INVESTIGATIONS/TRUMP PEOPLE: “Thomas J. Barrack Jr., the chairman of President Trump’s inaugural committee, is under pressure from an activist investor to resign as chief executive of Colony Capital, a real estate investment firm he founded. Blackwells Capital sent a searing letter to Colony on Tuesday [11-26-19], demanding that Mr. Barrack be replaced after Colony’s stock price plunged over the last three years. The investment firm also cited two federal investigations of the inaugural committee, calling them a distraction for Mr. Barrack…Blackwells listed several reasons for Mr. Barrack’s ouster, including an ill-fated three-way merger in 2017 with NorthStar Asset Management and NorthStar Realty Finance that Mr. Barrack orchestrated.”
–Andrew Ross Sorkin and Gregory Schmidt, “Thomas Barrack, a Trump Confidant, Is Targeted by an Investor,” The New York Times online, November 26, 2019