you and your team have done an excellent job in this report. thank you very much. >> let's get analysis. joining us is a cnn legal analyst and former prosecutor. what's your reaction? >> it's not a shocker that mr. trump would be involved. it's unlikely that michael cohen would dip into his own pocket and not expect to be reimbursed and the relationship with mr. pecker seemed to be established over years that he was acting in mr. trump's behalf to catch and kill these articles. >> and the argument is where the illegality potentially is. it could be an illegal campaign contribution. that was not disclosed to the federal authorities. >> absolutely and would have been something of interest to the american people in the election. >> you have got it on a different line. a very important article you