Trump Deadline Passes: Donald Trump’s Thursday midnight...

Trump Deadline Passes: Donald Trump’s Thursday midnight deadline to make a $47.3-million interest payment passed with no word on whether he was able to work out a deal with bondholders who invested in his Taj Mahal casino. Bondholders’ representatives have threatened a Chapter 11 bankruptcy filing for Atlantic City’s biggest casino as early as today. At press time, there were no signs whether the developer and the holders of $675 million in junk bonds were near an agreement to restructure the debt. The Trump Organization was saying very little. Telephones at Trump’s New York headquarters went unanswered late Thursday.