Business

Trump vs. Icahn in NJ court

Real-estate mogul and reality TV star Donald Trump yesterday slammed rival billionaire Carl Icahn in a New Jersey courtroom, calling him a cheapskate who wouldn’t spend $3 to revive his beleaguered business.

“Carl spends nothing,” the 63-year-old business magnate said at a bankruptcy hearing in Camden, to decide the fate of bankrupt Atlantic City casino operator Trump Entertainment Resorts.

“If Carl spent $3 I’d be shocked,” he said, according to Reuters.

Trump has teamed up with hedge fund Avenue Capital and other creditors to seize control of the company.

On the other side is Icahn, who has joined forces with Texas banker Andy Beal, who’s owed billions by Trump Entertainment.

US Bankruptcy Court Judge Judith Wiznur gets to decide who gets the company, which owns the Trump Taj Mahal, Trump Plaza and Trump Marina.

Trump testified that Avenue and the bondholders will go to Atlantic City “with a very large pot of money” and spend it to build “first-class casinos.”

“I’d just like to say we have spent billions and billions of dollars, so I don’t know where [Trump] gets those numbers from,” Icahn told The Post in response to Trump’s comment about him. He cited investments like Federal Mogul, Kerr-McGee and ImClone as evidence he’s no cheapskate.

Icahn presented his version of events in a video submitted to the court earlier this week.