Quote (EndlessSky @ Feb 15 2022 05:38pm)
A firm with the purpose of making money leaves when there is a chance they won't make money from a deal?
Interesting take. Accounting firm's don't like being lied to.
"We write to advise that the Statements of Financial Condition for Donald J. Trump for the years ending June 30, 2011 - June 30, 2020, should no longer be relied upon and you should inform any recipients thereof who are currently relying upon one or more of those documents that those documents should not be relied upon," the letter to Trump's namesake company said.
"We have come to this conclusion based, in part, upon the filings made by the New York Attorney General on January 18, 2022, our own investigation, and information received from internal and external sources," said the letter. "While we have not concluded that the various financial statements, as a whole, contain material discrepancies, based upon the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate."
Due in part to our decision regarding the financial statements, as well as the totality of the circumstances, we have also reached the point such that there is a non-waivable conflict of interest with the Trump Organization. As a result, we are not able to provide any new work product to the Trump Organization."
This post was edited by said_aouita on Feb 15 2022 05:38pm