Replies to post #18214 on Excel's Coffee Shop (ECS)

[trkyhntr]

The company also said it has been in negotiations with Local 54 of the Unite-HERE union on cost-cutting measures it says it needs to survive, but that the union has rejected them. Bob McDevitt, the union president, said that Trump Entertainment wanted union members to surrender their health insurance and pension plans, something he rejected. McDevitt said that even if the union agreed to those concessions, they would only total $11 million per year, which would hardly make a difference in the company's finances.

Obviously it will be much better for those union employees not to have jobs than it would be for them to have jobs without health insurance and a pension plan. I wonder if the union members actually had a say in this and understand that when the business goes under there will be no pension or health benefit anyway? The union president has probably taken care of himself pretty well.

What I wonder is, given that the house makes the rules so that they always win in the end, how does a casino end up so far in debt?