Former US Attorney: Trump’s Settlement Has Begun

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Former US Attorney Harry Litman said the New York trial touches the heart of Trump’s brand and shows that his day of reckoning has begun.

Video of Litman on TBEN: White House:

Litman said on MSNBC’s TBEN: White House:

So a lot of people are screaming for Trump, the person in an orange jumpsuit. It may never happen even if he is convicted, but to the extent that Trump is the brand, you know, equated with him the way he wanted it, this is an absolute cannon shot against the Trump brand and I think it’s basically indefensible from their side.

Yes, there are some difficulties with the burden of proof and such, but I don’t see how you bring this case before a jury, just listen to what he said at the top of this segment here, a jury would abhor him, on top of that the lower burden of proof and the wildly inflated ratings.

This is truly an existential threat to what comes second to his physical person, and that is the Trump brand. Now, in the past and in history. This is – I would say, the future is, as it were, now. Everyone is waiting for the things I think given the kind of deadly threat this is to the brand itself, we are now in the period where a reckoning has begun.

New York AG’s civil lawsuit may turn into a criminal case, but the civil case itself is a huge problem for the Trumps because it has the potential to destroy the Trump brand and cut off the family’s access to cash. Trump is not rich with a lot of money in the bank.

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Trump’s business model is based on real estate loans and appraisals. If New York forbids Trump from getting a loan from a bank registered in the state, that cuts his cash flow. If Trump’s real estate is suddenly well appraised, his wealth will go out the door.

The reckoning for Donald Trump may not be jail time, but total destruction of the brand he has built and financial ruin.

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