Carl Icahn accuses brand New Jersey State Senate President Stephen Sweeney of selling out Atlantic City by supporting a north Jersey casino.
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Business Carl that is mogul Icahn nj-new Jersey State Senate President Stephen Sweeney exchanged harsh words final Friday, with each accusing the other of selling out some portion of Atlantic City for unique gain. The war of words started after Sweeney took part in protests with union workers from the Trump Taj Mahal, protests of which Icahn proved to be a major target.
As we reported earlier this week, those protests were designed to fight against a Trump Entertainment want to bust out of the contract and cut pensions and benefits for workers in order to cut costs and keep the casino available.
The company states that the casino will have to close on November 13 unless numerous concessions are granted to it, such as the cutbacks in employee benefits and $25 million in help from the state, along side a reduced tax assessment.
Workers Blame Icahn
But Icahn became a major figure in the protests. The protesters demonstrated near the Tropicana, that will be owned by a group led by Icahn, and many see him as the threat that is true the advantages and wages made available from their present positions. In bankruptcy court, Trump Entertainment has required permission to turn over its venue to Icahn by converting the financial obligation he holds in the company into own Continue reading