What's got Team Trump really scared

Federal prosectors in New York revealed on Friday that President Trump’s longtime fixer and personal attorney Michael Cohen has been under grand jury investigation for months for alleged “criminal conduct that largely centers on his personal business dealings,” and that as part of the investigation they had obtained previously covert search warrants for multiple Cohen email accounts.

[...]

Cohen’s attorneys are arguing that that either they or an independent third party should be allowed to sort out the records [FBI agents seized from a raid on Cohen' home, office and hotel room] that fall under attorney-client privilege. Standard DOJ practice is that a team known as a “Filter Team” of DOJ lawyers separate from the prosecutors investigating the case undertake the review to screen out those documents.

  TPM

AKA a "taint team".

“Based on information gathered in the investigation to date, the USAO-SDNY and FBI have reason to believe that Cohen has exceedingly few clients and a low volume of potentially privileged communications,” prosecutors said in the Friday court filing.

How many is "exceedingly few"? One?

Prosectors said that at least one witness has told investigators that Cohen has said that Trump was his sole client.

Even for that one, Cohen is largely just a fixer.

They also rebutted Cohen’s claim that he had an privileged relationship with a law firm called in the filing Law Firm 1.

To wit:

In a footnote to the prosecution's rebuttal, it suggests that there should be no privilege awarded to Cohen's conversations with Trump about Stormy Daniels because "Trump has publicly denied knowing that Cohen paid Clifford."  He's never learned to keep his big trap shut.

Cohen’s attorneys had filed their own motion Thursday night seeking to block the Filter Team from going through his records. That motion has not been released to the public. Since Friday’s morning hearing, the judge overseeing the case, U.S. District Judge Kimba Wood, has twice reconvened the parties involved to discuss the next steps. Another hearing is expected for Monday.