money laundering depending on how it was handled. there may be tax issues related to the deductibility of those expenses. if they were deducted as legal expenses for tax purposes when in reality it had nothing to do with legal services rendered but instead was the reimbursement of the $130,000 that too is going to be a problem and i think what you re seeing here is that rudy giuliani was sent out there to try to hang a lantern on this in an effort to get out in front of it because they know that we were about to get to the bottom of it and/or the information was ultimately going to be disclosed because it was obtained by way of the fbi raids. rudy giuliani didn t say money laundering but he did use a curious word when he described this money, he said it was funneled. it was funneled through michael cohen s law firm or through the retainer. did your ears perk up like mine did when you hear the word funnel? absolutely. when i saw michael cohen s denial, written denial, many