Trump’s power broker resigns and sells stock one day after exposé reveals he’s a massive slumlord

The move came late Friday, one day after Reveal published an exposé on the company he founded. According to a filing with the Securities and Exchange Commission, Barrack sold all his stock in Colony Starwood Homes and resigned his position as co-chairman of its Board of Trustees.

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Barrack first signaled his intention to sell in a filing with the SEC on Wednesday, a week after Reveal contacted the company for comment andfive days after Reveal talked to Barrack by phone, telling him directly that we planned to publish an investigation into poor conditions and mass evictions by Colony.

Barrack hung up when told that many of the dozens of homes Reveal visited were “falling apart.” Representatives from Colony Starwood Homes also declined to be interviewed for the story and provided a statement that did not address questions about Barrack’s leadership of the firm.

via Daily Kos Trump’s power broker resigns and sells stock one day after exposé reveals he’s a massive slumlord

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