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Detailed text transcripts for TV channel - CNN - 20180523:14:05:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180523:14:05:00

Charged by new york's southern district, will he provide useful information on the president to the special counsel's investigation? michael cohen within the last hour seems to be distancing himself from friedman, from this news of a plea deal. this morning he tweeted this. i am one of thousands of medallion owners who entrust management companies to operate medallion according to the rules of the new york taxi and limousine commission. jim friedman and i are not partners and have never been partners in this business or any other. >> we'll see how investigators view the relationship which migh...

Detailed text transcripts for TV channel - CNN - 20180523:14:04:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180523:14:04:00

Pled guilty to tax fraud yesterday. he's facing jail time here for failing to pay $5 million in mta surcharges to new york state for the taxi empire he runs. in exchange for his guilty plea, he will be placed on probation, has to pay the money back and according to "the new york times" will help state and federal authorities with their cases. friedman managed 800 medallions in new york city and that is what gives taxis value, and he managed a fleet for michael cohen and they're business partners and it would appear, investigators hope friedman have insight into cohen's business practices which...