In what appears to be preparation for bad news from Robert Mueller and company, Tony Podesta has resigned from the very company he founded, The Podesta Group. Almost immediately after learning of Paul Manafort being indicted by a grand jury, Tony Podesta appears to have started distancing himself from The Podesta Group in an effort to spare the company from further embarrassment lest any charges be brought to light.
Tony Podesta worked extensively with Paul Manafort in the past and became a target of the special counsel when the investigation started reviewing finances of those linked to the 2016 Presidential election. The Podesta Group and Paul Manafort worked hand-in-hand on public relations campaigns for the European Centre for a Modern Ukraine in 2012. Since the investigations into Russian meddling was launched in the beginning of 2017, many clients of the Podesta Group have cut ties after learning the company was under scrutiny by the special counsel. Since the investigation has ensnared The Podesta Group, the lobbying firm has been in a death spiral resulting in a 14% loss in revenues to date.
As NBC News reported, The Podesta Group filed their FARA registration only after media reports outed their payments for lobbying on behalf of a foreign government; in this particular case it was India.
Since there has been no evidence of collusion on the Trump campaign’s behalf, it would stand to reason why the special counsel has shifted their focus to matters that took place long before the election; matters that have nothing to do with the 2016 Presidential election nor the ensuing victory of President Donald Trump.