What's a few more zero place holders on the bankruptcy filing?
To: vpFREE@yahoogroups.com
From: gleng4444@comcast.net
Date: Wed, 19 Jan 2011 17:06:27 +0000
Subject: [vpFREE] Re: Is the Palms going to be taken over by Caesars Entertainment Corp.?
Way back when Steve Wynn and Donald Trump were competing for rights to build what ultimately became the Borgata in AC, Wynn reportedly said, "No one with a negative net worth (meaning "The Donald")should get a license to own a casino."
Modern private-equity financing methods have largely mooted that point about owner solvency, but I do wonder if a company that can't even afford to finish its new Caesars Palace tower should try to add more Vegas casino properties in the current economic environment.
The GMan
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--- In vpFREE@yahoogroups.com, "cb_ray" <cb_ray@...> wrote:
> Last night at Harrah's I was talking with someone with Caesars Entertainment Corp. about the rumor that *****Caesars can take them over like they did with PH."
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