Thank you to @morningmika, @JoeNBC, and @WillieGeist for having me and @Fahrenthold on @Morning_Joe today to talk about the Trump family’s financial future.
A few thoughts:
A few thoughts:
As @fahrenthold has reported, the Trump business has real financial problems. Banks are running. washingtonpost.com/politics/trump…
But, as I noted, the Kushners—thanks to Trump’s pardon of Charles Kushner—are now extremely liquid and ARE very bankable. A couple of my sources say the idea of the Kushners buying the Trump assets is now being seriously discussed. They may just strip his name off the properties.
As for Ivanka, my sources say she’s guilty by association. The only retailer that is likely to be stocking Ivanka Trump is Overstock.com. And now that the Trump brand is tarnished, her only option may be a political one.
Sources tell me Jared’s political future is more questionable. His four years of fame was due to the fact that he was in proximity to the president. That is now over, and all of his buddies in the Middle East may have much less use for him going forward.
And one last thing: I was speaking with one of Trump’s brokers yesterday about how Doral is the most problematic for Trump because it has a recourse loan on it, meaning he has personal liability there. For him, that is a big problem—and it’s something we all should be watching...
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