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Transcripts for MSNBC The Rachel Maddow Show 20240604 04:06:00

After he was indicted in 2008. prosecutors got just what they asked for. that s what he had to put up, it was the highest bail amount ever in american history. and you are going to have to forgive me. just indulge me for a second, though, because it s friday and i need to give you a side note here. do you remember the name john dowd? john dowd was one of the lawyers who, then president trump, hired to defend him during the mueller investigation. a few years before joining the trump legal team, john dowd was the defense lawyer for barrage roger numb, in this insider trading case. he was convicted of 14 felony counts, that s the longest he had to put up 100 million dollars bond. on the day he was convicted, a ....

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Transcripts for MSNBC The Rachel Maddow Show 20240604 04:05:00

Town. he also ultimately pled guilty to multiple felonies. he did pay hundreds of million dollars in fines. and he was sentenced to ten years in prison. he served two years of that time. but that 250 million dollar bail request, from prosecutors, again, they didn t get it. but that was the highest bail that prosecutors had ever asked for in history, up until that point. in the years that followed, i can tell you, because everything is bigger in texas, a couple of texas judges tried setting bail for a couple of murder suspects in the billions of dollars. texas judges tried it but those numbers were lowered or overturned by other courts. the record for the highest bail that actually stuck, that record was set to decades after michael million dollar indictment. in the case of a hedge fund charge in an insider trading case. he posted $100 million bail, ....

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Transcripts for MSNBC The Rachel Maddow Show 20240604 01:07:00

Bond. but on the day he was convicted, a cnbc camera crew caught up with his lawyer, with john dowd. cnbc caught up with mr. dowd just a short time ago. i was looking [ bleep ] out of here. okay. that s what i got for cnbc. wow. wow. okay. that s what i got for cnbc. i never get tired of that tape. i never get tired of that up take. that guy lost that case so spectacularly and then he got hired by donald trump. but that guy, that s what i got for cnbc. anyway, so that billionaire hedge fund manager with the hugin sider huge insider trading case and he got the ....

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Transcripts for MSNBC The Rachel Maddow Show 20240604 01:06:00

Indictment in the case of a hedge fund insider. his name was rajaratnam, and he posted $100 million bail after he was indicted in 2009. that wasn t what prosecutors, just what they asked for. that s actually what he had to put up. $100 million. it was the highest bail amount ever in american history. you are going to have to forgive me here but indulge me for a seconds because it is friday. i need to give you a side note here. do you remember the name john dowd? john dowd was one of the lawyers who then-president trump hired to defend him during the mueller investigation. a few years before joining the donald trump legal team, john dowd was the defense lawyer for rajaratnam and it did not go well. i mean he was convicted on 14 felony counts. he was sentenced to 11 years in prison, the longest prison term ever for an insider trading case. he had to put up $100 million ....

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