Looks like The Donald has resigned from the board of the casino company that bears his name, ahead of a potential involuntary bankruptcy:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8VJv5VIsICs&refer=worldwide
[Insert Apprentice Joke Here]
Trump Ent market cap is in the $7.8 million range (!).
A bit more on the excellent Gaming Atlantic blog.
Comments
While I have some respect for Trump's business acumen, he has never run these casinos well and I think AC will be much better off without him in the long run. In the short run, its a crap shoot in AC and lots of companies are headed for bankruptcy
The last I looked the stock price was .22 cents/share (seriously). Trump said he wanted his name removed from the company. What a loser.