Thursday, January 4, 2018

A little slow to the draw

Mainstream is now picking up the money laundering thread.
Bannon, in his interviews with Wolff, has invited us to consider the families of Trump and his son-in-law Jared Kushner as possible targets of a significant federal money-laundering investigation.

Bannon is dismissive of the Trumps and how haphazard and reckless they were during the campaign — in part, no doubt, because they didn't think they'd win. That lens allows Bannon to understand exactly why the Trump campaign has drawn the attention of the Justice Department's special counsel.

[...]

The Trump family has had longstanding real estate and licensing dealings with questionable business associates, some of them Russian and some of them not, as I and reporters like the late Wayne Barrett have written about for years. The family's recent departure from its ill-fated Trump SoHo hotel project, and its partnership with career criminals like Felix Sater, are reminders of how problematic some of those deals will be in the context of Mueller's investigation.

[...]

It's an investigation that is likely to continue examining matters beyond political collusion — which Mueller's original mandate allows for — and will continue to involve explorations of financial dealings by the Trump family and members of the Trump campaign (particularly those involving Russia).

Bannon knows this, and his comments to Wolff show that he knows how devastating all of it could be to Trump and his children.

[...]

Bannon knows that Donald Jr. and Kushner are potential liabilities for the president, especially in the context of a sophisticated money-laundering probe. And he also knows how ill-equipped the White House is to contend with the legal hurdles and financial inquiries that lie ahead of it. He knows all of this, even if he has lost his mind. That's why the president wants to shut him up and shut him down.

  Timothy L. O'Brien @ Bloomberg
And, just so you're clear...
This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
...but hey, do what you want...you will anyway.

No comments: