Carl Icahn is ready to put a ‘for purchase’ sign up at the Trump Taj Mahal, but before the Atlantic City property goes in to the MLS listings, the billionaire investor is first taking some time to lambaste State Senate President Stephen Sweeney (D).
The Trump Taj Mahal will no longer be the main Trump Entertainment Resorts brand, assuming billionaire Carl Icahn can find someone to purchase the Atlantic City resort.
Writing on his personal website, Icahn states of the Democrat, ‘A wise man once told me that the mixture of power and irresponsibility in just about any person is excessively dangerous. Sweeney is the quintessential evidence of that statement’s truth.’
Icahn shuttered the Taj Mahal last October after his company couldn’t come to terms with Unite Here neighborhood 54, the casino union that represented the resort’s bartenders, wait staff, cooks, housekeepers, and other service employees.
During Icahn’s negotiations with the workers that are local, Sweeney introduced legislation that sought to block casino owners from reopening venues they ‘substantially closed’ for a minimum of 5 years. The bill ended up being unquestionably fond of the billionaire, who numerous believed was scheming to resurrect the Taj in 2017 clear of union contracts.
After the town’s 5th casino in 3 years went dark, the latest Jersey Legislature passed Sweeney’s bill. Soon after, Icahn willingly forfeited his casin (more…)