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The g4 took off from teterboro airport in metro new york across the river in new jersey, that was at 10:50 a.m. this morning. they realized that two tires had blown and the washington post is reporting that the two front tires on this g4, so an emergency landing sometime soon. lots of news coming up the top of the hour. dana: former trump attorney michael cohen striking a plea deal with federal prosecutors in his fraud case. he s due in court in new york city just over an hour from now. ellie honing his former special prosecutor, and you know the southern district of new york. what should we take away from this, initially, yesterday, we were talking about taxi medallions and now apparently the plea deal is more about payments made to women on behalf of mr. trump? the key thing is, what s the ....
Going to plead guilty but there s no cooperation agreement. they ve been hoping for that, but there isn t one. what does that say in the bigger picture for the mueller investigation regarding the president, if anything? that litany you just laid out is correct. what it doesn t give the mueller investigation is any information mr. cohen has specifically about the payments to those women. not so much the taxi medallions. that doesn t interest mr. mueller. but certainly the women, the money paid for on behalf of candidate trump. you re depriving mueller of that inside information and you have to make the case some other case. if there s no criminal case to be made against the president, certainly a report to congress. shepard: either way, the items seized in the raid, if you will, on those three properties, those items can be used by the feds what ever way they chose to use them because they were legally obtained. you re right that is fair game for any prosecutor anywhere ....
All of these things were done at the direct direction of trump. let s narrow into what the issue actually is here. michael cohen is to many people an unsavory character and not particularly relevant if he did things with his taxi medallions. the question is what the liability is for the president of the united states. lanny davis, michael cohen s newest attorney, has just tweeted. today he stood up and testified under oath donald trump directed him to commit a crime by making payments to two women for the principal purpose of influencing an election. if those payments were a crime for michael cohen, why wouldn t they be a crime for donald trump? clint? there has been a tell in this from the very beginning. the squads that showed up to do the this is not a fraud case they were investigating. we ve got actions of the president to be. we ve heard tapes. we ve heard tapes that even say, let s do it in cash. essentially saying, i knew what ....
Michael cohen woke up today to a front page story in his hometown newspaper, the new york times outlining the charges federal prosecutors are considering in their investigation of michael cohen. the new york times reports that michael cohen could face charges of bank fraud and obtaining $20 million in loans from two new york banks that most new yorkers have never heard of. the bank loan is under scrutiny, the total of which has not been reporting came from two financial institutions that catered to the taxi industry, sterling national bank and melrose credit union. people of knowledge with the matter, including a banker, who reviewed the transactions include that mr. cohen used 32 taxi medallions as collateral. they were valued at $1 million each and generated $1 million a year in income. michael cohen s partner in the taxi business is already cooperating with federal ....
Reviewed the transactions include that mr. cohen used 32 taxi medallions as collateral. they were valued at $1 million each and generated $1 million a year in income. michael cohen s partner in the taxi business is already cooperating with federal prosecutors and an accountant who worked for both has testified before the grand jury in the cohen case. the new york times reports if michael cohen becomes a cop wop rating witness, it would likely include a provision that mr. cohen also provide information to the special counsel, robert s. mueller, iii. joining us now michael daley and ron is back with us. the taxi business has been a cash business for a very long ....