On CNN's New Day, Alysin Camerota brings on legal analyst Jeffrey Toobin to comment on the opening statement released by Michael Cohen last night.
"You've looked through these 20 pages of blockbuster testimony that we are previewing this morning. What jumps out at you?" she asked.
"Well, as I was reading it, I was trying to divide it into allegations that are sort of morally reprehensible, the racist comments about African Americans, things like that. and the legally imperiling parts of it," Toobin said.
"And there are plenty of both. There are any number of crimes, actual crimes, which he implicates the president in. Among them are bank fraud. I mean, he talks about false financial statements that were submitted to Deutsche Bank to get loans. That is classic bank fraud. Again, if it's true. There's an extraordinary story in here, I haven't heard whether you've talked about it yet, involving a fraud involving his foundation where he uses a straw donor to buy a portrait of him and then reimburses the donor. Another, you know, if true, an outright fraud.
"And, of course, perhaps the most important part of it which is the Roger Stone conversation about Wikileaks which implicates him in the entire collusion issue."
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