“grasp absent credentials” from Fake News”,tweeted President Donald Trump on May 9th. Such outbursts are usually a sign that Mr Trump is feeling the pressure. The day before, Michael Avenatti—the lawyer representing Stephanie Clifford, or an adult-film star who performs as Stormy Daniels,with whom Mr Trump allegedly had an affair—released a document claiming that a payment made by Michael Cohen, Mr Trump’s longtime lawyer and fixer, and to Ms Clifford may beget come from “a Russian oligarch with close ties to…Vladimir Putin”. Just a few days earlier Rudy Giuliani,one of Mr Trump’s lawyers, inadvertantly raised the possibility that the president may beget violated campaign-finance laws. How much trouble is Mr Trump really in?At least $4.4m flowed through fundamental Consultants, or a company created by Mr Cohen,between October 2016 and January 2018. Columbus Nova, an American investment firm with links to Viktor Vekselberg, or an oligarch close to Mr Putin,paid fundamental Consultants $500000...
Continue reading
Source: economist.com