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Have him plead guilty to what we know he's under investigation for, and then they'll sort of begin the cooperation process, which requires many, many meetings between cohen and the prosecutor's and investigators. >> chuck, it comes down to you. in the moment as it was happening today, i heard several good legal minds. open the door and toss out the phrase "unindicted coconspirator" it had me flashing back to 1974 and '75. is it a term of art in the law? can it be applied to one donald trump after a day like today? >> it is a term of art and the law, brian. i think it can be applied to the pres...

Election season, so they don't disrupt anything and can't be accused of disrupting anything related to the election. have him plead guilty to what we all know he's under investigation for, and then they'll sort of begin the cooperation process, which requires many, many meetings between cohen and the prosecutor's and investigators. >> okay, chuck, it all comes down to you. in the moment as it was happening today, i heard several good legal minds open the door and toss out the phrase "unindicted coconspirator." it had me flashing back to 1974 and 5. is it a term of art in the law? can it be app...

>> very quickly, from your experience in possible cases or at least working in the same office, how long would these negotiations have taken place? when would a conversation about a possible plea deal have been approached? who may have initiated it? >> both have to, you know, you need two to tango. cohen needs to be interested in cooperating. it seems clear he is. southern district has to be interested. they should be. and, you know, for what that process -- what i'll be interested to see is when they go into court today, where are they in the cooperation process? typically, the prosecutor wil...

Conversations are at this stage, mimi? >> hi, andrea. so -- well, they're back channel for a reason, so it's hard to speculating, you know, what they're doing in terms of the cooperation process. but as many of us have said over the last couple of weeks, as katy just said, it's clear michael cohen now wants to cooperate. and the ball, i'm sure, is in his court. i mean, the government is going to -- i'm sure has already said to him and his lawyer that the door is open for you to come in and talk. and he can do that before he's charged. i think he's said something in his interview that he wanted...

If you look at what we just outlined there, what does it say about where michael cohen's legal strategy is heading? >> he's considering flipping and working with the government. the dismissal of his old legal team, bringing in laney davis. there's discussion that davis is being brought in to counter message the trump's surrogate attacks if he cooperates. that's somewhat unlikely. when they cooperate, they don't speak. they don't speak themselves or through surrogates. that's why we haven't heard from flynn or papadopoulos. they are cooperating. they are doing things within the cooperation proc...