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 final Friday, with each accusing the other of selling out some portion of Atlantic City for their gain. The war of words started after Sweeney took part in protests with union employees from the Trump Taj Mahal, protests of which Icahn proved to become a target that is major.
As we reported earlier this week, those protests were made to fight against a Trump Entertainment want to bust out of the contract and cut pensions and benefits for workers to be able to cut costs and keep the casino open.
The company says that the casino will have to close on November 13 unless numerous concessions are granted to it, like the cutbacks in worker benefits and $25 million in help from hawaii, along with a reduced income tax assessment.
Workers Blame Icahn
But Icahn turned out to be a major figure in the protests. The protesters demonstrated near the Tropicana, which can be owned by a group led by Icahn, and numerous see him as the real threat to the huge benefits and wages offered by their present positions. In bankruptcy court, Trump Entertainment has required permission to turn its venue over to Icahn by converting the financial obligation he holds in the co Continue reading “Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future”