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Transcripts for CNN Giuliani What Happened to Americas Mayor 20240604 01:29:00

Was left staggering off his throne. - the raiders, the hostile takeovers. - once one of wall street s mightiest, ivan boesky appeared for sentencing, in the judge s words, humiliated, vilified, and cut down to size. - and all of that was entwined with what was a deeply corrupt system. - you find for me in the law where the united states congress has distinguished multibillion-dollar financial firms from other institutions, and you show me where that is. - rudy created the character of himself as a working-class, seam straight, streetwise new yorker who wasn t gonna take all the bullshit from these elites. rudy knew that he was igniting a populist revolt against this class of people. it is like the american narrative of the little guy who stands up and turns things over, a little guy who can finally hand back to the people who have humiliated him or disappointed him. that s the american thing, you know?

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Transcripts for CNN Giuliani What Happened to Americas Mayor 20240604 01:28:00

Making sure that the white-collar criminals, as well as the mafia and organized crime, were gonna be held accountable. - maybe we can t catch all of them, but we sure as heck can deliver a message which is, if you do get caught, you are gonna lose your liberty. you re gonna go to prison. - in 1986 i remember this vividly dennis levine got arrested. - the biggest insider trading deal anybody s ever heard of, dennis levine, made millions trading on insider information. - i realized that i ve committed very serious crimes, which i m very sorry. and it was a very painful lesson to learn. - that was the beginning of this giant scandal that giuliani was able to pursue and capitalize on and get a lot of publicity for. it really went to the heart of this, you know, moneymaking machine on wall street. - wall street has been hit by yet another insider trading scandal. - the merger and acquisition boom. - it s ten years behind bars for one of america s richest men. - the rise of the junk bond w

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Transcripts for CNN Giuliani What Happened to Americas Mayor 20240604 01:00:00

Trump s lawyers and the prosecutors investigating the former president is not slowing down this week. first up tomorrow morning, a hearing on former chief of staff mark meadows. there s also a hearing in jack smith s federal election case, where a trial date may be set. we ll be following both important hearings. so, stay with cnn for the latest throughout the day tomorrow. thank you very much for joining me this evening. it s been a long afternoon and evening. reporting from washington, i m jim acosta. i ll see you next weekend, of course. and the cnn original series what happened to america s mayor: rudy giuliani, that s next. have a great night everybody, have a great week. thanks a lot. - over the next ten days, we get to see the machines that are crooked,, the ballots that are fraudulent. and if we re wrong, we will be made fools of.

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Transcripts for CNN Giuliani What Happened to Americas Mayor 20240604 01:09:00

About the commission and said, you know, this would be a great case that he would take on personally. - one of the attributes that he had, which i think was very important, was that he tried to see how things could be done rather than finding reasons for not doing them. the really good lawyers are those that spot the issues and then figure out legally how you can accomplish what you want to do. - first, we can expose them. that is a very, very important ingredient in taking some of their power away, not all of their power. because as i said, they operate through secrecy. it is also very important for the public to see what we do. - there was a real sense that rudy was the dominant personality in that office. and he did not brook dissent. he wanted people to agree with him. there was a joke around the office that the people around him were members of the yesrudy tribe because they said, yes, rudy, yes, rudy.

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Transcripts for CNN Giuliani What Happened to Americas Mayor 20240604 01:12:00

- when i came into office, my first big mob case, one of the people involved in it put out a contract to kill me for $400,000. then in the last year that i was in office, one of the same groups put out a contract on my life for only $200,000. [laughter] - you had diminished. - gee, thanks a lot, guys. - one of the things that i find, you know, somewhat tragic about the arc of his career is that a lot of what he said at the time actually made some sense. - crime is a complex problem. that doesn t mean that it s a problem that cannot be dealt with. it means that it s a problem that is going to require a lot more than a few quick fixes or a few slogans to really turn around. - clearly, he was advancing his own cause, burnishing his own fame. but there was always this tension between genuine public service and the purely

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