Thursday, April 01, 2004

At some point on our glorious and expensive dive vacation, Glenn speculated that Donald Trump was deliberately looking for a lot of positive exposure with "The Apprentice" because his business must be in trouble. I don't know how he does it, but Glenn is right again [transcribed from the NPR audio broadcast]:
Real estate titan Donald Trump, known as a consummate dealmaker, desperately needs a deal to avoid losing his gambling empire to bankruptcy. . . . Donald Trump needs $400 million, and he needs it fast.

I heard on NBC that he owns half the show and gets $375,000 per episode, but I don't think he'll be getting bailed out from "The Apprentice." According to the radio report, he is trying to restructure his debt, which will involve him having to give up control of the casino hotels business.

UPDATE: As usual, I'm behind the times. USA Today reported on Trump's gambling operations' dreadful performance 3 weeks ago.

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