He led a moment of silence among the otherwise rowdy 200 or so picketers on the Boardwalk outside the casino. "This didn't have to happen," he said. "To (Icahn), it's all just business. But to us, it's destroying our livelihoods and our families. You take away our health care, our pensions and overload the workers, we just can't take it." Of course, it would not have happened if the business had some hope of returning to profitability, however as a result of the union's inability to move on key expense items, the outcome was the worst possible one for all parties. Still, the Union was seemingly happier with that conclusion than continuing to work under previous conditions. Bob McDevitt, president of Local 54 of the Unite-HERE union, said virtually all of the striking workers feel the same way. "Everybody has their Popeye moment: 'That's all I can stands; I can't stands no more,' " he said. "The workers made a choice that they weren't going to accept benefits and terms of employment worse than everyone else's. I applaud them: For the first time in 30 years, workers stood up to Carl Icahn and made him throw in the towel." That said we doubt Carl Icahn will shed any tears: the billionaire investor reached his limit on Aug. 3, when he determined the $350 million he had lost investing in, and then owning, the Taj Mahal was enough.
For the original version including any supplementary images or video, visit http://www.zerohedge.com/news/2016-10-10/carl-icahn-shuts-trump-taj-mahal-after-26-years-operation-3000-union-workers-lose-th
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