The Donald Offers To Buy The Donald's Mess
Donald Trump, master of financial smoke and mirrors, has offered to buy Trump Entertainment Resorts Inc. out of bankruptcy.
Some may remember that a few months ago, The Donald threw his hands up in disgust, quit the TER board of directors and severed all ties with the company that bears his name.
Now, in the middle of Trump Entertainment Resorts third spin of the bankruptcy wheel in recent memory, The Donald wants back in.
If there ever was an argument that directors and executives should be held responsible when they drive their companies into a ditch at the expense of bondholders and investors... Donald Trump is it.
How many chances should this guy have at the helm of Trump Entertainment Resorts before the NJCCC or whatever regulatory agency decides such things says "Don... you're fired."
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