Donald Trump Now Offering Legal Advice To Barclays

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Back in July, Barclays was hit with a major lawsuit by New York Attorney General Eric Schneiderman, who alleged the bank "favored high-frequency traders in its dark pool and then lied to clients about their participation in the trading venue." It wasn't a great look for the Brits and it came at an especially awkward time for chief executive officer Antony Jenkins, who was supposed to be making the place less fraud friendly than it was under his predecessor. And while the bank has its own lawyers on payroll, who have already responded to the charges, one guy who knows from lawsuits has chosen to offer his unsolicited counsel nevertheless.

Donald Trump is looking to defeat “sleazebag” New York state AG Eric Schneiderman, and he’s taken it to the bank. The feisty developer — and possible future Buffalo Bills owner — wrote a venomous letter about Schneiderman, which On The Money has seen, to Barclays Chairman David Walker upon hearing the news that the bank was in the AG’s crosshairs. The Donald told Walker he should not settle with the “lightweight” Schneiderman [...] “I highly recommend not settling,” Trump wrote, imploring the banker not to take the tack of JPM chief Jamie Dimon, who has “settled case after case for billions, while protesting innocence.” “If he (Dimon) had fought, especially for the money he gets paid, he would be sued far less and would not be considered an easy mark,” Trump added.

Anyway, give him a call at 1-800-ESQ-UIRE if you want to talk about this further or have been injured at work or by exposure to asbestos.

Donald tells Barclays chief to fight Schneiderman [NYP]

Related: So You’re Saying Lying To Clients About High-Frequency Trading Wasn’t Part Of New Barclays CEO’s Turnaround Plan?; Barclays: Attorney General Not Sophisticated Enough To Understand How Our Dark Pools Work

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Donald Trump Offers How-To-Guide Re: Dealing With Disgruntled Employees Turned Whistleblowers

Got an unhappy employee (or former employee) on your hands who's decided to channel his or her anger by penning an Op-Ed in a major publication detailing egregious acts being committed at your firm and/or going to the Feds with allegations of fraud? Not sure how to handle the fallout? Why not take a page from Donald Trump's playabook? He found himself in a similar situation with regard to Sheena Monnin, a first-year Miss Pennsylvania who "resigned her crown" over the weekend, claiming that the Miss USA pageant is "rigged." Here's how Don dealt with the matter and how anyone thinking about taking a more hands-on approach to dealing with disgruntled employees might too: Threaten to sue. “We’re going to bring a lawsuit against this girl,” Trump, who co-owns the Miss Universe Organization with NBCUniversal, told NBC’s “Today” show co-anchor Ann Curry on a phone interview; he used similar language in a phoner with George Stephanopoulos on ABC’s “Good Morning America.” Note that you've already conducted a thorough investigation into the employee's claims and that your internal probe has revealed them to be baseless. Monnin announced Tuesday on her Facebook page she was turning in her tiara after she: “Witnessed another contestant who said she saw the list of the Top 5 BEFORE THE SHOW EVER STARTED proceed to call out in order who the Top 5 were before they were announced on stage. Apparently the morning of June 3rd she saw a folder lying open to a page that said 'FINAL SHOW Telecast, June 3, 2012' and she saw the places for Top 5 already filled in.” “They've done an investigation," Trump said today. "I just found out about it -- they just reported to me about five minutes ago. The person that supposedly showed the list totally denies that that ever took place.” Suggest, by saying outright, that the outburst can chalked up to the fact that this person didn't receive the promotion she thought she deserved. Make it clear that she was not partner material. Sixth-year VP material at best. Asked his first impression of Monnin, Trump said, “I saw her there. My impressions were she didn't have a chance of being in the Top 15 -- not even close. And all this is, is a girl who went there, lost, wasn't in the 15, and she's angry at the pageant system. Later, he added, “I never felt she had a chance. And all this is is buyer's remorse.” Donald Trump says he’ll sue ex-Miss Pennsylvania over her claims of Miss USA fraud [WaPo]