senator, was indicted an prosecuted, he was acquitted those are people who have wa more resources than your average defended getting arraigned and booked i brooklyn or manhattan, right but it s also the case tha this has happened before the idea that rachel maddow made this, point rachel maddow it s happened in our country - not to former president, but a very powerful former political leaders. it happened to leaders in othe countries. the point of the rule of law - where it catches out is, the process is what matters. right, you are exactly. right in the process is th process and people need to understand that. it is a critical point for viewers to understand. this is going to be a very lon and extracted process. and let s be clear, as you v already said, the indictment i has not been unsealed yet. we literally do not know wha he has been charged with - right? and it could be simply as straightforward as the falsified bookkeeping. it could be much mor convoluted and complica
why right now. it is roughly plus six hours, i believe, i the evening. why are they doing it at thi moment these things always happe on the weekends, richard because you just don t want to have markets gyrating around when the suspicions are bein made you want to be able to present to invest areas, to depositors this is a done deal. we are back stopping it. we are here to tell you an please be calm that s really the message here these often happen on weekends in the u.s., all these mi size banks, many of them com together and said hey, you v got back us up for two years what does that backup for tw years mean obviously they re thinking about all the customers, as was talking earlier, like yo and me what they want is a two-yea guarantee of all depositors an this is highly unusual richard. as you know, in the last financial crisis, there were known depositors who are
guilty verdict came out. they also were falsified business records avoidin taxes. it is sort of an underlyin thing that they were sayin it s one thing it was. another i don t know if in addition to anything else yo had attorney but given everything that we have seen reported, and give your own reporting, do you think, or is it possible given all the evidence that is out there that the grand jury coul take a look at all of this given all of the testimony that they have heard i woul say that at this point anythin is possible. but if you are looking at wher this train is heading, you v got a grand jury sitting you ve got witnesses who hav
reporting on donald trump plan that is straight out of the same playbook that he ha had since birth, that he i going to attack the manhatta the a. what do you think? yeah, first of all, you v got this race almost, i don think either intended it, but race between manhattan distric attorney brag and the district attorney of georgia, fan willis, the seat will be the first person in american history to indict a former sitting president. right now, it looks like bot of those, stephanie, are barreling towards an indictment perhaps, in new york, as early as tomorrow, that s why some people are saying. i think the reason for that is that michael cohen has gon before the grand jury, his 20t time before trump s accusers stormy daniels s gun before th prosecutors this week. with a requested donald trum
scared should we be? we are clearly not and 2000 a, but it s not like we re in a awesome situation. we had a long period of free money. we raised interest rates the government pumps money int the system during all these years, we get the crypto craze, the system i fragile. extraordinarily fragile, an the system is fragile for number of different reason that have transpired over th last 20 or so years. should i be scared? should you be scared? if you have money in the bank, you should not be scared what basically has happened is that they told you that th federal reserve, jerome powell himself, has told you that money is money good in the banks. if you re worried about your deposits going away, don t worry about that what we should be worried abou is the health of the system, and that is probably a broader conversation neil, let s talk about this reporting on donald trump plan that is straight out of the same playbook that he ha had since birth, that he i going to attack the ma