Detailed text transcripts for TV channel - MSNBC - 20180505:19:03:00
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His applications to banks or statements to banks or in terms of what kind of campaign finance laws may have been violated. what we found was that -- well, first of all in november 2015, michael cohen's in-laws refinanced an apartment and took $529,000 out of the equity from the apartment. and he cosigned the loan for that. so it's not clear what happened to that money. but it is unusual in the sense that he had never co-signed a mortgage for their apartment before and the cash was taken out. and then secondly, in february of 2016, which was right as donald trump was entering the republican pri...
$529,000 tied to his wife's parents' mortgage. >> cohen is under investigation in a broad case that involves the payments of stormy daniels and the play mate who claims she has happen affair with donald trump. prosecutors and the fbi are examining whether cohen committed bank fraud by misstating the intended purpose of the loans like when he claimed to use a home equity line of get to pay stormy daniels. giuliani was asked about the retainer the president used to reimburse michael cohen. >> did michael cohen make other payments to other women. >> i have no knowledge of that. this is the kind o...
Street journal about michael cohen's access to cash, the journal reports, he gained access to as much as $774,000 through two financial transactions during the campaign as he sought to fix problems for his boss public records show. those transactions could factor into a broad investigation of his business affairs conducted by manhattan prosecutors and the federal bureau of investigation. according to the wall street journal in february of 2016, cohen nearly doubled the amount he could use on a bank credit lined tied to his manhattan apartment. increasing his ability to borrow by $245,000, thre...