decaying but still opulent elephant-fronted Taj, wants to shut it down, saying striking workers have made it impossible to turn around a property that has lost him $100m. Unions representing casino workers say Icahn is a raider who used expensive loans to squeeze the Taj into bankruptcy and then used legal proceedings to shaft workers.
Trump Taj Mahal bankruptcy pits Carl Icahn’s casino against striking workers