Richard Wilner, writing in the New York Post, has the skinny on the opening verbal warfare in the battle of Carl Icahn vs Donald Trump. They are fighting over The Donald’s bankrupt casino assets, including the Taj Mahal. Trump on Icahn: “(He) runs companies so badly that I think it’d be really bad for the…
Donald Trump
Dubai World & Bear Stearns: Coal Mine Canaries?
Click Image to Embiggen! The meme going around now is that the Dubai debt thing is only the start of a wave of sovereign defaults, including Latvia and Greece, coming soon. While this could be the case, I actually see a lot more similarities between what the Bear Stearns blow up ultimately meant to the…
Breakfast Links: Trump, Steinhardt & Sesame Street
Stuff I’m Reading this Morning… Paul Kedrosky found a good interview with trading legend Michael Steinhardt. (InfectiousGreed) Floyd Norris calls Trump‘s ability to raise more casino money the ultimate green shoot. (NYT) CTFC Chairman talks about limiting investment funds within energy markets. (DealBook) Another brilliant set of thoughts on the current market from David Merkel. …
Trump Brand Reaches It's Logical Endpoint: Snake Oil Sales
When you think of the word Health, what celebrity immediately springs to mind? Lance Armstrong? Nope. For me, it’s Donald Trump all the way. If you find yourself nodding in agreement while reading this, boy do I have a story for you! I’m minding my own business last night and into my gmail account pops…
What is Donald Trump Worth?
The question of what Donald Trump‘s net worth is may be like asking “what’s the meaning of life?“. The answer is different to everyone and the most interesting part of the question is the search for the answer, not obtaining the answer itself. Donald Trump’s true net worth, therefore, is unknowable. From the Wall Street…
Celebrity Apprentice: Trump Bankruptcy or Not, the Show Must Go On.
Donald Trump is one of the most interesting and iconic figures in the history of American business. He’s a billionaire and has an unmatched flair for marketing in the real estate world. That said, Trump should be admired from a distance…and don’t EVER go into the casino business with him. For the second time in…