{"id":299,"date":"2009-02-21T16:40:00","date_gmt":"2009-02-21T20:40:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/blogs\/dmckee\/index.cfm\/2009\/2\/21\/Trump-The-end"},"modified":"2019-12-05T09:39:07","modified_gmt":"2019-12-05T17:39:07","slug":"trump-the-end","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/trump-the-end\/","title":{"rendered":"Trump: The end"},"content":{"rendered":"

So Trump Entertainment Resorts<\/strong> has such little worth that it’s facing delisting<\/a>, having become quite literally a penny stock. In a move described as “petulant,” not only is Donald Trump<\/strong> taking his ball and going home, he wants the name of the company changed.<\/p>\n

He claims he could have done better, had he simply been allowed to exercise his incomparable casino mojo … but this emperor’s been naked for the better part of a decade. As for the “wasteful spending” he decries, one can only guess he’s referring to the capital improvements at Trump Taj Mahal<\/strong> (the sort of thing Trump himself could rarely be bothered with) which have goosed business there substantially.<\/p>\n

The already discounted sale of Trump Marina<\/strong> to Richard Fields<\/strong> (who hasn’t lined up the dough and recently liquidated his Manhattan pied-a-terre<\/em>) looks shakier than ever — and it was not a deal that inspired confidence to begin with. Trump’s tantrum could easily kill it outright<\/a>. Fields’ company is hemming and hawing ominously<\/a>. And if that sale doesn’t come through, one analyst predicts a “death spiral” for TER.<\/p>\n

View the video at CNN.com<\/a><\/p>\n

Bloviation alert: Trump disses own casinos, says they’re not worth beans.<\/em><\/p>\n

Meanwhile, the Trumpster is engaging in a little revisionist history<\/a>, complaining that the company hasn’t diversified outside Atlantic City<\/strong>. Oh, its various incarnations have tried. A Trump-branded riverboat in Gary<\/strong>, Ind. (now Don Barden<\/strong>‘s Majestic Star II<\/em>) enjoyed an early vogue, then went into steep decline. A Trump tribal-casino-management arrangement in California<\/strong> was short-lived. An effort to get in on the Philadelphia<\/strong> market went nowhere, except to court. As always with Trump, when in doubt … sue!<\/p>\n

Contrary to Trump’s ever-bombastic contentions, things are not coming up roses for him elsewhere<\/a>, either. (On a personal note, I balked at purchasing an otherwise appealing necktie at Filene’s Basement because it bore the Trump moniker on the reverse. Would you call that “negative brand equity”?)<\/p>\n

About the only good thing that’s come out of Trump’s insufferable TV series, The Apprentice<\/em>, is that the mainstream media finally began paying attention to the thing of smoke and mirrors that was Trump’s casino kingdom.<\/p>\n","protected":false},"excerpt":{"rendered":"

So Trump Entertainment Resorts has such little worth that it’s facing delisting, having become quite literally a penny stock. In a move described as “petulant,” not only is Donald Trump taking his ball and going home, he wants the name … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,83,42,14,95,20,17,38],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/299"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=299"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/299\/revisions"}],"predecessor-version":[{"id":25524,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/299\/revisions\/25524"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}