Michael Cohen reportedly secured a $10 million deal to advance a nuclear project

[Zorro]

Source: CNBC

Just days before federal agents raided Michael Cohen's home and office, Donald Trump's then-personal lawyer secured a $10 million agreement with a top donor, The Wall Street Journal reported citing people familiar with the matter.

The payment was conditional on Cohen securing funding for reactors at the Bellefonte Nuclear Power Plant in Alabama, sources told the Journal. That included a $5 billion loan from the federal government, the Journal reported.

Sources told the Journal that real-estate developer Franklin Haney also agreed to pay Cohen a monthly retainer. It reported that Haney's company still has a loan application pending at the Energy Department.

The newspaper said, however, it was not able to determine how much Haney ultimately paid Cohen, if at all. But sources told the Journal that Cohen's agreed success fee would be among the largest of his known consulting deals.

Read more: https://www.cnbc.com/2018/08/02/trump-donor-agreed-to-pay-michael-cohen-10-million-in-consulting-deal.html

[cloudbase]

1. Pay for play is a cancer within our country. n/t

[C_U_L8R]

2. Seems that Haney guy is also in a heap of trouble.

Wonder who else colluded in that scheme.

[wishstar]

3. Big question is what did Trump know about Cohen's lucrative deals and was he expecting a cut

I don't see how Cohen could have swung the huge deals involving influencing government policies and actions that would favor his clients unless he was totally BSing the clients or Trump was in on the schemes and going to take a cut. If Trump didn't know, that may be why he has turned on Cohen.

[Wwcd]

4. Trump probably turned when Cohen got raided & found out.

Imagine the money riding on that deal for the few lucky players.

Trump was prob ready to shove the deal thru & whoo eee! They're all trillionaires!

Curious to find out who was at the receiving end of that deal.
Tillerson maybe?? Just a guess but I'm betting there's some foreign money in it somewhere.

Just a wild guess,, however.

[TexasBushwhacker]

6. Of course Trump got a cut!

[bluestarone]

5. RUMP turned this government into a BANK for

All the FUCKING FRIENDS TO BORROW FROM!!!!!!!!!!!!!

[Corgigal]

7. Is it in a frozen account?

Will it go to us the taxpayers soon? Hit a few more of these Trump associates,please.

[bitterross]

8. They'd be impeaching Hillary right now if her lawyer did this.

There would be no stopping them. Remember, impeachment doesn't require anything more than the vote of the House. They don't actually have to prove anything to impeach someone.

So they'd have impeached her by now.

[ehrnst]

10. Actually impeachment requires "treason, bribery, or other high crimes and misdemeanors".

Otherwise, Republicans would have been impeaching Obama for the tan suit.

[bitterross]

11. They's say she was in on it pay-for-play/bribery

You know they would say she was involved in it and it was some sort of payoff and they'd impeach.

[ehrnst]

12. I was addressing your statement that "impeachment doesn't require anything more than the vote

of the House."

[bitterross]

13. It doesn't Require more than articles of impeachment. The House is like a Grand Jury.

As the old saying goes, a good prosecutor can indict a ham sandwich.

They'd impeach with little more than suggestion.

[ehrnst]

14. Unless that Ham Sandwich is involved in '"treason, bribery, or other high crimes and misdemeanors"

no, it can't be legally impeached.

I worry that oversimplification and outright misunderstanding of laws will create expectations that our Democratic leaders are not doing "even the simplest of things like indicting."

Again... if you could indict a ham sandwich for impeachment, Obama would have been indicted by a GOP prosecutor on day one.

[True Blue American]

9. We can lay this corruption right at the feet of the Republican House and Senate.

One of the most do nothing,tear down gang we have ever had.