Page 42 - Self Dealing News Today

He always settles. >> he settles all the time. they indicated this bravado he expresses, he told that to me. he said dont slip and fall in my lobby because if you sue me im not going to settle. its kind of prepostterous but if anyone knows sleazy its donald trump. just about anything he touches involves self-dealing. look at the trump hotel in washington, d.c. and the possible violation of the emoluments clause of the constitution. look at the fact this foundation paid mar-a-lago to hold an even...

That could affect the economy in many ways. lost in the frenzy. a significant new lawsuit could have a serious impact on the president and his family. the new york attorney general says the president and three of his children broke the law in the way they ran the trump foundation, that it was done for their personal and political benefit. >> reporter: the lawsuit accuses the trump foundation of engaging in a pattern of persistent, illegal conduct for over a decade. specifically the petition sa...

In $18.8 million and gave out to charity more money than it took in, $19.2 million. i wont settle this case. but he always settles, right? >> he has settled hundreds of times. the big trump university lawsuit that he settled for $25 million in california and new york indicated that this ba ravado h expresses, im not going to settle anything -- he told that to me. he said dont slip and fall in my lobby because if you sue me, im not going to settle. its kind of preposterous, but if anyone knows sl...

Saying, this pattern of illegal conduct includes improper and expensive political activity, and willful self-dealing and failure to follow fiduciary obligations or elementary corporate formalities required by law. the president says this is nothing but sleazy corrupt new york democrats coming after. >> nothing more than a political tool with highly politicized atty. gen. which admits their goal is to resist the white house. estate based atty. gen.s office being used as a political operation agai...

Foundation they are doing it to advance a charitable cause, not the self-dealing or self-interest that donald trump used his foundation to do. >> would you assume you would get jail time for that? >> he would conceivably receive jail time and -- he in a generic sense, someone committing this kind of crime, in the false statements that were made either to the irs or to the federal election commission or to state or federal governments, false statements to any agency or violation of law. >> senato...

And michael steele. . at the very least its massively embarrassing but how strong is this case? im sure well get what about hillary, what about the clinton foundation. thats neither here nor there. what about the trump foundation. how legit is this? >> its legit in the sense that this case, as you say, is embarrassing becau embarrassing donald trump talks about being rich, he acts like hes break. thats nan would have gone ton veterans and other beneficiaries but instead is, under this allegation...

Investigation was undertaken. what kind of concrete evidence are they looking for to come out with such a statement like this? >> well, this is the kind of case where you follow the money. when you have a charitable foundation as the president does, you have irs filings, you have state filings to show where the money is going. remember that private foundations raised money, mostly, from private donors who are coming in and theyre told that your money is going to go to x, y or z. if that money is...

With the trump situation. so we should not be surprised that this would have dropped today. >> asha, what happens now. what questions do you have? >> my question now is how does this relate to just the bigger pattern that were seeing. and on a number of different fronts. shan mentioned the campaign finance issues, we see that that is an issue that is popping up also in the stormy daniels lawsuit. the self-dealing, there is a separate lawsuit that is suing the president for violating the emolumen...

Much scrubbing of social media accounts they will do, especially among if theyre looking for conservatives. as we know in the primaries, a lot of them spoke out against donald trump. >> we have breaking news. it comes from the office of the new york attorney generals office, that theyre filing a lawsuit against donald j. trump. tom winter, investigative reporter for us, joins me now. what can you tell us about this lawsuit? >> so new york attorney general barbara underwood has filed a petition s...

Would have to decide. what the presidents lawyers would argue, because the text is shrine the it gives very broods authority to the president. the only thing he cant do is pardon himself out of an impeachment. i do think agreeing with richard that the arguments on the other side are stronger. they have to do with the values underlying our government, including that no person should be the judge and jury in his own case, no self-dealing andre not a monarchy. that no person, including the presiden...