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Transcripts For MSNBCW The Rachel Maddow Show 20180823 04:00:00

Heres how it came to be. In may of this year, may 22nd, the New York Times had a scoop that they probably only got because they are specifically the New York Times. They sent crack reporters to an otherwise sleepy courthouse in albany, new york, not a Federal Courthouse, a state court, because that day in that state court in new york, a longtime Business Partner of Michael Cohens, A Taxicab Mogul Named Gene Friedman Who everybody called the taxi king, he was in court. He had been facing really serious charges in new york, Tax Evasion Charges in new york more than 5 millio ....

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Transcripts For MSNBCW The Rachel Maddow Show 20180823 01:00:00

Rachel Maddow takes a look at the days top political news stories. Charge of grand larceny, a big stack of charges involving a large amount of money and potentially a large amount of jail time. The story they uncovered at the courthouse that day, for some reason, friedman had gotten this huge Criminal Liability he was facing winnowed down to almost nothing. All the prison time and felonies evaporated. Instead of being tried for evading 5 million in taxes, prosecutors let him plead guilty to one count of evaluating 50,000 worth of taxes. Not 5 million, 50,000. Instead of decades in potential prison time the deal he cut with prosecutors got him zero prison time. People do plea deals all the time they offer their testimony for prosecutors letting them off the hook and going easier on them. This was like the mother of all plea deals. The amount he offered must have been very very valuable to the government given how sweet the deal ....

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Detailed text transcripts for TV channel - MSNBC - 20180823:04:08:00

Scandal surrounding this particular president boils down to two main things. the absolutely unprecedented scandal concerning this particular president, number one, russia, when they interfered to sway it in donald trump s direction, did donald trump or his campaign conspire with russia to help them do that. absolutely unprecedented. the other part of it, separate and potentially related is whether scrutiny of this president brought on by the russia investigation or just by the normal scrutiny that comes with being president will end up turning up business and financial dealings including during the campaign that could represent serious criminal liability for this president and for his campaign and even potentially for his family. that s the two sides of the unprecedented nature of the scandal that will surrounds this president. the russia scandal and the worries about his business and financial scandal. that brings us back to barbara underwood. a month after she flipped gene the taxi k ....

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Detailed text transcripts for TV channel - MSNBC - 20180823:01:09:00

Family. that s the two sides of the unprecedented scandal for this president. russia scandal and worries about his business and financial scandal. that brings us back to barbara underwood. a month after she flipped gene the taxi king friedman securing his cooperation with prosecutors in return for lean jens that led to the leanence for guilty pleas of michael cohen, she filed a civil lawsuit against president trump s charitable foundation, people of the state of new york, by barbara d. underwood, attorney general of the state of new york, against donald trump, donald trump jr., ivanka trump, eric f. trump and the domnald j. trump foundation. ....

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Detailed text transcripts for TV channel - MSNBC - 20180823:04:03:00

Journalistic practice to hang out at the courthouse and see what happens. since then we haven t known what s going on with gene the taxi king friedman and his sweet plea deal and his potential cooperation with prosecutors. we got a hint from the wall street journal when they reported gene friedman and michael cohen hadn t just been business partners in the taxi business, they had shared an accountant. and the wall street journal reported at that same time that that will accountant had been subpoenaed by federal prosecutors. now we see where that was heading. in this list of charges he pled guilty from you can see where all of that stuff over the last months may have been leading. the tax charges cohen pled guilty to yesterday are in large part the work in the taxi business, personal loans, cash transfers, illegal banking ....

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