Word: taj
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When Trump launched his colossal Taj Mahal casino in Atlantic City a year ago, a Wall Street Journal article quoted a skeptical Roffman as saying that "once the cold winds blow from October to February, it won't make it." Trump threatened to sue Janney if Roffman did not apologize. The analyst refused, and Janney dismissed him, citing "violations of company policy." As for Trump, whose Taj Mahal has felt the cold wind and is flirting with insolvency, Roffman is suing him for $2 million...
Sweetest Revenge for a Naysayer Marvin Roffman, a gambling-industry analyst, was fired by his spineless firm, Janney Montgomery Scott, after Donald Trump threatened to sue the firm because Roffman predicted the demise of the high roller's $1 billion Taj Mahal casino in Atlantic City. Just eight months later, the Taj agreed to file for bankruptcy protection...
MOSCOW ON ICE HOLIDAY SPECTACULAR. If you can stand the culture shock, drop by Donald Trump's glitzy Taj Mahal Casino, with its neo-Indian domes and portals, and catch this breathtaking ice-skating gala by a prizewinning troupe of Soviet athletes in dazzling exotic costumes. In Atlantic City, through...
...self-proclaimed King of the Deal managed to stave off disaster again -- but for how long? Last week Donald Trump missed a $47 million semiannual interest payment on $675 million worth of junk bonds used to finance his Taj Mahal casino in Atlantic City. Taj bondholders had the right to foreclose completely on the casino, but the developer persuaded them to go into business with him instead...
...agreeing to come to terms before they appear in court, Trump and his bondholders hope to limit to a few weeks the time the Taj spends in Chapter 11. But while Trump seems to have put out one fire, he will soon be busy with others. Over the next several weeks, he must make two more multimillion-dollar interest payments -- for Atlantic City's Trump Castle and Manhattan's Plaza Hotel...