Trump Hotels & Casino Resorts acquires the Taj Mahal: Outcome

Reporting and findings

1. documented

   Public shareholders became exposed to the acquired property's operating and debt risks while Trump received the negotiated consideration.

   • U.S. Securities and Exchange Commission: Trump Hotels & Casino Resorts 1996 Form 10-KBusiness, acquisitions, debt, compensation, and related-party sections
   • 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