Posted on 01/14/2021 5:52:05 PM PST by bitt
Banks, brokerages and the Girl Scouts have quit president’s business
The fallout for President Donald Trump and his family business after the Jan. 6 attack on the Capitol has not abated.
On Wednesday, the House of Representatives impeached Trump for a second time, setting the stage for a possible Senate trial in the coming weeks.
And a number of businesses and other organizations, from banks that lent to the president to the Girl Scouts, have cut ties with his family business, the Trump Organization. Even such longtime financial backers as Blackstone CEO Stephen Schwarzman condemned the president’s inflammatory language and the ensuing violence at the Capitol Building.
The Trump Organization — currently led by the president’s son, Eric Trump — was already facing headwinds before the attack on the Capitol. The company has more than $300 million in loans coming due in the next four years, according to the New York Times. Forbes pegged the company’s debt at $1 billion-plus. Thanks to pandemic-related closures and lockdowns, its resorts and golf courses laid off more than 1,300 employees in March and April.
The backlash to last week’s events may further stress the company’s finances — and it’s likely that more companies will seek to distance themselves from the business.
Here is a running list of the businesses that have cut ties with the Trump Organization:
(Excerpt) Read more at therealdeal.com ...
p
Meh. Once Trump starts his own social media site, he’ll be worth dozens of billions.
They are all in over a bunch of unconfirmed lies from the left. MANY people have listened to the President’s speech, which BTW..was still going on when the invasion of the capitol building started. So who REALLY invaded the capitol building? Why would Trump’s people leave in the middle of his speech?
This gets weirder, but the Truth will not carry any influence bc the mainstream has decided the only truth is their truth, let facts be damned!
I have yet to have ANYONE tell me what was “inflammatory “ and what he said that “incited insurrection.
Well, he does breathe, so there is that.
bfl
And 6 months later, they will all be doing business with each other again.
All of these “bans” are for show
Nothing more
I wonder how much money Trump has donated to the Girl Scouts over the years? How much money has he made for his bankers?
And financial services. He will catch up to Elon in short order when conservatives dump their banks and transfers their wealth to him.
I was a Boy Scout - these are like Merit Badges for President Trump
Here is a list of those dumping the above companies:
80 million Deplorables
List of companies to suspend payments to or potentially cease doing business with due to these companies suspending or stopping political contributions in order to punish those who voted to overturn the election, and or in response to the Jan. 6 protests at the capital.
Note: Report: Companies donated $170M to GOP election objectors
HALLMARK CARDS (stopped and seeking reimbursement) | |
AMERICAN EXPRESS (stopped) | |
AIRBNB (stopped) | |
AMAZON.COM (suspended ) | |
AMERICAN EXPRESS (stopped) | |
AT&T (stopped) | |
AMERICAN AIRLINES (suspended 3 months) | |
ARCHER-DANIELS-MIDLAND (agricultural commodity trader: suspended) | |
BEST BUY (stopped) | |
BLACKROCK (asset manager: suspended) | |
BLUE CROSS BLUE SHIELD (suspended) | |
BP (suspended six month) | |
CISCO SYSTEMS (stopped permanent) | |
CITIGROUP (suspended current quarter) | |
COMCAST (suspended) | |
COMMERCE BANK (stopped) | |
CONOCOPHILLIPS (suspended at least six months) | |
DELOITTE (consulting firm: stopped; will not) | |
DISNEY (stopped) | |
DOW Chemical(suspended) | |
EDISON INTERNATIONAL utility (suspended) | |
GENERAL ELECTRIC (suspended) | |
INTEL (stopped) | |
MARRIOTT INTERNATIONAL (suspended) | |
MASTERCARD (stopped) | |
VERIZON (suspended) | |
WALMART (indefinitely suspending) | |
FREEPORT-McMoRan (mining: suspended) | |
DUKE ENERGY (utility: suspended 30 days) | |
FIRSTENERGY (utility: suspended) | |
MORGAN STANLEY (suspended) | |
The following suspended all political donations, most in protest of the events of January 6: AMERICAN INVESTMENT COUNCIL, 3M, BANK OF AMERICA, CHARLES SCHWAB, CITIGROUP, COCA-COLA, FACEBOOK (through the first quarter), Ford, Google, G0LDMAN SACHS GROUP, HILTON, INVESTMENT COMPANY INSTITUTE, JPMORGAN CHASE (six months), LOAN SYNDICATIONS AND TRADING ASSOCIATION, MANAGED FUNDS ASSOCIATION, MARATHON PETROLEUM, MICROSOFT, SALESFORCE, SMITHFIELD FOODS, TARGET, TYSON, UPS, VALERO ENERGY, Visa |
Use 2ndvote.com to find conservative companies ...
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