Practice English Speaking&Listening with: Expected Case Against Deutsche Bank Disappeared In Trump Transition | Rachel Maddow | MSNBC

>>> JOINING US ONCE AGAIN IS

>>> JOINING US ONCE AGAIN IS DAVID ENRICH, FINANCE EDITOR AT

DAVID ENRICH, FINANCE EDITOR AT "THE NEW YORK TIMES."

"THE NEW YORK TIMES." HIS NEW BOOK IS CALLED "DARK

HIS NEW BOOK IS CALLED "DARK TOWERS, DEUTSCHE BANK, DONALD

TOWERS, DEUTSCHE BANK, DONALD TRUMP AND AN EPIC TRAIL OF

TRUMP AND AN EPIC TRAIL OF DESTRUCTION."

DESTRUCTION." IT COMES OUT TOMORROW.

IT COMES OUT TOMORROW. LET ME ASK YOU ABOUT SOMETHING

LET ME ASK YOU ABOUT SOMETHING THAT I EXPECTED TO HAPPEN AT THE

THAT I EXPECTED TO HAPPEN AT THE START OF THE TRUMP

START OF THE TRUMP ADMINISTRATION WHICH I THOUGHT

ADMINISTRATION WHICH I THOUGHT WOULD BE AWKWARD.

WOULD BE AWKWARD. THE PRESIDENT TAKES OFFICE.

THE PRESIDENT TAKES OFFICE. WE KNOW VERY LITTLE ABOUT HIS

WE KNOW VERY LITTLE ABOUT HIS FINANCES BUT HE PROBABLY OWES

FINANCES BUT HE PROBABLY OWES HUNDREDS OF MILLIONS OF DOLLARS

HUNDREDS OF MILLIONS OF DOLLARS TO THAT ONE INSTITUTION.

TO THAT ONE INSTITUTION. THAT INSTITUTION AT THE TIME HE

THAT INSTITUTION AT THE TIME HE BECOMES PRESIDENT IS EXPECTED TO

BECOMES PRESIDENT IS EXPECTED TO BE IN THE CROSSHAIRS OF THE

BE IN THE CROSSHAIRS OF THE JUSTICE DEPARTMENT.

JUSTICE DEPARTMENT. THEY HAD JUST BEEN NAILED, HAD

THEY HAD JUST BEEN NAILED, HAD TO PAY A HUGE FINE IN THIS

TO PAY A HUGE FINE IN THIS RUSSIAN MONEY LAUNDERING

RUSSIAN MONEY LAUNDERING SCANDAL.

SCANDAL. IT WAS WIDELY BELIEVED THAT THE

IT WAS WIDELY BELIEVED THAT THE JUSTICE DEPARTMENT, FEDERAL

JUSTICE DEPARTMENT, FEDERAL JUSTICE DEPARTMENT WAS ABOUT TO

JUSTICE DEPARTMENT WAS ABOUT TO BRING A CASE AGAINST THEM FOR

BRING A CASE AGAINST THEM FOR ESSENTIALLY THAT SAME CRIME AND

ESSENTIALLY THAT SAME CRIME AND THAT WAS GOING TO BE A BIG

THAT WAS GOING TO BE A BIG CONFRONTATION IN TERMS OF THE

CONFRONTATION IN TERMS OF THE INDEPENDENCE OF THE JUSTICE

INDEPENDENCE OF THE JUSTICE DEPARTMENT.

DEPARTMENT. WHATEVER HAPPENED TO THAT CASE?

WHATEVER HAPPENED TO THAT CASE? >> YEAH, THAT IS THE MILLION

>> YEAH, THAT IS THE MILLION DOLLAR QUESTION.

DOLLAR QUESTION. SO BACK AT THE TAIL END OF THE

SO BACK AT THE TAIL END OF THE OBAMA ADMINISTRATION, MY

OBAMA ADMINISTRATION, MY UNDERSTANDING IS THAT THE

UNDERSTANDING IS THAT THE JUSTICE DEPARTMENT WAS CLOSE TO

JUSTICE DEPARTMENT WAS CLOSE TO BRINGING A CRIMINAL CASE AGAINST

BRINGING A CRIMINAL CASE AGAINST DEUTSCHE BANK, ACTUALLY PROBABLY

DEUTSCHE BANK, ACTUALLY PROBABLY CHARGING THE BANK ITSELF WITH A

CHARGING THE BANK ITSELF WITH A CRIME FOR ITS INVOLVEMENT IN

CRIME FOR ITS INVOLVEMENT IN RUSSIAN MONEY LAUNDERING.

RUSSIAN MONEY LAUNDERING. THE TRUMP ADMINISTRATION BEGINS

THE TRUMP ADMINISTRATION BEGINS AND DEUTSCHE BANK EXECUTIVES ARE

AND DEUTSCHE BANK EXECUTIVES ARE STEELING THEMSELVES FOR THIS AND

STEELING THEMSELVES FOR THIS AND THEY HEAR NOTHING.

THEY HEAR NOTHING. THE WEEKS GO PAST.

THE WEEKS GO PAST. INITIALLY THEY JUST THINK IT’S A

INITIALLY THEY JUST THINK IT’S A PRESIDENTIAL TRANSITION AND IT’S

PRESIDENTIAL TRANSITION AND IT’S JUST BEEN PUT ON THE BACK BURNER

JUST BEEN PUT ON THE BACK BURNER A COUPLE OF WEEKS BUT THEN THE

A COUPLE OF WEEKS BUT THEN THE MONTHS START PASSING AND A YEAR

MONTHS START PASSING AND A YEAR PASSES.

PASSES. DEUTSCHE BANK EXECUTIVES BECAME

DEUTSCHE BANK EXECUTIVES BECAME CONVINCED THIS WAS JUST TOO HOT

CONVINCED THIS WAS JUST TOO HOT TO HANDLE FOR THE TRUMP

TO HANDLE FOR THE TRUMP ADMINISTRATION.

ADMINISTRATION. THEY DID NOT WANT ANYONE IN THE

THEY DID NOT WANT ANYONE IN THE ADMINISTRATION TO BRING MORE

ADMINISTRATION TO BRING MORE PUBLIC ATTENTION TO THE VERY

PUBLIC ATTENTION TO THE VERY CLOSE RELATIONSHIP BETWEEN

CLOSE RELATIONSHIP BETWEEN DEUTSCHE BANK AND RUSSIA ON THE

DEUTSCHE BANK AND RUSSIA ON THE ONE HAND AND DEUTSCHE BANK AND

ONE HAND AND DEUTSCHE BANK AND TRUMP ON THE OTHER HAND.

TRUMP ON THE OTHER HAND. >> WE BELIEVE THAT THE PRESIDENT

>> WE BELIEVE THAT THE PRESIDENT STILL OWES THEM A TON --

STILL OWES THEM A TON -- >> HUNDREDS OF MILLIONS OF

>> HUNDREDS OF MILLIONS OF DOLLARS.

DOLLARS. >> A DEUTSCHE BANK SPOKESPERSON

>> A DEUTSCHE BANK SPOKESPERSON MADE A -- GAVE A STATEMENT TO

MADE A -- GAVE A STATEMENT TO "BUSINESS INSIDER" IN RESPONSE

"BUSINESS INSIDER" IN RESPONSE TO YOUR BOOK.

TO YOUR BOOK. >> THIS IS NEWS TO ME.

>> THIS IS NEWS TO ME. >> SAYING, READY, WHILE ELEMENTS

>> SAYING, READY, WHILE ELEMENTS OF THE NARRATIVE SEEM TO BE

OF THE NARRATIVE SEEM TO BE EXAGGERATED TO FIT INTO A STORY

EXAGGERATED TO FIT INTO A STORY LINE, WE HAVE LONG ACKNOWLEDGED

LINE, WE HAVE LONG ACKNOWLEDGED AND SOUGHT TO LEARN FROM OUR

AND SOUGHT TO LEARN FROM OUR HISTORICAL SHORTCOMINGS.

HISTORICAL SHORTCOMINGS. THAT’S THE STATEMENT.

THAT’S THE STATEMENT. WHAT HAS DEUTSCHE BANK SAID TO

WHAT HAS DEUTSCHE BANK SAID TO YOU IN RESPONSE TO YOUR

YOU IN RESPONSE TO YOUR REPORTING HERE, PARTICULARLY

REPORTING HERE, PARTICULARLY WHEN IT COMES TO WHAT YOU JUST

WHEN IT COMES TO WHAT YOU JUST DESCRIBED, THEIR TIES TO RUSSIA,

DESCRIBED, THEIR TIES TO RUSSIA, THEIR ADMITTED, CONFESSED AND

THEIR ADMITTED, CONFESSED AND PUNISHED TIES TO RUSSIAN MONEY

PUNISHED TIES TO RUSSIAN MONEY LAUNDERING AND THEIR

LAUNDERING AND THEIR SIMULTANEOUS TIES TO THE

SIMULTANEOUS TIES TO THE PRESIDENT?

PRESIDENT? >> FIRST OF ALL, THEY PUBLICLY

>> FIRST OF ALL, THEY PUBLICLY REFUSED TO SPEAK -- SAY MUCH OF

REFUSED TO SPEAK -- SAY MUCH OF ANYTHING IN THE PUBLIC ABOUT

ANYTHING IN THE PUBLIC ABOUT THEIR CLIENT.

THEIR CLIENT. THEY ACKNOWLEDGE TRUMP IS A

THEY ACKNOWLEDGE TRUMP IS A CLIENT.

CLIENT. TRUMP HAS DISCLOSED IN HIS

TRUMP HAS DISCLOSED IN HIS LIMITED WHITE HOUSE DISCLOSURES

LIMITED WHITE HOUSE DISCLOSURES THE AMOUNTS THAT HE OWES AND

THE AMOUNTS THAT HE OWES AND WHAT THOSE LOANS ARE.

WHAT THOSE LOANS ARE. THEY HAVE IN THE CASE OF TAMMY

THEY HAVE IN THE CASE OF TAMMY McFADDEN THAT WE WERE DISCUSSING

McFADDEN THAT WE WERE DISCUSSING EARLIER

EARLIER EARLIER, THEY SAID THAT THEY

EARLIER, THEY SAID THAT THEY HANDLED EVERYTHING PROPERLY.

HANDLED EVERYTHING PROPERLY. THEY’RE PLAYING DEFENSE.

THEY’RE PLAYING DEFENSE. AND THEY ARE TRYING TO

AND THEY ARE TRYING TO DESPERATELY, I THINK, TO MAKE

DESPERATELY, I THINK, TO MAKE THIS VERY BAD SITUATION WHERE

THIS VERY BAD SITUATION WHERE THEY ARE THE PUBLIC FACE OF

THEY ARE THE PUBLIC FACE OF DONALD TRUMP’S FINANCES.

DONALD TRUMP’S FINANCES. THEY’RE TRYING TO MAKE THAT GO

THEY’RE TRYING TO MAKE THAT GO AWAY AS BEST WE CAN.

AWAY AS BEST WE CAN. I THINK TO THEIR CREDIT HERE, IT

I THINK TO THEIR CREDIT HERE, IT SOUNDS LIKE THEY’RE OWNING UP.