Former President Trump’s longtime accounting firm has cut ties with Trump and his companies, according to a Monday court filing from New York Attorney General Letitia James.
I learned as a lawyer working in a mid-sized firm that there’s virtually no conflict of interest that can’t be waived in the interest of retaining a client’s business. There must really be a fire raging in the dumpster under all this smoke in order to Mazars to boot their client of many years.
Mazars is like a bookie who has come to the conclusion the horse they were pushing is lame and they’re trying to cut their losses before anyone tries to call them on the bullshit.
Would you say that even with cutting ties, there may be professional liability on the part of Mazars? This “may” make them more cooperative, but will they escape either legal or professional sanctions??
the Trump Org’s financial statements from 2011 to 2020 “should no longer be relied upon.”
Mazars will immediately stop working for Trump, the letter says.
It was a good long run while it lasted, longer than most Broadway shows. Now they have more time to spend with their lawyers.
Which took down Enron’s accountants, then one of the world’s leading firms, with it. Genuine question: are we supposed to believe that Mazars didn’t know Trump was lying regularly and serially? Like, for example, they didn’t know that Trump tripled the square footage of his own apartment in order to claim triple ($300 mil) its actual market value? How is Mazars not in big trouble now? Or are they?
We are pretty much forcing him to to run for Pres again. It’s going to be his only hope. Imagine what a lowly outcome that will be for American democracy.