'People with secrets should be very careful about threatening lawsuits. Discovery in a lawsuit is often the best way to prove the emperor has no clothes,' one former federal prosecutor warned.
Donald Trump is threatening legal action against NBCUniversal for what he alleges are"false and defamatory" comments about his loans with Deutsche Bank, but legal experts say any attempt to sue the network would likely be unsuccessful and even potentially damaging for the president.The Last Word With Lawrence O'Donnell
On Wednesday, MSNBC booking producer Michael Del Moro followed up with a tweet to say that the source also has not seen any documents from Deutsche Bank that would prove the information shared with O'Donnell. Legal experts say Trump's lawsuit would likely be unsuccessful but, if he were to sue, it could ironically lead to a"fascinating level of discovery" about his finances — a topic the president has tried to keep hidden from public view.
Last night I made an error in judgment by reporting an item about the presidentâs finances that didnât go through our rigorous verification and standards process. I shouldnât have reported it and I was wrong to discuss it on the air. I will address the issue on my show tonight."O'Donnell has not withdrawn the substance of his claim. Instead, he's indicated that he should have gone through the more rigorous verification process required by MSNBC.
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