When âHitting Backâ lawsuits cost too much⌠because the client has no case OR when the client is a âbigger fish to fryâ who could lead to the even Bigger Fish to Fry - or, of course both.
Or maybe he just realized that the gig is up, that not only was the original reporting accurate, but likely to be exposed to the public in its entirety.
Itâs not defamation if its utterly true.
âI am not a competent crook ! â 
This tells me that Muellerâs got the goods on Cohen reference the Steele Document, and the suits as a delaying tactic have failed. And if Mueller has the payout from Rosneft to Trump also in the Steele document - this game is over.
Exactly. The catâs out of the bag now, so thereâs no point in going forward. Also, I still find it odd that someone supposedly worth millions and millions of dollars needed to take out a home equity line of credit for the $130,000 payoff to Stormy. He may not have the kind of money necessary to pursue both a civil suit and defend himself against a federal prosecution.
Does this move give us a peak into the Mueller investigation? Did Mueller show Cohenâs lawyers evidence that corroborated the Steele Dossier? That would explain them advising their client to drop the suit much more than, âWe donât have time to deal with this.â
So this is what a neutered Michael Cohen looks like.
I had to laugh when this appeared on his feed.
Cohen canât prove he has an air tight alibi regarding the Prague allegation. He doesnât want discovery. He doesnât want to testify under oath.
I also suspect that dropping this suit is a part of his defense strategy and potentially his negotiations with the Feds/DOJ/Mueller.
For the National Enquirer and Cohen to drop these types of aggressive, in your face, âIâll bankrupt youâ law suits, there has to be something else that they fear more. What changed? The FBI raid and the McClatchy article.
âThis was a difficult decision, but our client is totally wrapped up in saving his sorry ass from the federal pen.â
If Cohen has opened a back channel to negotiate with Mueller, this mightâve been one of the demands.
Yeah, that was exactly my first thought too. Who knows what wondrous treasures await us in the trove collected up by the FBI raidâŚ
I know itâll take a while but perhaps I should check on my popcorn supply, just in case, before there may be a run on the stuff.
ETA: in the photo for this article, Cohen looks like a guy staring into the abyss⌠My Schadenfreude cup runneth overâŚ
âSays who?!!!â
I think it means that he was just a conduit for russian/ ukranian money into the Trump org. He himself is not rich.
Ring Ring :
"Hey Mikey, the bosses says things are getting too hot, creating too much attention in too many places. Its uncomfortable. Now you be a good boy and make this right. "
Maybe so, it just seems odd to me to create that kind of paper trail and legal liability for what shouldâve been a fairly easy amount of money to raise. But then these people are also really stupid.
I always wondered about that too, but I recently read somewhere (sorry, too lazy to hunt it up, although Mr Google will give you lots of sites with info on real estate for washing your filthy lucre) that, apparently, using loans on property (e.g., home equity) as a method (one of many) to cover money laundering is a very common practice.
There is a high likelihood that he did the loan to cover the true origin of the money (Spanky?? Campaign??).
He keeps flashing his passport as though âthatâ is proof of a ânon-visitâ to Prague. Anybody else betting he is telling the TRUTH about not being in Prague but he was in a SUBURB of Prague or something? These people parse the truth that way. (I am from Chicago, the actual CITY and it always used to surprise me how somebody could be from Winnetka say and say CHICAGO rather than CHICAGOLAND. This is a little bugaboo of mine.)
Anyway, I wonder if Buzzfeed is going to sue HIM for lawyersâ fees.
Oh but they keep proving it over and over every day
Ya thought that was stupid ?
Here, hold my beer
Thus the source of the bank fraud charge.