Detailed text transcripts for TV channel - CNN - 20161101:13:09:00
If the irs saw this, we don't think it would get through. >> but as far as we know, donald trump did everything legally -- >> no, carol, we don't know. we don't know. his own tax attorneys at the time, according to the times, are saying, this is really stretching it. we are right on the limit here. so we don't know. but essentially it's talking about taking other people's money, they invest in your company, you lose the money, the debt is forgiven, you issue stock instead of a debt, and then both parties take the loss. that's something that is now illegal. >> christine romans reporting, thank ...