Trump Ruling Could Spur New York Business Exodus
19th February 2024
New York businesses may leave the state following New York Supreme Court Justice Arthur Engoron’s historic $364 million verdict against Donald Trump, top financial services executives tell the New York Post.
They already considered the New York State Attorney General’s Office a major obstruction to doing business, starting with New York AG Elliot Spitzer, aka the sheriff of Wall Street. Despite forcing financial firms to fork over billions, Spitzer’s cases primarily focused on minor offenses.
The office has liberally used state laws, such as the Martin act, for political advancement, according to the Post.
In the cases against Trump and former Gov. Andrew Cuomo, New York AG Letitia James has taken Spitzer’s strategies to a new level, Wall Street executives say.
Time to leave.