General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNo true billionaire would have a lawyer like Michael Cohen as personal counsel.
That's like living in Rome, and your favorite restaurant is KFC.
enough
(13,268 posts)EffieBlack
(14,249 posts)I hadnt thought of it, but Michael Cohen is the kind of lawyer you get when you cant afford a better one but you want to fool people not thinking youre big league.
JI7
(89,283 posts)If it was about actual legal help a publicly appointed one would be better.
Lucky Luciano
(11,267 posts)jaysunb
(11,856 posts)JI7
(89,283 posts)And hide it all behind attorney client privilege.
democratisphere
(17,235 posts)Makes perfect sense Michael Cohen is his personal counsel.
babylonsister
(171,106 posts)Great analogy!
unblock
(52,438 posts)He doesn't want a criminal *lawyer*, he wants a *criminal* lawyer.
Yavin4
(35,453 posts)Saul knew who he was and was great at it. Knew his shit coming and going.
unblock
(52,438 posts)greatauntoftriplets
(175,766 posts)KPN
(15,673 posts)One of my all time favorites.
Sorry - unrelated otherwise. Well, Russia is involved.
dalton99a
(81,673 posts)Top 10 Reasons To Doubt Trump Is Even A Billionaire
By Josh Marshall | June 2, 2016 1:32 pm
2. During the litigation of that lawsuit, OBrien and his lawyers were able to review a 2005 Deutsche Bank assessment of Trumps wealth which placed his net worth at approximately $788 million. Deutsche Bank should know. While most big banks have shunned Trump because of his multiple business failures, Deutsche Bank has been Trumps go-to bank for almost 20 years.
3. In financial filings, particularly with the FEC, Trump routinely overstates his income by reporting business revenue as income or conflating the two numbers. The difference between revenue and income is obvious to anyone who has run a business as small as a lemonade stand. Revenue or cash flow is all the money that comes into the business before you subtract expenses and miscellaneous other negative entries. If you subtract the latter from the former you have income, what you actually take home at the end of the year. A company may have $50 million in annual revenues and be making $25 million profit, just breaking even or losing money hand over fist. Income here is the individual analog to profit for a business entity. Revenue tells you almost nothing about income. The fact that Trump routinely conflates the two numbers is such an elementary and massive effort to inflate the scale of his income that it points to someone trying to massively overstate income and wealth. Just how much is a good question. In this March 2016 article, Shawn Tully of Fortune tried to parse Trumps filings and estimate just how much Trump was inflating his income.
4. Trump refuses to release his income tax returns and is knowingly incurring substantial political damage for failing to do so. He would only do so if they contained information he very, very much does not want to see made public.
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RandomAccess
(5,210 posts)It's not about money --
It's about personal loyalty and pretty much complete lack of character and integrity.
KPN
(15,673 posts)Stargleamer
(1,992 posts)and he still wishes he had a Roy Cohn--evidently Cohen isn't sleazy enough for him