The Donald has some really serious debt in Atlantic City. 11.25% notes due in 2006 sounds awful.
I bet he thinks he can renegotiate that debt, but he may lose control of the company.
Bet the stockholders who are down wonder what he means when he showboats about what a great businessman he is on the Apprentice Show. I believe the stock is down about 900% since the IPO.
1 posted on
03/30/2004 4:28:15 PM PST by
wardaddy
To: wardaddy
Couldn't happen to a nicer jerk...
To: wardaddy
This whole show is nothing more than a weekly 1 hour infomercial for the Trump brand.
That being said, it's a great show--better than any of the other "reality" TV out there.
3 posted on
03/30/2004 4:41:11 PM PST by
johnfrink
To: wardaddy
I saw the last show, where Trump took the teams to his casino and told them to come up with a promotional idea to get gamblers to part with their money. Well, the team that offered a chance to win 1000 risk free to the high stakes gambling group won. It never seemed to occur to Trump that people who were already in the high stakes part of the hotel would have spent their money without the free giveaway. They recruited gamblers that were checking in, right from the checkout line! Trump doesn't seem to be that smart, maybe just a lucky risk taker.
4 posted on
03/30/2004 4:41:20 PM PST by
Eva
To: wardaddy
I stayed in one of his Atlantic City places about 9 years ago. An airport shuttle bus driver said he bought if from "The Family". It had also been a Playboy Club. The Casino part had been shut down. Not very impressive even way back then.
The whole city gave me the creeps.
To: wardaddy
Again!!!????
The best man in my wedding, a drywall contractor bid his Taj-Mahal casino and was awarded the bid. He had to take out a second mortgage on his home, borrow five hundred thousand to get started and when the bill came due upon job completion, Trump filed bankruptcy and my friend lost his home, his marriage, his cars, his business, and never really recovered in many ways.
I ran into Trump once in McSorley's and told him what I thought of him. I was removed from the premises by his goons.
Despite the media love affair with the jerk, there is an army of people he's wronged quite badly who would love to do him harm.
"Art of the Deal" my a$$...........
6 posted on
03/30/2004 4:57:14 PM PST by
blackdog
(I feed the sheep the coyotes eat)
To: wardaddy
If Trump came around looking for a job, first thing I'd tell him would be to get a hair cut.
7 posted on
03/30/2004 4:58:47 PM PST by
per loin
(This tagline has not been censored!)
To: wardaddy
It takes a real genius to lose money running a casino.
9 posted on
03/30/2004 5:00:47 PM PST by
DManA
To: wardaddy
I looked up the synonym "smoke and mirrors". It said "Trump".
14 posted on
03/30/2004 5:13:13 PM PST by
mombonn
(Viva Bush/Cheney!)
To: wardaddy
Bet the stockholders who are down wonder what he means when he showboats about what a great businessman he is on the Apprentice Show.
I'm sure his bondholders appreciate the over 11% return.
17 posted on
03/30/2004 5:30:58 PM PST by
ClintonBeGone
(John Kerry is the Democrat's Bob Dole)
To: wardaddy
All together freepers. One, two, three: "You're fired, The Donald."
19 posted on
03/30/2004 5:35:18 PM PST by
lilylangtree
(Veni, Vidi, Vici)
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