Page 208 - Restructuring News Today

It is absolutely a loan because its a payment for donald trump. this isnt just expenses like as rudy giuliani said getting a train ticket. this is an actual amount of money that was paid on donald trumps behalf by someone else. it was a loan. now, they have gotten really cute with structuring it in a certain way where they claim it is a retainer and any case he settles out of that retainer comes out of that and he keeps the rest. that is not how retainers work. it is cute that they have done tha...

Monday afternoon. >> eric: thank you so much.>> laura: turning to the hotspot overseas. north korea warning the us against misleading the public ahead of an upcoming historic meeting between the president and kim jong-un. the regime slamming the rest for when it caused false claims made about his reasons for going to the negotiating table. gillian turner reporting on this from our washington bureau. >> doctrine regime is punching back against the trump administrations claim that the maximum pres...

This assault on the truth and rule of law that it undergourds. it may turn out that it may not ultimately be as big as we see them right now. ive wondered about. i will note, i read a tweet yesterday explaining the section of the federal election law that shows this is a clear violation and the tweet came from george conway, kellyanne conways husband. the degree to which people are lying and tap dancing to try to deny this thing makes you wonder what else there is there. was there structure you ...

Some one or prosecuting some one, you look at this and just see its a complete mess. its a legal strategy, the first point should be dont let your lawyers make things worse. its pretty clear that rudy made things worse. >> melissa: is it clear that he made things worse. let me stop you there. people were assuming that what happened was when they went in and raided michael cohens office they found evidence that president trump had either repaid or hid him, the money came from him. the idea was th...

Hindsight, and that is very convenient. but retainers dont suggest any service has to be completed by cohen. it may simply suggest availability. but this attorney thinks that hes conveniently trying to reallocate that the retainer, you know, this was a retainer and not hush money he was paying. >> right, but this goes to michael avenattis point this could be a structuring deal, and structuring itself is a federal crime. and rudy giuliani saying the money was funneled through a law firm. well, fu...

Reimbursement payment across many months for retainer invoices that are bogus? why wouldnt the president cut a check for $130,000 back to michael cohen directly or wired the money back to michael cohen directly? why create an llc and go through the structuring to reimburse the money? the whole thing stinks and the american people are smarter than this. >> michael, thank you so much. appreciate your time. >> thank you. did rudy giuliani just completely undermine the presidents and the trump adm...

Hindsight, and that is very convenient. but retainers dont suggest any service has to be completed by cohen. it may simply suggest availability. but this attorney thinks that hes conveniently trying to reallocate that the retainer, you know, this was a retainer and not hush money he was paying. >> right, but this goes to michael avenattis point this could be a structuring deal, and structuring itself is a federal crime. and rudy giuliani saying the money was funneled through a law firm. well, fu...

Probably do it. >> youre absolutely right. i have a very simple question. if this $130,000 reimbursement if there was nothing wrong with it and it was above board and not done in an effort to circumvent campaign finance laws or money laundering laws or bank fraud laws, why wont the $130,000 reimbursement payment made by collect or wire transfer in one fell swoop? why all the bogus legal bills and structuring the payment over many months? it doesnt pass the smell test. >> i agree with you. why di...

Thats called structuring and its a violation of federal law. its a criminal act in order to do that. so again, i dont know if thats what hes talking about but it doesnt make any sense as to why this reimbursement would take place across several months it doesnt make sense unless theyre trying to avoid detection or some other reason that would appear to not have a reasonable, legitimate legal basis. >> michael, please stay by your phone because i have a feeling over the next several hours, rudy g...

That rudy giuliani did not know that he was revealing for the first time, in complete contradiction to the president, that the president reimbursed michael cohen. >> its more than that, lawrence. i think youre correct. but i would add that hes speaking before he thought through what hes saying. he is giving out information -- he said i didnt investigate that so i cant say that. but that means he shouldnt have said anything. id like to add to something michael said about the possible structuring ...