Taj Mahal high-yield bond financing: Audit finding

Reporting and findings

1. documented

   The casino opened on financing that created a documented repayment burden, and that burden preceded its restructuring.

   • The Washington Post: Trump's bad bet: How too much debt drove his biggest casino agroundFinancing, analyst warning, contractors, bankruptcy, and bondholders
   • The New York Times via U.S. House Judiciary Committee record: How Donald Trump Bankrupted His Atlantic City Casinos, but Still Earned MillionsPages 2-9: financing, related transactions, bankruptcies, and outcomes
   • U.S. District Court for the District of New Jersey via Justia: In re Donald J. Trump Casino Securities LitigationBond offering, disclosed risks, asserted omissions, and disposition