Carl Icahn accuses New Jersey State Senate President Stephen Sweeney of attempting to sell out Atlantic City by supporting a north Jersey casino.
Business mogul Carl Icahn and 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 very own gain. The war of words started after Sweeney participated in protests with union workers 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 designed to fight against a Trump Entertainment want to bust out of the contract and cut pensions and benefits for workers in order to cut costs and keep the casino available.
The organization says that the casino will have to close on November 13 unless numerous concessions are granted to it, including the cutbacks in worker benefits and $25 million in aid from their state, along with a reduced taxation assessment.
Workers Blame Icahn
But Icahn became a major figure in the protests. The protesters demonstrated near the Tropicana, that will be owned by a group led by Icahn, and numerous see him as the true threat to the huge benefits and wages made available from their current positions. In bankruptcy court, Trump Entertainment has required permission to turn over its venue to Icahn by transforming the financial obligation he Read more “Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future”