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Donald Trump called. He wants his casinos back

After his Atlantic City casino chain rejected his buyout offer and descended into bankruptcy, Donald Trump and his daughter Ivanka resigned from the board and he proclaimed that he wanted nothing more to do with the company.

Let the back-tracking begin. The Associated Press reports that Donald Trump is making an offer to acquire the company out of bankruptcy with the backing of Dallas-based Beal Bank. His offer will have to beat out a competing offer made by the bondholders. Since neither offer was publicly filed with the bankruptcy court, it's hard to handicap the Donald's chances.

The Atlantic City casinos have filed for bankruptcy twice in the past five years, and have been unable to compete in the highly competitive market because of a crushing debt load.

Continue reading Donald Trump called. He wants his casinos back

CNBC goes easy on Ivanka Trump

Ivanka Trump -- the "executive vice president of development and acquisitions" of her daddy's company -- appeared on CNBC on Friday to talk about New York City real estate and The Trump Organization's plans. Referring to the tough financing situation, she said that "We're waiting for that to open up and then we'll be ready to pounce," she said. "We are very well positioned to take advantage of great opportunities."

She also said that the company had been conservative in its financing over the past few years -- which doesn't exactly explain why Deutsche Bank is suing her father over issues relating to a loan on a building in Chicago. Meanwhile Trump Entertainment Resorts (NASDAQ: TRMP) is missing interest payments and staring down bankruptcy. Oh, by the way, Ms. Trump is on that company's board of directors, but there was no mention of the fact that as she spoke the company's stock was trading at about 26 cents per share. When she joined the stock was trading at more than 20 times that price.

Like her father, Ms. Trump is full of optimism about The Trump Organization and how much better positioned it is than similar companies, no matter how bad the headlines seem to be.

That's her schtick: But it's disappointing that CNBC's anchors didn't hold her feet to the fire a little more.

Donald and Ivanka Trump opine on the financial crisis

In an interview with the Associated Press, Donald Trump and his daughter Ivanka opined on the meltdown in the financial markets. The Donald advised viewers to keep as much cash as they could so they would have the opportunity to take advantage of the terrific opportunities.

Should you care what Donald and Ivanka have to say about the financial crisis? Probably not, because it's just a bunch of cliches. And why exactly should we care what Ivanka says? Because she won the ovarian lottery and now works for her dad? Watch the video below and be sure to note The Donald's appearance.

ConAgra (CAG) hires Ivanka Trump to pretend to like microwaveable meals

Ivanka Trump -- the Prada-wearing daughter of real estate mogul turned motivational speaker Donald Trump -- is moving downmarket. ConAgra Foods (NYSE: CAG) announced yesterday that it its Healthy Choice brand is "partnering with Ivanka Trump , successful New York businesswoman, to change the way people think about eating lunch at work."

Yesterday afternoon, thousands of office workers gathered outside midtown Manhattan's Grace building to meet Ivanka Trump and test out Healthy Choice's new Fresh Mixers line of prepared meals. According to the company, fresh mixers are currently available in Sweet & Sour Chicken, Sesame Teriyaki Chicken, Ziti & Meat Sauce, Rotini & Zesty Marinara Sauce, Southwestern Style Chicken and Szechwan Beef with Asian Style Noodles.

Unfortunately at $3.49 per piece, they're probably out of the league of many of the financial district's top executives, newly impoverished by the collapse of the financial markets.

"I'm excited to be partnering with Healthy Choice on the launch of Healthy Choice Fresh Mixers because I know how difficult it can be to try to find a healthy lunch during a hectic day," said Ivanka Trump . "Healthy Choice Fresh Mixers are convenient, fresh-tasting and easy to store in my desk drawer so I never have to skip lunch."

Why do I seriously doubt that Ms. Trump will actually eat these things at anything other than promotional events? (If you feel like reading Ivanka's blog about lunch, click here.)

Ivanka Trump heads to Israel to check out real estate opportunities

Ivanka Trump -- the daughter of comedy icon Donald Trump and a director at his flailing casino company, Trump Entertainment Resorts (NASDAQ: TRMP) -- is back from a trip to Israel where she was scouting out possible investment opportunities.

In an interview with Haaretz.com, she said that it was her first trip to Israel and that she saw tremendous opportunities for investment in Israel. If you care about her opinions on the US market, she feels that "now is the time to buy" and that prices will "go right back up."

It was only a few years ago that the Israeli government established the laws to make real estate investments trusts available there. Excellence Investments' "REIT 1" became the first REIT to trade on the Tel Aviv stock exchange.

Once an Israeli REIT lists its stock on the US market as an ADR, American investors will have an easy opportunity to follow Ivanka into Israel.

Heir apparent: Ivanka Trump, heir to what exactly?

This post is one of several on business heirs apparent. Let us know in the comments whether you think about Ivanka Trump, and be sure to check out the other heir apparent posts.

Ivanka Trump, 26, daughter of Donald Trump, is an heir apparent to her dad's real estate and entertainment holdings. Her business title is the vice president of real estate development and acquisitions at the Trump Organization, which is a holding company for many of Trump's businesses (Trump's casinos are part of Trump Entertainment Resorts (NASDAQ: TRMP).

Ivanka, while arguably the most famous of Trump's children, isn't his only heir apparent. Her siblings Donald, Jr., and Eric are also currently executive vice presidents, according to Wikipedia. But she stands out as the one likely to claim the top job given her love of the limelight -- she is a frequent cover girl and has appeared on the Apprentice -- as well as her oft-proclaimed drive to succeed in business.

However, I for one am getting sick of all the talk about her heir apparent status. Money-losing casinos, licensing deals for everything from hotels to cologne, and a TV show that's been in rapid decline since the end of its first season? That empire? What's second prize, 50 shares of Bear Stearns?

Continue reading Heir apparent: Ivanka Trump, heir to what exactly?

Money Face-Off Big Winners: Oprah, Tiger Woods, Ivanka Trump, Erin Burnett

It's been three weeks since our Money Face-Off feature ran here at BloggingStocks and on AOL, offering you the opportunity to share who you though had the financial edge in a series of twenty head-to-head match-ups. So I thought I'd take another look and see how things have worked out.

It's hard to pick just one big winner. In terms of the largest lead over a rival, Ivanka Trump easily beats Paris Hilton with 89% of the vote. Others holding big leads over their opponents include Tiger Woods, Warren Buffett, Steven Spielberg, and Rupert Murdoch.

In terms of receiving the most votes, the clear leader is the Oprah Winfrey vs. Martha Stewart match-up, with just short of 150,000 votes. Other big vote getters were Tiger Woods vs. David Beckham, Rudy Giuliani vs. Michael Bloomberg, and Bill Gates vs. Steve Jobs. In terms of the liveliest discussions in the comments, the winners are Oprah Winfrey vs. Martha Stewart, Erin Burnett vs. Maria Bartiromo, and Bono vs. Angelina Jolie. Also check out the comments for the J.K. Rowling vs. J.R.R Tolkien, Tiger Woods vs. David Beckham, and Ivanka Trump vs. Paris Hilton posts.

As for the face-off posts here that got the most attention, the clear winner is Erin Burnett vs. Maria Bartiromo, with more than 13,000 hits. Lindsay Lohan vs. Britney Spears and Oprah Winfrey vs. Martha Stewart also attracted lots of readers.

Results for all the face-offs follow below, but keep in mind that the voting is still open. It's not too late to add your vote or let us know what you think.

Continue reading Money Face-Off Big Winners: Oprah, Tiger Woods, Ivanka Trump, Erin Burnett

Money Face-Off recap: Oprah and Tiger and Buffett, oh my!

It's been a week since our Money Face-Off posts ran here on BloggingStocks, and less than that since the Money Face-Offs were featured on the AOL welcome page, and the response has been terrific. Many of the face-off polls have had more than 50,000 votes, a couple of them approaching 100,000.

The biggest response came to the Oprah Winfrey vs. Martha Stewart match-up. So far, about 75 percent of respondents feel that Oprah is the more successful media magnate. Not that much surprise there, as Oprah's fans are legion. Interestingly, though, of the twenty-some comments the post has received, most of them are pro-Martha.

Another clear leader is Bill Gates over rival Steve Jobs. About three quarters of poll votes have gone his way, despite all the buzz recently about Apple Inc. (NASDAQ: AAPL) and the popularity of its products. Maybe readers are just happy that Gates is stepping down. Let us know what you think.

Alan Greenspan seems to be everywhere these days, promoting his new book, including Comedy Central's The Daily Show and NPR's Fresh Air. In our match-up of the current and former Fed chairs, Ben Bernanke vs. Alan Greenspan, more than 70 percent of respondents have voted for Greenspan. Comments to the post are mixed, but seem to me to focus on Greenspan, whether pro or con.

Continue reading Money Face-Off recap: Oprah and Tiger and Buffett, oh my!

Money Face-Off: Ivanka Trump vs. Paris Hilton

This post is part of our Money Face-Offs feature. Let us know who you think comes out ahead in this head-to-head match-up, and check out our other Money Face-Off posts.

How does one go about drawing a comparison between Paris Hilton and Ivanka Trump? In my estimation, although there a some mildly reasonable parallels between the two ladies, they are two significantly different people. It's difficult in this format to strip the comparison down to bare facts and then to build a picture of each woman's character and experience from there. So, what I shall try to do is give you just the basics to help you and then I'll leave you to determine which of these women you'd prefer to spend some time with. I'd be pleased if you would comment about which woman you would choose as a business associate, an employee, a national leader, or a life partner.

Continue reading Money Face-Off: Ivanka Trump vs. Paris Hilton

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Last updated: November 10, 2009: 12:06 AM

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