Detailed text transcripts for TV channel - MSNBC - 20180725:15:16:00
That it was privileged but that there's a a crime fraud exception to it. and rather than let the judge make a finding that a crime fraud exception applied to obviate the privilege, they decided let's get ahead of that ruling. >> means that the privilege disappearing if the lawyer is engaged in a fraud with the client. >> that's exactly right. i'm your lawyer. we're discussing how we can trade on inside information. that's not a privileged conversation. that's a crime. so that crime fraud exception would obviate our otherwise --? they're admitting guilt bch -- >> they're not admitting guilt, th...