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Programs it makes sense, i might lose the election, in which case i don't want to have badly damaged my business at any level of decency, right or wrong, when are you president, when there is some chance you might be the leader of the free world, it is at that point, of course, you stop doing anything that could give somebody leverage over you that creates a sense of a conflict of interest. the president, of course, doesn't tons notion of a conflict of interest or somebody having lever annual on him. so it's not surprising he came out the way he did on that statement. >> particularly, guiliani...

But at any level of decency or right or wrong, when you are running for president, certainly when you are president, when there's some chance you might be the leader of the free world, it is, at that point, of course, that you stop doing anything that could give somebody leverage over you, that might create a sense of a conflict of interest. the president, of course, doesn't understand the notion of a conflict of interest or of somebody having leverage on him. so it's not surprising he came out the way he did on that statement. >> what giuliani is saying about the president, talking to cohen b...