Sunday, November 30, 2008

Liquidity problems at the casino that Donald Trump built



Trump Entertainment to miss interest payment

CHICAGO (MarketWatch) -- Facing tough competition and sliding revenue amid the economic meltdown, Trump Entertainment Resorts will have to skip a $53.1 million interest payment scheduled for Monday on its 8.5% senior secured notes due 2015 in order to maintain sufficient liquidity.


full article



also read - Is Donald Trump a Millionaire?