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Donald Trump is betting people still want to gamble at casinos, and so are others -- shares of Trump's company soared 41% in after-market trading following Trump's testimony yesterday in U.S. Bankruptcy Court. Trump is fighting for control of the three Atlantic City hotel-casinos that bear his...
Once again, the Big Apple may be ahead of the trend. Manhattan real estate mogul Elie Hirschfeld expects the New York real estate market to recover before other areas of the country as overbuilt office space is absorbed and properties are snapped up in distress and foreclosure sales.
Donald Trump's vanity glossy magazine, titled (surprisingly enough) Trump Magazine, is no more, the latest setback for the self-proclaimed business genius. This is the third iteration of Trump's publication. Publisher Niche Media sure sounded confident when the magazine re-re-relaunched in January...
Not surprisingly, now that banks have lifted the moratorium on foreclosures, the number of foreclosures jumped dramatically in March. Nationwide, 804,000 homes received at least one foreclosure-related notice in the first quarter, up from about 650,000 in the same time period last year. But I...
Are the Atlantic City boardwalk casinos about to topple like a stack of dominoes? The three Trump properties -- the Taj Mahal, Trump Plaza, and Trump Marina -- are in trouble, on their way to bankruptcy or worse. And Resorts, the original boardwalk casino, is facing foreclosure....
It seems like a day for hubris and comeuppance in the corporate world. Dethroned New York governor Eliot Spitzer may be starting a "vulture fund," to make investment in distressed real estate projects. Meanwhile, Kenneth Lay's widow settled some fuss over her distressed real estate, a dispute over...
In what could probably be construed as an act of war, the United States is unleashing The Donald on the friendly folks from down under. This November, The Chump will be heading to Australia for a series of "Think Like a Billionaire" seminarsThe Age reports that while promoters declined to say how...
The San Francisco Chronicle reports that Ivana Trump -- the former Mrs. Donald and mother of Ivanka, Donald Jr. and Eric -- failed to pay a $145,216 tax bill because of all the excitement surrounding her $3 million wedding to Rossano Rubicondi.According to The Daily Dish, "Trump was named and...
As you may have noticed, I scour the internet several times a month with one goal in mind: finding stories that reinforce my distaste for Donald Trump.This week, I have three for you -- all in one post!First, in an interview with Martin Bashir of Nightline, Trump said that his confidence has...
In my weekly quest to find at least one bloggable item to serve a vehicle for mocking Donald Trump, I bring you this: Donald Trump runs afoul of 1672 Scottish law.It seems that the Donald has been using an emblem with three lions and a fist holding an arrow to promote his proposed golf resort in...

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