Sat 14 Feb 2009

Trump Abandons Sinking Ship

      Posted by Frank, 10:22 am et  

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Trump Quits Trump Entertainment as Debt Payment Deadline Looms

Feb. 14 (Bloomberg) — Donald Trump resigned from the board of debt-laden Trump Entertainment Resorts Inc. as bondholders weighed forcing the casino company he founded into involuntary bankruptcy next week.

“I have nothing to do with it. I’m not in it, I’m not on the board,” Trump, who was chairman, said in a telephone interview yesterday. He said he had “no idea” whether there will be a bankruptcy filing.

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"Trump Abandons Sinking Ship"
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