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Title: Donald Trump fires himself from casino company's board Post by: Allhallowsday on February 13, 2009, 11:55:37 PM Donald Trump fires himself from casino company's board
ATLANTIC CITY, N.J. – Donald Trump fired himself Friday from the casino company that bears his name. Spurned by bond holders who rejected his effort to buy Trump Entertainment Resorts , the real estate mogul and his daughter Ivanka are resigning from its board of directors. He called the troubled casino company he once controlled "worthless to me now." He is the largest shareholder, owning more than a quarter of its stock, yet stressed that it comprises "substantially less than 1 percent of my net worth." The company won a fourth extension Wednesday on restructuring $1.25 billion in debt, and some analysts have predicted it will file for bankruptcy protection for a third time if it doesn't work out a deal with its bond holders... http://news.yahoo.com/s/ap/20090214/ap_on_bi_ge/trump_resigns (http://news.yahoo.com/s/ap/20090214/ap_on_bi_ge/trump_resigns) :lookingup: Title: Re: Donald Trump fires himself from casino company's board Post by: Captain Tars Tarkas on February 14, 2009, 12:37:14 AM "Fired himself" is the new "running away because this ship is going down!"
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