Taj Mahal high-yield bond financing: Audit finding
Entities and roles
- America First Audit: Taj Mahal high-yield bond financingaudit case
- Donald J. Trumpcomparison subject
Claims and evidence
- analysisdocumented
The casino opened, but its financing created a documented repayment burden that 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