trump organization and all trump s as clients, saying that the firm now has quote, a non wave-able conflict of interest with the trump organization. that conflict of interest has arisen in the investigation being conducted by the new york state attorney general. the mazars letter says that that investigation along with the firms own investigation means that the statements of financial condition for donald j trump, for the last ten years, quote, 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 specifies that the donald trump personal tax return that needs to be filed tomorrow was missing necessary information as of last week. the letter says quote, we
president. leading off our discussion tonight, tim o brien, senior columnist, he is the author of the book, trump nation. philip brought, near an attorney and contributor to mr. rutner, thank you very much for joining us. along with him, tonight. i want to begin with your legal analysis of the mazars letter to donald trump, dropping him as a client. thanks for having me, lawrence. my political analysis is that trump is in big trouble. you are right to focus on this issue. just look at what s happened. .. his accounting firm, for ten years, fired him. accounting firms don t fire their clients, especially their big clients. they cited a non wave-able conflict of interest, which means that they are adverse to him. they are no longer protecting him. they are protecting themselves.
defending trump, we learned that donald trump and melania trump are facing a deadline of tomorrow for filing personal income tax returns and the accounting firm that was preparing those returns dropped donald trump and melania trump as clients last week, and they are now refusing to work on those tax returns. that is how afraid the mazars accounting firm is afraid of handling any kind of trump document. new york state attorney general, letitia james, in a court filing today, it revealed that last wednesday he mazars accounting firm sent a letter to the trump organization, dropping the trump organization and all trump s as clients, saying that the firm now has quote, a non wave-able conflict of interest with the trump organization.
you are right to focus on this issue. just look at what s happened . his accounting firm, for ten years, fired him. accounting firms don t fire their clients, especially their big clients. they cited a non wave-able conflict of interest, which means that they are adverse to him. they are no longer protecting him. they are protecting themselves. they also warned off users that they could not rely on the financial information that trump has supplied. that is terrible in a business where your lifeblood is access to cash and loans from banks. there are outstanding bones that could be called on the basis of the accounting firm saying that the financial information supplied is no longer reliable. it could be almost impossible for trump to find new sources of cash because who is going to