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March 28, 2004

Donald Trump: You're fired!

To those who know about his business affairs, Donald Trump has always been more successful as a self-promoter than as a businessman, particularly for those who invest in his projects. This NY Times article reports on the ongoing negotiations between Mr. Trump and the bondholders on his lagging Atlantic City casino properties. Unless Mr. Trump gives up control of the properties, it appears that they are headed for bankruptcy, which would almost assure that Mr. Trump would lose control.

Posted by Tom at March 28, 2004 7:08 AM

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