More Trouble for The Donald
Donald Trump can't seem to go a day without running into a financial crisis of some sort. His Chicago condo project has been in trouble for months now; a few weeks ago, his Atlantic City casino empire filed for bankruptcy; and just last week a Trump-branded apartment building in Mexico went bust, leaving buyers who put down deposits out in the cold. Today's news: The Trump International Hotel & Tower in Las Vegas is in trouble, according to the Journal, which says that three-fourths of the buyers in the condo-hotel have failed to close contracts. And there's bad news closer to home today, too: He's now in arrears for failing to pay rent on the site of his planned "catering hall-restaurant" at Jones Beach. Guess we'll have to just hope that Ivanka's jewelry line is doing a bit better so she can support her dad in his old age. [WSJ, Newsday]