![]() But it was his orchestration of a casino-industry bubble - flouting local regulation, building the Taj with $700 million in junk bonds at 14 percent interest, defaults, bankruptcies - that got the city into this mess. ![]() Trump no longer has controlling interest in any Atlantic City corporation, having retreated in 2010 after his third bankruptcy there, so it’s easy for him to beg off the city’s current failures. It’s been confounding to see him hit the campaign trail, riling up voters with the promise of economic success, when I’ve spent my life witnessing the way he built his slipshod empire on the backs of his workers and left it there to come tumbling down the moment they squirmed. Throughout my childhood, Trump was a blowhard bogeyman figure, a name synonymous with aggressively claiming credit for any success in the vicinity, and bailing when things go wrong. ![]() ![]() My parents both worked in the casinos my mom was assigned seniority number 13 of the 500 cocktail waitresses hired to staff the Taj when it opened in 1990. For an Atlantic City native like me, it’s a bitter pill to swallow. ![]()
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