Today in deal history: Trump Hotels plans Ch. 11 filing

Aug. 10, 2004: Long before Philadelphia and New York state approved slots parlors, and the state of New Jersey imposed a partial smoking ban on Atlantic City casinos, Trump Hotels & Casino Resorts Inc., the precursor to still troubled Trump Entertainment Resorts, was teetering on the brink of bankruptcy. The problem Trump Hotels was facing three years ago was its debt load. "The company had been doing well, but we had been paying junk bond interest rates," Donald Trump said at the time. —Matthew Wurtzel

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