Carl Icahn accuses New Jersey State Senate President Stephen Sweeney of selling 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 last Friday, with each accusing the other of selling out some portion of Atlantic City for their particular 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 major target.
As we reported earlier this week, those protests were built to fight against a Trump Entertainment plan to break out of a contract and cut pensions and benefits for workers in order to cut costs and keep the casino open.
The business claims that the casino will need 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 taxation assessment.
Workers Blame Icahn
But Icahn turned out to be 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 true threat to the advantages and wages made available from 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 company „Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future“ weiterlesen