1 00:00:00,000 --> 00:00:03,159 Speaker 1: Well, now it's time for our daily morning Bloomberg Law Brief, 2 00:00:03,240 --> 00:00:06,560 Speaker 1: exploring legal issues in the news and Bloomberg Lajost, Jun Grasso, 3 00:00:06,640 --> 00:00:10,840 Speaker 1: and Michael Best discuss US Special Counselor Robert Mueller's expanding 4 00:00:10,880 --> 00:00:14,760 Speaker 1: probe between the Trump campaign and Russia in last year's election. 5 00:00:15,040 --> 00:00:19,760 Speaker 1: He speak with Peter Zeidenberg, a partner at Aren't Fox. Peter, 6 00:00:20,480 --> 00:00:23,960 Speaker 1: let's talk a little bit about President Trump being very 7 00:00:24,040 --> 00:00:28,640 Speaker 1: upset about his personal finances being looked into. Mueller is 8 00:00:29,600 --> 00:00:33,200 Speaker 1: empowered to look at any matters arising from his investigation. 9 00:00:33,520 --> 00:00:36,640 Speaker 1: Everyone who knows these kinds of investigations know you follow 10 00:00:36,720 --> 00:00:43,599 Speaker 1: the money, is following the money within his purview. Yeah, absolutely, Um, 11 00:00:43,640 --> 00:00:47,080 Speaker 1: any investigation is going to be looking at these financial 12 00:00:47,080 --> 00:00:52,879 Speaker 1: relationships with Russians and with Russia and trying to understand, 13 00:00:53,440 --> 00:00:58,520 Speaker 1: for one thing, motive which could explain the relationships and 14 00:00:58,960 --> 00:01:04,840 Speaker 1: the behavior, you know, the frankly bizarre behavior, um of 15 00:01:04,959 --> 00:01:09,720 Speaker 1: the president in regards to Russia and why he may 16 00:01:09,800 --> 00:01:13,680 Speaker 1: have uh colluded, which is part of the investigation. Peter. 17 00:01:13,920 --> 00:01:15,679 Speaker 1: You know, when you when you look at these comments 18 00:01:15,680 --> 00:01:18,160 Speaker 1: the President has made and the fact is thinking about 19 00:01:18,160 --> 00:01:22,440 Speaker 1: pardons that they're investigating the investigators who are investigating them 20 00:01:22,520 --> 00:01:24,399 Speaker 1: that he is uh that you know, he said all 21 00:01:24,400 --> 00:01:26,520 Speaker 1: these things about who reports to who and whether Sessions 22 00:01:26,520 --> 00:01:30,400 Speaker 1: should be attorney general. One wonders about in the context 23 00:01:30,480 --> 00:01:32,840 Speaker 1: of the obstruction of justice investigation. You know, what do 24 00:01:32,880 --> 00:01:35,240 Speaker 1: these comments tell us about the way the president thinks 25 00:01:35,319 --> 00:01:40,880 Speaker 1: about his relationship to other officials in the government. Well, 26 00:01:41,680 --> 00:01:44,680 Speaker 1: I'll make the same observations that others have made. This 27 00:01:44,800 --> 00:01:47,960 Speaker 1: is all of a piece that shows that, you know, 28 00:01:48,000 --> 00:01:52,560 Speaker 1: the president seems to think that he's he treats the 29 00:01:52,640 --> 00:01:56,000 Speaker 1: government like he's the CEO of an organization and everyone 30 00:01:56,080 --> 00:01:59,440 Speaker 1: reports to him and he's the boss of everyone. Um, 31 00:01:59,520 --> 00:02:03,040 Speaker 1: that's not the way d o J, for instance, works. Um. 32 00:02:03,160 --> 00:02:06,520 Speaker 1: The FBI director doesn't report directly to the president like 33 00:02:06,600 --> 00:02:08,960 Speaker 1: he said, He reports to the attorney general, actually the 34 00:02:09,000 --> 00:02:14,600 Speaker 1: deputy attorney general. So there are structures in place in um, 35 00:02:14,800 --> 00:02:20,919 Speaker 1: norms in place, and the president has no understanding how 36 00:02:20,960 --> 00:02:23,600 Speaker 1: any of that works. And that's to put it charitably. 37 00:02:24,639 --> 00:02:27,720 Speaker 1: As Peter Zeidenberg, a partner at Aaron Fox, talking at 38 00:02:27,720 --> 00:02:30,480 Speaker 1: the Bloomberg Student Grosso and Michael Best, you can listen 39 00:02:30,480 --> 00:02:33,160 Speaker 1: to Bloomberg Law weekdays at one pm. Wall Street time 40 00:02:33,320 --> 00:02:36,320 Speaker 1: here on Bloomberg Radio and among the top legal stories 41 00:02:36,320 --> 00:02:39,440 Speaker 1: from Bloomberg Law. Deutsche Bank and JP Morgan have agreed 42 00:02:39,480 --> 00:02:42,120 Speaker 1: to pay a hundred forty eight million dollars to settle 43 00:02:42,160 --> 00:02:45,480 Speaker 1: claims that conspired to rig interest rates. The deal was 44 00:02:45,520 --> 00:02:47,799 Speaker 1: reached in a federal court in New York, where investors 45 00:02:47,800 --> 00:02:51,400 Speaker 1: including Hayman Capital Management and the California Public Teacher's Pension 46 00:02:51,440 --> 00:02:54,800 Speaker 1: Fund had sued the two banks. City Group and HSBC 47 00:02:55,040 --> 00:02:59,240 Speaker 1: have settled similar claims. And that's this morning's Bloomberg Laundry. 48 00:02:59,280 --> 00:03:01,880 Speaker 1: If you can find more legal news at Bloomberg Law 49 00:03:01,919 --> 00:03:05,519 Speaker 1: dot com and Bloomberg BNA dot com. Attorney so find 50 00:03:05,520 --> 00:03:08,720 Speaker 1: exceptional legal research and business development tools there as well. 51 00:03:09,120 --> 00:03:12,640 Speaker 1: Visit Bloomberg Law dot com and Bloomberg BNA dot com 52 00:03:12,800 --> 00:03:13,920 Speaker 1: for more information.