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Trump CEO: Marina Still For Sale

By Chuckmonster on Wednesday, 27th October 2010 2:56pm
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Incoming Trump Entertainment Resorts CEO Robert Griffin told New Jersey Regulators that Trump Marina is still for sale and that under his leadership the company is looking to expand to diversify its holdings beyond the confines of Atlantic City.

We believe there are a lot of distressed assets out there beyond Atlantic City. Atlantic City is the core of the company, but for any one company to put all its eggs in one basket is dangerous.

Finally, a Trump hires a CEO with a vision beyond pacifying the Donald and his queue of creditors. That being said, vision without the liquidity to make it happen is little more than a Bozo without a wig.

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Local paper reports today that sale to Golden Nugget is about to close, sometime this month (Feb).

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