His casino companies made four trips to bankruptcy court, each time persuading bondholders to accept less money rather than be wiped out. His casino companies made four trips to bankruptcy court, each time persuading bondholders to accept less money rather than be wiped out. During Trump's 13 years as chairman, the casino empire lost a total of $ billion, twice declared bankruptcy, and wrote down or restructured.
Bankrupt casinos VideoTRUMP CASINOS BANKRUPTCY - Trump Plaza Becomes Latest Atlantic City Casino to Close Do not leave yourself on the hook for loans. Critics and employees say Icahn is just pointing fingers. Many others were glad to see him go. We rate her claim Mostly True. View All Most Shared.
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