New York Attorney General Letitia James dropped a bombshell in a court filing yesterday, revealing a letter dated February 9, 2022 from the Trump Organization’s longtime accounting firm, Mazars, in which it formally severed its ties to the company. Importantly, Mazars instructed that the “Statements of Financial Condition” for the 10 year period from June 2011 through June 2020 “should no longer be relied upon” by the company or by those to which it provided the statements, including presumably lenders, insurers and tax authorities. It based its decision on case filings by James’s office, its own investigations, and “information received from internal and external sources.” It went on to state that the firm now has a “non-waivable conflict of interest with the Trump Organization” and is “not able to provide any new work product” to the company.
Good article! It's unlikely that Mazars will be able to emerge from the unscathed. It's possible that bankruptcy is in their future IMO. I guess they were like "going belly up is better than going to jail"
So THAT'S why Eric (the Dumber) Trump was close to shedding tears on Sean Hannity last night. I guess his 500 5th's at his deposition last year didn't help one little bit. The ship is nearly sunk. Will Melania be the next to grab a dinghy?
And FoxNews hasn't written any articles at all about it. That's very telling.
If the past is any guide, a lawsuit against Mazars by *trump will be announced shortly, though, of course, he is in no position to be suing anyone. Probably his main source of income now is his "Save America' fundraising (which really amounts to a legal defense fund), and judging from its increasingly frequent and desperate texts and emails (which I receive about ten times a day), he's in dire financial straits, regardless of his accumulated war-chest. But we're all still waiting for the veritable centipede of "other shoes to drop"!
When I read Mazars statement last night, and then the Trump Org's spin on it, I could not stop laughing. I'm like, in what universe do they live that THIS is an exoneration?? LOL
I just don't understand how anyone could believe this letter "vindicates" him. Oh yea, because his true followers believe whatever he says no matter how little sense it makes.
Good article! It's unlikely that Mazars will be able to emerge from the unscathed. It's possible that bankruptcy is in their future IMO. I guess they were like "going belly up is better than going to jail"
if it smells like a rat ... well, you know. great article jay!
So THAT'S why Eric (the Dumber) Trump was close to shedding tears on Sean Hannity last night. I guess his 500 5th's at his deposition last year didn't help one little bit. The ship is nearly sunk. Will Melania be the next to grab a dinghy?
And FoxNews hasn't written any articles at all about it. That's very telling.
Thanks for the great article. The cesspool is about to overflow.
If the past is any guide, a lawsuit against Mazars by *trump will be announced shortly, though, of course, he is in no position to be suing anyone. Probably his main source of income now is his "Save America' fundraising (which really amounts to a legal defense fund), and judging from its increasingly frequent and desperate texts and emails (which I receive about ten times a day), he's in dire financial straits, regardless of his accumulated war-chest. But we're all still waiting for the veritable centipede of "other shoes to drop"!
Ooh...this is going to be an ugly divorce. The bigger they are, the harder they fall! I'm here for it!!
I'm curious how this will really hit the Trumps though -- aren't they collecting millions from the sheep? Can't that money be used to pay the debt?
When I read Mazars statement last night, and then the Trump Org's spin on it, I could not stop laughing. I'm like, in what universe do they live that THIS is an exoneration?? LOL
I just don't understand how anyone could believe this letter "vindicates" him. Oh yea, because his true followers believe whatever he says no matter how little sense it makes.
"Tainspin"
And as I read on Facebook, TFG will need a lot of luck finding a new accounting firm.
Oh my, the plot thickens and not in a way that has any good outcomes for the former president.
So happy that the trumpers are really going to be prosecuted!!