The Financial Times interviewed 35 people who actually know what the hell they’re talking about, and summarized their views. (Most of them spoke anonymously.) I quoted extensively from the FT’s reporting in the immediately preceding post. I would like to add a few points.
First, while it’s clearly correct to view Trump’s actions against the law firms as thuggish extortion, it is, nevertheless, an odd form of extortion.
It’s as if Joe Bonanno didn’t want money or anything of much economic value—he just wanted you to go out in public and kiss his ring, and then he would leave you alone.
Second, as long as some firms are resisting—and they are—and as long as the courts are standing firm, Trump’s extortion stands on legally shaky ground. That implies several things, including (i) if Trump’s demands become impossible to meet, Paul Weiss can always do a 180, and (ii) if and when it becomes too hot to be seen kissing Trump’s right, Paul Weiss can also do a 180. Not saying they will. Not saying when they will. I’m saying it’s a distinct possibility.
A propos the question of which side of history you want to choose: Trump and Musk humiliated themselves in the Wisconsin state Supreme Court election; Republican margins drastically diminished in two red districts in Florida; and Trump is about to cause a recession with his tariffs.
Third, for some people, the love of big money is akin to heroin addiction or gambling addiction. For those folks, if forced to choose between keeping their big money and acting dishonorably or giving up some of their money in order to do the right thing, it’s not really a choice.
For others—as the FT article makes clear—it’s now a choice between making a lot of money while choosing the wrong side of history, versus making somewhat less money but saving your soul.
Some people will actually want to save their souls. Others will choose the right side when it becomes highly unpopular to pick the wrong side. As is just about to happen.
Facing MAGA 