Taj Mahal debt restructuring: Audit finding

Reporting and findings

1. documented

   The restructuring contradicted the launch's financial-success promise. The casino kept operating and Trump retained an ownership interest.

   • The American Presidency Project: Republican Candidates Debate in Cleveland, OhioExchange about Trump-controlled companies' bankruptcy filings
   • U.S. Bankruptcy Court for the District of New Jersey via CaseMine: In re Trump Taj Mahal AssociatesBankruptcy filing date, plan, and case history
   • 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