Trump Wall Street Allies Want To Do Some Firing, Avoid Getting Fired

Irony abounds in the Age of Trump, and nowhere more abundantly than within his inner circle. And so we find a close associate of a man who is president today because he used to gleefully fire people on television now in danger of (it has to be said) a rather gleeful firing at the hands of the very activist investors Trump’s SEC is trying to silence.

“With Mr. Barrack’s track record and personal issues, no reasonable, fiduciarily-aware public company Board of Directors would select Mr. Barrack as C.E.O. of Colony or any other public company today.”

Whatever could the angry shareholders at Blackwells Capital possibly be talking about? Anyway, there’s more to their dislike of Barrack than the fact that he’s (almost) never met an accused sexual predator he didn’t like (and want to give money to).

Blackwells claims that Mr. Barrack “destroyed more than $775 million in just nine months….” Mr. Barrack has already announced plans for a successor, Marc Ganzi, in 2021. But Blackwells says that is not fast enough and noted that Mr. Ganzi is a personal friend of Mr. Barrack’s.

Barrack thusly may be quite grateful for Jay Clayton’s recent interventions on behalf of those dogged by activist investors. His fellow Trump buddy, Carl Icahn, is less so, but that has something to do with the fact that it is Carl Icahn who demands the firings, and not the other way around. And rarely in his centuries of agitation has he found a group more deserving of dismissal than pretty much anyone associated with Occidental Petroleum. In fact, everywhere he turns there, he finds more people he wants out.

+263 242 744 677

4 Gunhill Avenue,

Trump Wall Street Allies Want To Do Some Firing, Avoid Getting Fired