Former U.S. President Donald Trump once personified New York’s wealth, power and brash ambition. With Manhattan skyscrapers bearing his name in big gold letters, he symbolized the success that could be achieved in his hometown.
Now, if the state attorney general has her way, he will never be able to do business in New York again.
That’s among the penalties New York Attorney General Letitia James is seeking in the sweeping suit she filed Wednesday accusing him of inflating his asset values by billions of dollars to obtain favorable loan terms and other financial benefits. She is also seeking to permanently ban his three oldest children — Donald Trump Jr., Ivanka Trump and Eric Trump — from running any New York corporation, potentially denying him a business legacy in the state.
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