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Down this foundation. they want it done under the responsibility and observation of the court, and they are saying that donald trump should no longer be able to participate in any form or fashion of a charitable foundation for the next ten years, and his children who are also, as i said, those co-defendants, they cannot involve themselves with a charitable foundation under new york state law for one year. >> they also want the president to pay $2.8 million and additional penalties as a result of this as well. jean casarez, thank you very much. the president indicating he plans to fight this la...

Christiane amanpour. let's get back to the panel. you've looked through this document. all of us have read the document by now. how strong of a case does new york state have against the president and his children? >> well, it seems very strong, but let's be clear at the outset there is a difference between a civil case and a criminal case. at the end of this civil case the a.g. has brought, the worst thing that can happen to mr. trump and his family is a monetary fine. nobody can go to jail for this lawsuit. on the other hand, as i've sn d understood it, when he signed foundations, he signed i...

$18,800,000 and gave out to charity more money than it took in. i can't settle this case! . >> here we go. the sleazy new york democrats and now their disgraced and run out of town a.g. eric schneiderman are doing everything they can to sue me for a foundation that took in $18,800,000 and gave out to charity more money than it took in, $19,200,000. . i won't settle this case. >> this was not a sleazy or political action, nor was it brought by mr. schneiderman. this is a straightforward case of violation of the laws governing charitable foundations

That involved his for-profit businesses using funds to payoff creditors and even at one point using funds to decorate one of his own golf clubs. trump has responded on twitter saying, quote, the sleazy new york democrats and now disgraced and run out of town a.g. eric schneiderman are doing everything they can to sue me and the foundation that took in $18 million and gave out to charity more money than it took in. i won't settle this case. rick? >> you know, at the risk of making light of it, everything in trump world is like the bizarre world episode of the seinfeld show where everything is t...