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"The people who cast the votes don't decide an election; the people who COUNT the votes do." -- Joseph Stalin

Tuesday, February 17, 2009

Trump in Bankruptcy Again!

"You're Fired!"

Famed entrepreneur and TV star of "The Apprentice", Donald Trump, is again in financial trouble. Trump Entertainment Resorts made the filing in U.S. Bankruptcy Court in Camden, N.J., four days after the real estate mogul whose name remains on the company and its three seaside gambling resorts resigned as chairman of the board.

Trump was frustrated that bond holders and their allies on the board rebuffed his offer to buy the company and take it private.

Such a filing would mark the third appearance in bankruptcy court for Trump Entertainment, which most recently emerged from bankruptcy proceedings in 2005.

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1 comment:

  1. We shall never back down even bankruptcy has occured in our lives. Problems like that really happen even in our business. What we have to do is to think of a solution. We must seek for the appropriate company that allows us to ensure the stability of our business.

    Waukesha Bankruptcy

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