Index/People/Carl Icahn

Carl Icahn

American businessman

Fact-Checks

15 results
Dec 2, 2025
Most Viewed

What led to the financial decline and bankruptcy of Trump’s Atlantic City casinos?

Donald Trump’s Atlantic City casino operations filed for Chapter 11 multiple times and ultimately collapsed under heavy debt, repeated restructurings, declining profits versus competitors, and changin...

Dec 3, 2025
Most Viewed

When did each Trump-owned Atlantic City casino open and close?

Donald Trump opened three Atlantic City casinos: Trump Plaza (opened May 14, 1984), Trump Taj Mahal (opened 1990), and Trump Marina/Trump Castle (opened earlier in 1981 as the Playboy — later acquired...

Nov 22, 2025
Most Viewed

Which Trump businesses filed for bankruptcy and what happened to their assets afterward?

Donald Trump’s business entities have gone through multiple Chapter 11 reorganizations tied largely to his casinos and hotels in the 1990s and two later corporate restructurings in 2004 and 2009; repo...

Dec 14, 2025

What role did Trump's casinos and hotels play in his bankruptcy filings in the 1990s and 2000s?

Donald Trump’s casino and hotel businesses were central drivers of multiple Chapter 11 reorganizations from the early 1990s through the 2000s: three Atlantic City casinos and the Plaza hotel figure in...

Oct 2, 2025

How did Donald Trump's ownership of the Trump Plaza Hotel and Casino affect the Trump Taj Mahal's financial performance?

Donald Trump’s ownership of the Trump Plaza and Trump Taj Mahal contributed to a pattern of financial stress across his Atlantic City properties, with both casinos experiencing sharp revenue declines ...

Dec 3, 2025

How much did Trump personally profit from his Atlantic City casino ventures?

Donald Trump controlled multiple Atlantic City casinos from the 1980s through the 2000s; reporting and regulatory records show his casino company never had a consistently profitable public record, yet...

Nov 25, 2025

Which creditors were owed money in each Trump corporate bankruptcy and how much?

Available reporting in the provided sources lists between four and six Trump-related corporate bankruptcies (most commonly four Chapter 11 filings are cited) but the sources do not provide a comprehen...

Nov 22, 2025

What were the financial consequences for investors in Donald Trump's Atlantic City casinos?

Investors in Donald Trump’s Atlantic City casino ventures suffered repeated losses as the casino company restructured and filed for bankruptcy multiple times (1991–2014), converting creditor claims an...

Oct 28, 2025

How does Trump's bankruptcy history compare to other major business leaders?

Donald Trump’s business entities are reported in the provided material to have used Chapter 11 bankruptcy multiple times; the accounts disagree on whether that number is and on specific corporate circ...

Jan 10, 2026

How did bankruptcy reorganizations of Trump hotels differ from those of his casinos?

Bankruptcy reorganizations of Trump’s hotels tended to be resolved as individual Chapter 11 restructurings in which Trump surrendered equity or voting control to lenders while sometimes retaining exec...

Jan 2, 2026

How much of the Taj Mahal did Donald Trump own before the 1991 bankruptcy?

Contemporary reporting and later summaries of the 1991 Chapter 11 reorganization indicate that Donald Trump surrendered roughly half of his personal ownership stake in the Trump Taj Mahal to bondholde...

Dec 5, 2025

What business decisions and investments accelerated the decline of Trump’s Atlantic City casinos?

Donald Trump’s Atlantic City casinos declined after a mix of heavy leverage, overexpansion, falling revenues and changing market conditions; regulators and reporting show Trump’s casino arm carried he...

Nov 26, 2025

What was the outcome for creditors and investors after the 1991 Trump Taj Mahal bankruptcy?

In the 1991 prepackaged Chapter 11 for the Trump Taj Mahal, bondholders agreed to restructure roughly $675 million in high‑yield debt in exchange for equity—effectively taking about half the casino’s ...

Nov 21, 2025

How have Trump's business partners, investors, or companies he licensed his name to fared in bankruptcy proceedings?

Donald Trump’s businesses and ventures have been connected to multiple Chapter 11 reorganizations (not personal bankruptcies) — commonly cited are the Taj Mahal , Plaza Hotel , Trump Hotels & Casino R...

Oct 2, 2025

How did Donald Trump's other business ventures impact the financial situation of the Trump Taj Mahal casino?

Donald Trump’s other Atlantic City ventures and financing decisions materially worsened the Trump Taj Mahal’s financial position by increasing leverage, diverting management focus, and producing a pat...