Don - You're Fired - The World According to Nick

Saturday, August 14, 2004

Don - You're Fired

In the ultimate bit of irony in NBC's fall programming schedule, Donald Trump's Hotel and Casino empire is going bankrupt:

It looks as if the Donald is unable to roll anything but craps with his casinos.

Since April, Trump has been trying to salvage the money bleeding Trump Hotels & Casino Resorts (NYSE: DJT), but now is taking a drastic step by entering into Chapter 11 bankruptcy next month simply to keep the company afloat as it drowns under a torrent of debt.

That hasn't stopped NBC from keeping Don on for another season of The Apprentice though. Does Donald have any right to tell people who would make a good business person if he can't keep the biggest piece of his own empire solvent?

Posted at 1:31 PM by Nick | | |

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