Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future



Carl Icahn accuses brand New Jersey State Senate President Stephen Sweeney of attempting to sell out Atlantic City by supporting a north Jersey casino.

Business Carl that is mogul Icahn New Jersey State Senate President Stephen Sweeney exchanged harsh terms last Friday, with each accusing the other of selling out some portion of Atlantic City for unique gain. The war of words started after Sweeney participated in protests with union workers from the Trump Taj Mahal, protests of which Icahn proved to become a major target.

Those protests were designed to fight back against a Trump Entertainment plan to break out of a contract and cut pensions and benefits for workers in order to cut costs and keep the casino open as we reported earlier this week.

The company states that the casino will have to close on November 13 unless many concessions are granted to it, like the cutbacks in employee benefits and $25 million in aid from their state, along with a tax assessment that is reduced.

Workers Blame Icahn

But Icahn proved to be a figure that is major the protests. The protesters demonstrated near the Tropicana, which is owned by a group led by Icahn, and many see him as the true threat to the advantages and wages provided by their current positions. In bankruptcy court, Trump Entertainment has required permission to turn over its venue to Icahn by converting the debt he holds in the company into ownership o 继续阅读Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future