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Trump’s tower of trouble: anatomy of a financial fiasco

For Donald Trump, it was a stunning landmark of the 21st century: a luxury high-rise shaped like an ocean liner and bearing his name that would turn Fort Lauderdale Beach into an international draw.

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5/20/2013

article Judge tosses Staten Island woman's injury suit against Trump Plaza Hotel and Casino in Atlantic City
(Atlantic City) -- Donald Trump doesn't mind if you win some cash at his casinos' slot machines, but he'll fight if you try to take money out of his pocket.

5/15/2013

article Judge scolds Trump, attorney during testimony
(Chicago) -- A scowling Donald Trump raised his voice on the witness stand Wednesday while an attorney grilled him and then rolled his eyes at the "Apprentice...

5/6/2013

article Icahn Holds Up Sale of Trump Plaza
(Atlantic City) -- Investor Carl Icahn is holding out for a better deal in the sale of Trump Plaza to the Meruelo Group. Icahn, who holds the mortgage on both the Plaza...

4/29/2013

article Trump Plaza gets new general manager
(Atlantic City) -- Trump Entertainment Resorts Inc. has appointed a veteran gambling executive as the new general manager of the struggling Trump Plaza Hotel and Casino.

4/22/2013

article Carl Icahn won't approve sale of Trump Plaza for $20M
(Atlantic City) -- Billionaire investor Carl Icahn, who holds the mortgage on the Trump casinos, said Monday there is no way he will approve the proposed $20 million...

4/21/2013

article Trump Plaza's buyer says sale is on hold
(Atlantic City) -- The California development company that plans to buy Atlantic City's Trump Plaza Hotel & Casino for $20 million says the deal is on hold.

4/20/2013

article California company's deal for Trump Plaza put on hold
(Atlantic City) -- A California development company that had planned to buy the Trump Plaza in Atlantic City said on Friday that it was delaying the deal at least...
article Purchase of Trump Plaza on hold, prospective buyer says
(Atlantic City) -- The California development company that sought to buy Trump Plaza Hotel and Casino for $20 million announced Friday night that the sale has been...

4/1/2013

article Hired or fired? How the Trump is doing after five years in Las Vegas
(Las Vegas) -- Las Vegas’ Trump International Hotel had a rocky start. The high-end condos failed to sell. Owner Donald Trump had to shift strategy. The Great...
article Donald Trump drops suit against Bill Maher
(New York) -- Donald Trump has dropped a lawsuit he filed against Bill Maher, claiming the comedian and TV host went back on a promise to donate $5 million to charity if...

3/16/2013

article Trump Plaza layoff notice withdrawn
(Atlantic City) -- Atlantic City’s Trump Plaza Hotel and Casino has withdrawn layoff notices that recently went out to more than 1,400 employees.

3/13/2013

article Trump Plaza Hotel's New Owner Gives Layoff Notice to 1,400 Workers
(Atlantic City) -- Notice has gone out that more than 1,400 employees could face layoffs at Atlantic City's Trump Plaza Hotel and Casino.

3/12/2013

article Layoff warning filed for Trump Plaza in Atlantic City
(Atlantic City) -- A mass-layoff notice has been filed for Trump Plaza Hotel and Casino, warning that more than 1,400 employees could lose their jobs as the casino...

3/11/2013

article As Sale Looms, Are Trump Plaza Jobs Safe?
(Atlantic City) -- With unemployment in Atlantic City finishing last year above 20 percent, there are questions if the proposed sale of the worst-performing casino could...

2/25/2013

article Owner plans to market Trump Plaza in Atlantic City with Grand Sierra in Reno
(Reno) -- The news of the sale of Trump Plaza Hotel and Casino came from far-away Atlantic City, but it’s bound to have an impact close to home for the Reno-Sparks...

2/24/2013

article Owner plans to market Trump Plaza in Atlantic City with Grand Sierra in Reno
(Reno) -- The news of the sale of Trump Plaza Hotel and Casino came from far-away Atlantic City, but it’s bound to have an impact close to home for the Reno-Sparks...

2/21/2013

article Meruelo Group racing to improve Trump Plaza for tourist season
(Atlantic City) -- The low-profile Downey company that is buying the aging landmark Trump Plaza hotel and casino in Atlantic City, N.J., for a bargain-basement $20...

2/17/2013

article Group buying Atlantic City's Trump Plaza plans to spend more than $100 million on upgrades
(Atlantic City) -- The California development company that is buying Trump Plaza Hotel and Casino for the low price of $20 million plans to spend more than five times...
article Location, Location, Location
(Atlantic City) -- The long decline of Trump Plaza apparently ended last week with Trump Entertainment announced it had sold the Atlantic City property to the Meruelo...

2/16/2013

article BRENNAN: Atlantic City casino sale prices low – but is that so bad for the city itself?
(Atlantic City) -- Here’s a second-day look at the pending sale of Trump Plaza for another remarkably low price. For all of the negative news coming out of...
article Buyer has big plans for Trump Plaza's future
(Atlantic City) -- The California company that paid the bargain-basement price of $20 million for Atlantic City's Trump Plaza says Internet gambling will be part of...

2/15/2013

article Trump Plaza Hotel and Casino sold to California company for only $20 million
(Atlantic City) -- Trump Plaza Hotel and Casino, Atlantic City’s poorest performing property, is being sold to a California development group for just $20 million.
article Trump Plaza sale could pave way for rebound, observer says
(Atlantic City) -- With the Trump Plaza slated to be sold to a California investment group for a bargain price, backers of the Boardwalk property may be hoping it...
article What's in store for Trump Plaza?
(Atlantic City) -- Absent in Thursday’s announcement about the sale of Trump Plaza casino-hotel to Southern California-based Meruelo Gaming Holdings LLC was any...

2/14/2013

article Trump CFO speaks about deal to sell Plaza Hotel
(Atlantic City) -- The Trump Plaza is set to be sold. The casino announced Thursday a deal to be purchased by Meruelo Gaming Holdings LLC, a company that owns the Grand...
article Trump Plaza sold for bargain-basement $20 million
(Atlantic City) -- Trump Plaza, the Boardwalk centerpiece of Donald Trump's one-time Atlantic City empire, was sold Thursday to a California company for $20 million...

2/4/2013

article Donald Trump to sue Bill Maher after bet feud
(California) -- Donald Trump filed a lawsuit Monday in California against liberal comic Bill Maher, suing him for $5 million after Trump says Maher did not follow...

1/31/2013

article Trouble on the green
(Florida) -- When Donald Trump took over the Doral Golf Resort & Spa last year, he said he had two choices.

1/28/2013

article D.C. turns down Donald Trump's request for tax break
(Washington D.C.) -- District of Columbia officials are requiring Donald Trump's organization to pay millions in local property taxes to redevelop the Old Post...

1/12/2013

article Trump Entertainment Says CEO to Succeed Lasry as Chairman
(Atlantic City) -- Trump Entertainment Resorts Inc., operator of two casinos in Atlantic City, New Jersey, said Chief Executive Officer Robert Griffin will take up the...

1/11/2013

article Trump Entertainment chairman resigns from board
(New York) -- The billionaire New York hedge fund manager who led the $225 million bankruptcy buyout of Trump Entertainment Resorts is resigning as the casino company...

12/26/2012

article Donald Trump and state kill Jones Beach catering hall
(New York) -- Trump on the Ocean is dead. Donald Trump and state parks officials have agreed that the developer's proposed and controversial $24 million Jones Beach...

12/4/2012

article The Long-Awaited Trump Panama Casino Is A Go
(Panama) -- As if Trump Panama didn't already have enough going on (the one-year-old hotel has quickly become a top destination in Panama City, and there are reports...

11/25/2012

article Why investors have reservations about Trump tower
(Toronto) -- Build it well and they will come. That appears to be the philosophy of Val Levitan, chief executive officer of Talon International Development Inc., the...

11/21/2012

article Trump Hotel’s troubles mounting as sales tactics face probe
(Toronto) -- Developers of Toronto’s Trump International Hotel & Tower were given explicit instructions by the Ontario Securities Commission back in 2004 not...

11/16/2012

article Trump steakhouse in Las Vegas fails inspection
(Las Vegas) -- A Las Vegas Strip restaurant bearing the initials of celebrity financier Donald Trump was briefly shut down after health inspectors found violations...

9/7/2012

article Trump tower on Las Vegas Strip sells some 300 units as timeshares
(Las Vegas) -- Donald Trump’s gold-colored high-rise near the Las Vegas Strip will no longer be just a condo/hotel tower: It’s now a condo/hotel/timeshare...

9/6/2012

article LOOKING BACK: How the Trumps struck Klondike gold
(Alaska) -- There’s not much left of Bennett Town today: just the old wooden church high up above the blue water of Lake Bennett and the empty mountains and sky...

8/17/2012

article Donald Trump, local bully
(Scotland) -- Anthony Baxter's indie film, "You've Been Trumped," which premiered in theaters in the US this month is continuing to cause a stir...

6/13/2012

article Donald Trump vs. Steve Wynn: The Inside Story of Their ‘War at the Shore’
(Atlantic City) -- Fans of Boardwalk Empire know that Atlantic City was a hotbed of intrigue, corruption and drama during the Prohibition era. In The War at the Shore,...

5/31/2012

article Jon Stewart Mocks Donald Trump's Birther Conspiracy Claims (VIDEO)
(Washington D.C.) -- With Mitt Romney and Barack Obama locked in as the candidates to beat this upcoming election, things are looking pretty bland in terms of comedy...

5/29/2012

article CILLIZZA: Mitt Romney’s losing gamble on Donald Trump
(Washington D.C.) -- Late last week Mitt Romney’s campaign unveiled its latest fundraising gambit: Donate just $3 and you are eligible to have dinner with reality...
article Romney, on His Big Day, Finds Himself Upstaged
(Las Vegas) -- It was supposed to be a day of triumph for Mitt Romney, when he would at last formally claim the Republican presidential nomination with a victory in the...
article Trump sticks with 'birther' argument, Romney sticks with Trump
(Washington D.C.) -- Donald Trump did not back down on Tuesday from his questioning of President Barack Obama's birthplace, keeping the issue alive on the day he is...
article Wolf Blitzer To Trump: ‘You’re Starting To Sound A Little Ridiculous’
(Washington D.C.) -- Donald Trump called into CNN Tuesday hours before he was scheduled to hold a fundraiser with Mitt Romney. The topic of Trump’s continued...

5/28/2012

article POLITICS: George Will, Donald Trump trade insults
(Washington D.C.) -- After George Will dubbed Donald Trump a “bloviating ignoramus,” the real estate mogul shot back by calling the columnist the “...

5/25/2012

article Trump fiasco Romney’s biggest blunder by Philip Klein
(Washington D.C.) -- Mitt Romney made the biggest blunder of his candidacy today – at least so far. Previous missteps have mainly involved him making badly worded...

5/21/2012

article Trump card on its last legs in Atlantic City
(Atlantic City) -- Donald Trump once was the biggest name in Atlantic City – but times have changed, and now one Trump hotel has been renamed and another is on the...

5/19/2012

article Trump Entertainment announces Trump Plaza is for sale
(Atlantic City) -- Call it Trump Entertainment’s version of a garage sale. Virtually everything in the Trump casino empire is up for the taking — except the...

5/6/2012

article Legalizing casinos in New York won't hurt gambling in Atlantic City, Donald Trump says
(New York) -- The Donald is betting that legalizing casinos in New York won’t hurt Atlantic City. Despite sluggish revenues for the Jersey casinos, real estate...

5/5/2012

article BLOG: Trump’s NJ cards
(New Jersey) -- One thing I’ve come to conclude about Donald Trump is that he may be the most famous person on earth who is willing to chat with ink-stained media...

3/27/2012

article Trump’s tower of trouble: anatomy of a financial fiasco
(Florida) -- For Donald Trump, it was a stunning landmark of the 21st century: a luxury high-rise shaped like an ocean liner and bearing his name that would turn Fort...

11/26/2011

article Trump no more, Golden Nugget polishes own brand
(Atlantic City) -- The thousands of "Trump" references are gone from hotel doors, corridors and the sides of the building, along with the hundreds of thousands...

10/28/2011

article Trump Teams With Avenue's Lasry in Online Gaming Venture
(New York) -- Donald Trump and New York hedge-fund manager Marc Lasry want a seat at the virtual poker table if online gambling is legalized in the U.S.

10/20/2011

article Atlantic City Trump casinos choosing operating partner to help launch online gaming operation once it's legal
(Atlantic City) -- The city’s two Trump casinos are preparing for Internet gaming. Trump Entertainment Resorts Inc. is in the final stages of selecting an...
article Donald Trump: Internet Gambling Mogul
(New York) -- With the U.S. casino industry making a hard push to pass federal online gambling legislation, it is no surprise that Donald Trump has plans to seize the...
article Donald Trump: US should legalize Internet betting
(New York) -- Donald Trump sees money — lots of it — flowing away from him. That, he said, needs to change. The real estate mogul and founder of an Atlantic City casino...
article Trump Plaza lowers table game minimums
(Atlantic City) -- The ongoing economic doldrums being experienced by Atlantic City's gaming industry may be no fun for casino operators, but it continues to be a...

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