Trump Hotels & Casino Resorts

Trump Hotels & Casino Resorts Files Bankruptcy, Trump Removed as CEO

| Importance: 7/10

Trump Hotels and Casino Resorts, the publicly traded company that operated Trump’s Atlantic City casino empire, filed for Chapter 11 bankruptcy protection on November 21, 2004, unable to make a $73 million interest payment due November 1. The company was drowning in approximately $1.8 billion …

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