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Detailed text transcripts for TV channel - MSNBC - 20140628:13:09:00

To people, gets into these dense granular transportation issues but the main thing here is big pool of money that the port authority had for this arc tunnel, rail tunnel and christie cancels the tunnel and it s basically how he got that money to pay for the thing called the pulaski skyway. legally speaking, it looks like serious potentially serious hot water here. what is the legal issue here? they call to justify the port authority to take the money, lawyers warned and warned don t do this. at some point they were under so much pressure because the governor was calling press conferences, i m going to do this and people were pressuring the port authority, we have to get this done. at some point the port authority switches and says remember now we have to legally justify this. what they did was say this is a lincoln tunnel project. the statute is very clear on what you can spend lincoln tunnel money on, it s the helix and roads under it. you cannot call the skyway six ....

Chris Christie , Port Authority , Trail Tunnel , Arc Tunnel , Pulaski Skyway , Point Of View , Press Conferences , They Don T , Pulaski Infrastructure Project , Lincoln Tunnel ,

Detailed text transcripts for TV channel - MSNBC - 20140628:13:10:00

Miles away can t call it a lincoln tunnel project. this is misrepresentation to bond holders, to potential bond buyers. and one thing i ve heard this week, what you just mentioned there, christie was out there publicly saying, hey this is what we re doing. christie defenders are saying, you know if it was so illegal, if it was such an illegal problem, he wouldn t be doing it. if he didn t know about it he wasn t talking to his senior staff. was he trying not to know about it is the question. that s the legal issue. there s also the politicalish yuxt chris christie if he wants to run for president has to go out and convince conservatives that he is a physical conservative and managed the state well. so what he did here was take money from the port authority and spend it on a state project, which you re not supposed to do, potentially securities fraud, right? he takes money from a project supposed to generate revenue for the port authority, this tunnel and spends it on a road project ....

Chris Christie , September 9th , Bond Holders , Lincoln Tunnel Project , Bond Buyers , He Wouldn T , Wasn T , President Obama , The Big Question , Politicalish Yuxt , Port Authority , Pulaski Infrastructure Project , State Project , Securities Fraud ,

Detailed text transcripts for TV channel - MSNBC - 20140628:13:02:00

Committee investigating all of this, including mayor of fort lee, mark sokolich. on top of this, the new york times also reported this week that the christie administration is being investigated for possible violations of securities law. violations stemming from money they allegedly rerouted from the port authority to a highway project in new jersey. the issue is that the port authority lawyers had told the administration it was legally prohibited from using port authority funds for the project. according to the times, they went ahead and did it anyway. in the last week governor christie campaigned in new hampshire and played charity softball at yankee stadium and took questions where he promised to veto a so-called millionaires tax in his state. he s been unable to put the scandal behind him. joining me now to discuss all of this, we have paul butler who teaches at georgetown law school and kate zurich, co-author of ....

Chris Christie , The New York Times , Mark Sokolich , Fort Lee , Port Authority , Highway Project , Securities Law , New Jersey , Pulaski Infrastructure Project , Charity Softball , Port Authority Funds , Yankee Stadium , New Hampshire , Gate Scandal , Paul Butler , Kate Zurich , Georgetown Law School , Co Author Of Tuesday ,

Detailed text transcripts for TV channel - MSNBC - 20140628:13:12:00

To a bond holder, you re going to jail. misrepresent it doesn t have been to intent to defraud. you have to say something that s not true like the purpose of this pulaski infrastructure project is to increase access to the lincoln tunnel. that s just not true. governor christie is going on tv and saying in press conferences that they are going to use the money because it s port authority legitimate money, again, that s exposure. that s not good for governor christie. quick question from your reporting, do you have any sense we re always asking when is the next shoe to drop. we think the u.s. attorney one is longer term. i ve heard from people, you can tell me, they expect the manhattan district attorney to move in the relatively near future on this. as paul hinted, the manhattan district attorney is really limited to but their thing is the martin act legislation. new jersey u.s. attorney is looking at sandy money and looking at this idea of hoboken ....

Pulaski Infrastructure Project , It Doesn T , Bond Holder , Chris Christie , Port Authority , Press Conferences , Lincoln Tunnel , The Big Question , Manhattan District Attorney , Paul Butler , Martin Act , New Jersey ,