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Cowboy200009

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Cowboy200009

Re: None

Friday, 01/22/2010 11:05:54 AM

Friday, January 22, 2010 11:05:54 AM

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Icahn makes winning bid for bankrupt Fontainebleau - This may definitely make has cash flow a little tougher for Trump Casino's.
Aside from the actual purchase I have heard alot more money needs to be spent on the bankrupt Fontainebleau to make it viable going forward! I think he has means and know how to make it work but again it will put pressure on his financial position either way.

http://www.reuters.com/article/idCNN2015881120100120?rpc=44

I guess time will tell both how it affects him with that casino as well as his ability to push more into his combined Trump bid! I think it will have affect on both his outlook as well as his position and want to do so.

Just my thought! Good Luck to everyone!

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