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Politics : Ask Michael Burke

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To: Pogeu Mahone who wrote (123387)	7/2/2010 2:10:00 PM
From: Knighty Tin	Read Replies (1) of 132070

Of course, if it goes belly up, it probably doesn't lose even one day of wagering. The new owners (debt holders) are certainly not going to get more revenue by shutting it down. Trump takes some of his casinos down fairly regularly to jettison the junk debt. Often, he "rescues" these entities that are his in name only. Not an ethical way of doing business, but a profitable one. money.cnn.com

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