Last week, we reported that New York City Mayor Bill de Blasio said, “The city of New York will no longer have anything to do with The Trump Organization” and they were severing contracts.
We also noted that the PGA announced it had canceled its contract with the Trump National Golf Club in Bedminster, N.J., Deutsche Bank announced it would no longer do business with Trump’s company, and Signature Bank said it would begin to close Trump’s personal bank account. Also, Cushman & Wakefield, the real estate company, said they informed the Trump family they would no longer work with them in leasing properties.
New Week, New Dumps
Morgan Lewis & Bockius, the law firm that worked on Trump and his company’s taxes while he was in office, announced last week it was “transitioning” its limited representation to other counsel, The Wall Street Journal reported.
The report said the company has been dealing with New York Attorney General Letitia James’ office in a civil rights probe into Trump’s financial dealings. Her office is investigating if the Trump Organization intentionally misrepresented the value of its assets, according to NY1.
Seyfarth Shaw, another law firm, said it would no longer represent the Trump Organization on other matters, the report said.
Mayor Bill de Blasio announced earlier this month that the city would cut business ties with the Trump Organization after the riot at the Capitol.
TREND FORECAST: Faced with mountains of debt, lawsuits, and now impeachment proceedings, Trump’s potential to form a “Patriots Party” and run for office again will be greatly diminished. Thus, we do not forecast a new episode of The Donald starring in The Presidential Reality Show.®
