Your Company is BANKRUPT!
Man, just how do you lose money on a casino, anyways?
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Trump Hotels & Casino Resorts Inc. (NYSE:DJT – news) on Monday said key bond holders had agreed to take the company into voluntary bankruptcy and restructure its $1.8 billion in debt to get a $400 million capital infusion.
Donald Trump, the real estate developer and star of reality show “The Apprentice” appeared poised to use his trademark line “You’re fired!” on himself as chief executive and to cut his controlling stake to 25 percent if the deal with debt holders and a Credit Suisse First Boston equity fund goes through.
http://news.yahoo.com/news?tmpl=story&cid=568&u=/nm/20040810/bs_nm/leisure_trump_dc_2&printer=1
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