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Atlantic City Hotel Union Says No to Carl Icahn

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Mark Melin
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Carl Icahn’s lovability was tested in Atlantic City, NJ, recently and he didn’t come out the winner.

Casino co-workers engage in civil disobedience against Carl Icahn's plan

Casino workers in the coastal town plan to engage in civil disobedience as they oppose a plan by billionaire activist hedge fund investor Carl Icahn to reduce their pay and benefits.  Local 54 of the Unife-Here union says it expects sa many as 30 of its members to be arrested as they plan on blocking traffic on the Atlantic City Expressway, AP is reporting.

Trump Entertainment Resorts, owner of the Taj Mahal hotel, says they will shutter the facility on Nov. 13 unless the union agrees to pension plan and health...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.