Don't look for a pardon for Manafort

Looming over all of this is the possibility that Trump could pardon Manafort. As audacious as Trump can be, we do not expect him to take this precipitous step, at least not in the near future (particularly with midterm elections just weeks away). Given the timing, and given the revelation that Manafort is now cooperating, a pardon would at once ignite a political furor and also would smack flagrantly of obstruction of justice. Why pardon Manafort only now that it has become known that he is cooperating? Moreover, a pardon might not even suffice to shut Manafort up. Manafort still could face state charges in the event of a presidential pardon. In that case, successful cooperation with the feds would still help Manfort and would accrue to Manafort’s sentencing benefit even in front of a state judge.

  Daily Beast

I think it much more likely that Trump will try to dump all the blame for any Russian collusion on Manafort, now that he's flipped. The money laundering aspect - which will likely go to the SDNY for prosecution - is another story, but Trump can't pardon state crimes.

The closest members of Trump’s inner circle and family now face genuine danger of criminal indictment, and Mueller may even have the evidence to implicate the president in a crime, or at least to make a strong recommendation of impeachment to Congress. To be fair, perhaps Manafort doesn’t have the goods on Trump, or can’t directly implicate him in Russian election interference. Either way, we will know soon enough whether Trump’s oft-repeated cry of “no collusion” is reality, or the final delusional gasp from a deeply troubled president.

I think we already know.

Still waiting for Trump to chime in on Twitter about Manafort.  He must be in a right stew not to have done so already.