Connect with us

Hi, what are you looking for?

Jewish Business News

Real Estate

Union Workers Protest Icahn’s Saving Trump Casino over their Dead Contract

Local 54 of the Casino Workers Union

The saga surrounding the attempt by billionaire investor Carl Icahn to take over the bankrupt Trump Taj Mahal casino in Atlantic City, and possibly save it, continues. A few days ago, workers from Local 54 of the Casino Workers Union protested in front of Icahn’s New York offices in opposition to his attempts to reopen the casino without their union contracts in place.

Last October, a bankruptcy judge agreed with the investor’s argument that the need to pay millions in health and pension benefits to the hotel’s workers made it impossible to save it. The judge allowed the nullification of the union contract which required said benefits.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Valerie McMorris, a cocktail server at the Taj Mahal for 25 years, told AP “I feel like we made our point. We were loud and proud on the street right in front of his offices.”

The workers gave Mr. Icahn a letter which said, in part, “You may be someone who came up through the streets of Queens, and you may see yourself as the underdog fighting against entrenched corporate executives. But this time, you aren’t fighting executives with multimillion-dollar salaries and expense accounts. This time you are fighting housekeepers, bartenders, food servers, bell people, cooks and cocktail servers. This time you aren’t fighting for the little guy, you are fighting the little guy.”

Icahn defended himself against accusations that he did not care about the working class people. In an open letter he wrote, “I am fighting for those employees — fighting to save their jobs in the midst of a wholly unstable crisis — and my efforts are being mischaracterized and attacked by a union that exploits those employees for its own gain, ” Icahn wrote

“The only reason the casino is still open, and the only reason you still have jobs, is because, against the advice of almost all of my advisers, I agreed to provide the Taj Mahal with as much as $20 million in additional loans, ” he added.

About the union contract he said, “The truth is that those work rules are from a bygone era when Atlantic City was booming. Today, with a struggling company in a rapidly declining industry, those work rules cannot be sustained.”



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.