The union can't bully Carl Icahn. He's from Queens!

Not less than that's what he stated in an open letter to the union Native 54, which represents on line casino staff in Atlantic Metropolis, N.J., the place 4 casinos have closed this 12 months and eight,000 staff have misplaced their jobs.

“I grew up on the streets of Queens,” wrote Icahn, one of many best-known activist buyers. “I realized to struggle bullies and that was nice coaching as a result of I later constructed my fortune combating the institution – ​​particularly CEOs and boards of administrators who I felt had been benefiting from shareholders.”

Icahn stated he was going to take a position $100 million within the Trump Taj Mahal to stop it from turning into the following on line casino to go bankrupt.

Nonetheless, he stated he would solely accomplish that if the union agreed to surrender well being care advantages.

To this point the union has refused.

Icahn stated he would pay every worker an additional $2,000 and they’d be eligible for Obamacare or Medicaid.

(Though Icahn calls it the Trump Taj Mahal, the on line casino now not bears Donald Trump's identify.)

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Icahn stated the union is delaying the deal.

“The Taj Mahal is rapidly working out of cash and can nearly definitely shut,” he wrote. “It’s reprehensible that as a substitute of working with the corporate to maintain the Taj Mahal alive, the union is doing all the things it could possibly to destroy the chance to avoid wasting the roles of just about 3,000 staff.”

The Taj Mahal on line casino is operated by Trump Leisure Resorts and can be not owned by The Donald. The corporate additionally owned Trump Plaza On line casino, additionally in Atlantic Metropolis, which went bankrupt.

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Icahn stated the Taj Mahal was shedding $7 million a month.

“I stated my basic rule is to not throw good cash after dangerous,” Icahn stated. Nonetheless, if the corporate might win the union's concessions, “I’d take into account doing my half,” he wrote.

The union was not instantly obtainable for remark.

CNNMoney (New York) First revealed October 24, 2014: 10:40 AM ET