Trump now stuck with financial 'babysitters' who will 'change his image': legal expert
February 16, 2024
Former President Donald Trump is now on the hook for hundreds of millions of dollars after a brutal ruling in the civil fraud trial in New York. But there's a lot more at stake for the former president than having to return the more than $350 million he gained by falsifying details of his assets.
Another issue, said former prosecutor Kristy Greenberg during an appearance on MSNBC on Friday, is the fact that the corrective actions that will be enforced on the Trump Organization will tarnish what's left of his public image.
"How does it matter?" asked anchor Ari Melber.
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"I think it matters in a lot of ways," said Greenberg. "Donald Trump's whole image is about being this incredible businessman and also tied up in being all about New York and a symbol of New York and Wall Street thriving. This really puts the light to that and shows that, no, in fact, his company was a mess, and not just was, is currently a mess."
"That's why this independent monitor has been extended for three years, because she put out a report just three weeks ago that there are still all kinds of inconsistencies and errors in his disclosures," Greenberg continued. "They're going to have a compliance officer. They don't have a compliance department at this company. He's going to have babysitters. The person who has 'The Art of the Deal' now needs a babysitter to make sure they're doing things appropriately."
The bottom line, she added, is that "it totally changes his image."
Watch the video below or at the link right here.