Latest Breaking News On - July 1991 - Page 2 : comparemela.com

steve persky took over at the casino control commission in 1990. he remembers when trump s father fred tried to rescue his son by buying $3 million in chips. fred trump s lawyer was handed that value in chips and took the chips out of the casino. you could call it a $3 million loan. the problem was the loan was against the rules and the casino was fined. even worse, it was nowhere near enough. in july 1991, under crushing debt, the taj mahal filed for chapter 11 bankruptcy. stiffing investors and forcing small businesses to accept pennies on the dollar for their work. when he filed the bankruptcy proceeding, hundreds and hundreds of companies, individuals and companies that were punished because they chose to do business with donald

Fred wasn tCasino control commissionSteve persky3 millionTaj mahalChapter 11 bankruptcyJuly 1991Donald john trumpBankruptcy proceeding