Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future

Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future

Carl Icahn accuses brand 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 words last 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 be a target that is major.

As we reported earlier this week, those protests were built to react against a Trump Entertainment intend 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 claims that the casino will have to close on November 13 unless many concessions are granted to it, such as the cutbacks in worker benefits and $25 million in aid from hawaii, along side a reduced tax assessment.

Workers Blame Icahn

But Icahn became a figure that is major the protests. The protesters demonstrated near the Tropicana, which will be owned by a group led by Icahn, and numerous see him as the threat that is true the huge benefits and wages provided by their current positions. In bankruptcy court, Trump Entertainment has required permission to turn over its venue to Icahn by transforming the financial obligation he holds in the company into ow Continue reading Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future