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bargaining chips. with me now, i'm joined by julia yoffe, msnbc justice and security analyst matt miller, former spokesman of the doj and legal analyst barbara mcquade, a former federal prosecutor. barbara, i'll start with you. two interesting things about michael cohen, aside from paling around with tom arnold. one is he seems desperate to cooperate. he sent every signal that he's interested in it. two, as far as i can tell, he still hasn't had a queen for a day or proffer session with any u.s. attorney. what do you make of that? >> yeah, it's hard to detect a coherent strategy behind what he's doing and saying, but i think a couple things. one is i have heard from defense attorneys and criminal defendants that the waiting is often the hardest part when you know that there's another shoe about to drop. either you're going to be charged or you're awaiting sentencing, it's a really difficult time for defendants. they have an urge to do something and yet they have to wait. and so it can be very difficult.

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