Reuters reports: Trump Entertainment files for bankruptcy.
Trump Entertainment Resorts Inc, the casino operator named for Donald Trump, filed for bankruptcy protection on Tuesday as recession and declining gambling revenues battered the company and its rivals.
The Chapter 11 filing marks the third plunge into bankruptcy for the company, which was created out of a restructuring in 2005.
Trump, a very public and flamboyant figure in an industry filled with colorful, headstrong executives, said the company represents less than 1 percent of his net worth, and that "my investment in it is worthless to me now."
BTW, it should be entertaining to note that his father (who built the famous "Trump" fortune) would be positively spinning in his grave.
Oh, and good luck to all the bozos living in all the various Trump Towers. Every single one of those corporations is probably in fuck-a-holic-pre-pubescent-bankruptcy.
Oh, and the EE doesn't own a tee-vee. So how does that phrase go again?
YOU'RE FIRED!!!
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