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Tim O鈥橞rien On Trump CFO: 鈥楲oyalty Is A One-Way Street In Trump Land' - YouTube
Channel: MSNBC
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tim i am so excited to get a chance to
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finally talk to you about this
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do you agree with that i mean you've
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been covering donald trump for a really
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long time would he flip on his own
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children his accountant including ivanka
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too
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uh i i would put a question mark next to
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ivanka
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and i would put an undoubtedly next to
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everybody else
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um wow i just think you know loyalty is
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a one-way street in trump land yet it
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flows
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towards donald trump and it does not go
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in any other direction
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and he does not have emotional bonds
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with people
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he has financial bonds with people and
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if everyone around him now
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has to debate whether or not they want
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to face a criminal charge and the
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possibility of going to prison
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or getting a larger salary next year
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from donald
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uh i think they're going to choose to
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rat out donald the first
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chance they get and i think that's why
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it's so significant
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that alan weiselberg's now under a
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criminal investigation because it breaks
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open this huge crack in the in the
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facade of the trump organization
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wow let me give you one more piece of
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what michael cohen said to me last night
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and this is about
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why uh mr weisselberg's role in the
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company take a listen
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alan weiselberg knew every single dollar
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in and every single dollar not even
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dollar to the penny
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every single penny in and every penny
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out went through alan weisselberg's desk
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and then reported before and after
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to donald j trump the reason that that
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struck me tim
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is that all that is almost identical to
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what you told me
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back when i was hosting am joy years ago
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and i i can still picture late night
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television
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i remember sitting at a desk and you
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saying the key to
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donald trump's fate is weisselberg he
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knows everything
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how what could he give the the feds i
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mean give the prosecutors if he flipped
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well you know i think we had that
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conversation joy around the time that
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michael cohen
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first had his office is rated by the fbi
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and i think what i said at the time was
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you know michael did carried out tasks
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and assignments for donald
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but he wasn't the keeper and the
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crypt keeper is alan weisselberg and
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another individual
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jason greenblatt whose name i imagine at
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some point
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has to surface in this i'm not saying
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he's done anything criminally
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but the two people inside the trump
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organization that had to put a rubber
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stamp
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on every document were alan weisselberg
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and jason greenblatt jason greenblatt
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was
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the in-house counsel trump made him a
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special envoy to
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israel while he was president but he
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knows a lot too
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and this is not a big complex company it
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was a mom-and-pop
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shop so the layers that investigators
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have to plow through
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around knowledge and culpability are
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very shallow it's it's donald and these
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two gentlemen
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and then anyone else around them which
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was a very narrow group of people
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um alan weiselberg not only handled the
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corporate taxes every year
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he handled donald's personal income
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taxes and he's been
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in the company uh since he and donald
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started together in the in the mid-1970s
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they grew up together in the company
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alan weisler began as fred trump's
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accountant
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and um he has his own lawyer now
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because he's under criminal
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investigation other people inside the
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organization including
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trump's children are going to be
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wondering whether or not they need to
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lawyer up themselves and once that
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begins to happen
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in a white collar investigation
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everybody jumps
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and figures out to protect themselves so
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this is a pretty significant moment i
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think in the in this whole investigation
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well and now that we know that there is
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there's an ongoing criminal
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investigation to weisselberg
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knowing what you know about him would he
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flip on donald trump
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i think ultimately he will because he's
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seen donald trump throw
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so many people under the bus now for
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decades
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and without blinking or regretting it
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and i think he knows
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that that trump wouldn't hesitate um to
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blow him up
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if it if it allowed him to protect his
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own hyde
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um i think it really depends on the
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seriousness of
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of this investigation you know what kind
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of potential charges come along
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uh down the road and then what are the
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possible criminal penalties associated
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with that
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and that's the kind of stuff that allen
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weisselberg's gonna weigh but i don't
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think he'll be loyal to trump in the end
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no
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and you are one of the few people who's
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ever uh sat in a deposition and
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been able to depose donald trump and
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this was over him lying about his
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net worth and you tell the truth about
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it and him being upset about that
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is does this come down to donald trump
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upping the value of his empire which he
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basically
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gutted of his father's empire he took it
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and you know
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sort of crashed it um or is it about him
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lowering the value of his empire not to
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pay taxes or is it some combination of
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both what are we talking about here
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it's a combination of both it's him
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going to bankers and saying
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this piece of property is worth 400
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million dollars and i want a loan
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against it
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and then uh telling a tax assessor or
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someone else
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that it's worth half that amount because
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he wants to keep his tax bill
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bills low that's a very simplified
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version of the kind of stuff
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that's in play here i think also um
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uh making claims to insurers that he's
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had extensive damage as a property like
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mar-a-lago
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when in fact he hasn't and getting tens
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of millions of dollars in in payouts for
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those
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that he might not have been entitled to
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um money laundering is
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certainly going to be something they're
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looking at here uh
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there you know trump has had
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intersections with organized crime
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figures
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uh since his 20s you know donald trump
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turns
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75 next month he has 55 years
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of intersections with nefarious people
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who's oftentimes resided in his
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buildings
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who he did business with up until he was
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president
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um and and and one of the you know still
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un
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plowed some of the unplowed territory in
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the trump story is the extent to which
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everything he did in the white house
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was financially motivated and and it was
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disappointing that mueller didn't go
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down that road
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enough but you now have two new yorkers
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who are
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and and i think uh the more they fare it
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out
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the financial issues i think you're
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going to start to get a lot of things
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[Music]
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explained
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you
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