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Detailed text transcripts for TV channel - CNN - 20181130:06:39:00

A cut of the action, it matters to you, why? the foreign corrupt practices act is serious. you don t have to fully transact the deal, you just have to offer it, if you re offering something of value, to get something of value, you are in violation of the foreign corrupt practices act it would be hard for anyone to argue you didn t give something of value to the president of russia to get approved a building to have some value there. that s against the law. what s the difference between a corrupt practice and a business deal? when you re dealing overseas, you cannot offer something of value. the reason the united states does this is to promote u.s. values over seas. where corruption is rampant. it puts the onus on american businesses to do the right ....

Foreign Corrupt Practices Act Is Serious , Foreign Corrupt Practices Act Violation , Business Deal ,

Detailed text transcripts for TV channel - CNN - 20181130:02:39:00

Of what real exposure can be here. vladimir putin may have been gifted an apartment in this development deal maybe give him a cut of the action, it matters to you, why? the foreign corrupt practices act is serious. you don t have to fully transact the deal, you just have to offer it, if you re offering something of value, to get something of value, you are in violation of the foreign corrupt practices act it would be hard for anyone to argue you didn t give something of value to the president of russia to get approved a building to have some value there. that s against the law. what s the difference between a corrupt practice and a business deal? . when you re dealing overseas, you cannot offer something of value. the aren t u.s. does this is to promote u.s. values over seas. ....

Vladimir Putin , Development Deal , Foreign Corrupt Practices Act Is Serious , Foreign Corrupt Practices Act Violation , Business Deal , Aren T ,

Detailed text transcripts for TV channel - CNN - 20181130:02:40:00

It puts the onus on american businesses to do the right thing, meaning, if you re asked for a bribe, have you to say no, and you should report it, if you offer a bribe, you re in violation of the law. it s pretty tough, pretty strict. even if they keep saying the trump organization, my theory on this is, now you have cohen. i think that s probably why the trump organization is rattled, is that he probably would have some at least insight into that, and then if you take their treasurer and accountant who s already cooperating, this could spell trouble, i think for them if they offered this as part of a deal, if the deal didn t go through. if you offered something of value to get that deal go through you are in violation of the foreign corrupt practices act. that s a felony. someone in that organization is going to have to be accountable for that. let s take that point. we re talking about the cfo of the trump organization, who was with donald trump so long he ....

Michael Cohen , Trump Organization , Deal Didnt Go Through , Donald Trump Jr , Foreign Corrupt Practices Act Violation ,