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Their word, presumably the business partner has documents and records and e-mails and things that you cannot escape. why is all of this important? it is important because we have to know that michael cohen may not only be the subject of a federal investigation in charges but could also be prosecuted in the state. state laws -- there are laws against tax evasion and et cetera. so what that does to him is tightens the pressure and he's the subject or will be the subject -- i can almost guarantee it of what we call a reverse proffer and what that is -- the prosecution will call you in and they wi...

And professional interviews that feels more like an interrogation than an interview. >> joey jackson, when you hear caputo saying, that what does it tell about the direction of the special counsel? >> it tells me caputo warning everybody else to come in the room to be truthful because they know a lot more than you do and a lot more than you think. let's talk about briefly how prosecutors and investigators work. when you're invited into that room, there's something called a proffer and there's something called a reverse proffer. proffer first. that's when tell me what you know about things. pro...

File a declaration saying i'm pleading the fifth. i'm not saying a thing. what i would anticipate then is nothing will happen along the lines of the civil case in terms of any deposition or anything related to his testimony. that will be stayed pending the criminal case. i would also think h the criminal case he would not have a word to say. that is that the federal government will have to construct a case without his participation. i should also say this, there could be some point going down the line he could be wrought into the southern district for a reverse proffer. what does that mean? it...

Let's focus on the larger issue, victor. that's the president. to the extent that i can get information which is damaging, illegal, criminal, that your main guy has done, right, has engaged in, the government has a way of saying, right, seen it many times personally in cases. we're not so much concerned about you. we have a mountain of evidence against you. let's invite you into the office to do what's called a reverse proffer. we're going to tell you all of the book of stuff that we have against you but i'll tell you what. we'll forget about all of that if you just tell us about the president...