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Icahn Responds to Picketing Taj Mahal Employees

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At a Thursday protest, union employees from Atlantic City, N.J.’s Trump Taj Mahal had an angry message to deliver to billionaire Carl Icahn, the Wall Street Journal reported on Saturday, and now, the employees have their answer. In a letter posted to his website, the activist investor argues that he’s “not fighting against the employees” of the Taj Mahal, who had their medical and pension benefits cut as part of the beleaguered casino’s bankruptcy. Instead, Icahn says, “I am fighting for those employees — fighting to save their jobs in the midst of a wholly unstable crisis.” Icahn, who, as the largest secured lender to the Taj Mahal, control’s the casino’s fate, blames the “catastrophic circumstances” facing Atlantic City for the cuts employees have faced. He also details at length why the union’s health care plan had to be cut, and why he believes providing health plans under the Affordable Care Act or Medicaid are an adequate solution.