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How much money did the investors in trumps casino lose
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At one point, trump owed $3. He was personally on the hook for more than $800 million. Pomerantz said investors lost big while trump claimed the tax benefits for himself: "by. Trumpers losing life savings investing in truth social. Trump hotels and casino resorts, a holding company for the trump plaza in atlantic city and a gary, indiana, riverboat casino venture, went public in 1995. In recent interviews, mr. Trump has said that with each financing he routinely took money out of the casinos to invest in manhattan real estate. Total debt on the taj exceeded $820 million. But thanks to the enormous debts trump built up, the casino went belly up just a few years later, and the payment never came. In 1993, trump plaza casino sold more than $100 million in junk bonds and "more than half of the new money went to pay off mr. Trump’s unrelated personal loans What is bonus casino, how much money did the investors in trumps casino lose.
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