♪♪ hi, everybody, i'm yasmin vossoughian on a very busy saturday afternoon. an angry condemnation of the global community from the ukrainen president just hours ago in a speech on the world stage.ian president just hours ago in a speech on the world stage. as russia is poised to invade his country at any time. we are following the major developments on the ground in ukraine as russian president vladimir putin ratchets up

tensions with nuclear and ballistic missile tests. also this hour, canadian police taking a more in-your-face approach, cracking down on anti-vaccine protesters that have wreaked havoc in the country. and breaking news out of paris. a friend of jeffrey epstein is also facing sexual assault allegations, dead of an apparent suicide in his jail cell, just like epstein himself. plus a judge's decision on a january 6th lawsuit is the latest legal blow to former president donald trump. we're looking at the troubles that he is facing, including a looming deposition here in new york. we are also following some breaking news out of florida, everybody, of a helicopter crash caught on tape. this is miami beach that you're looking at right here. watch as the helicopter carrying three people plummets into the water at a very crowded beach. where there are so many people

swimming right there. and it is just feet, obviously, from shore there. a packed day in february in miami with a lot of beach goers, narrowly missing swimmers there. miami police saying two of the occupants were transported to a local hospital, where they are said to be in stable condition. first responders are on the scene and were also monitoring this as well. we're going to try and learn more per the cause of the crash and of course the status of the folks that are inside that helicopter. nonetheless, a terrifying scene there, especially if you were on the ground, watching that helicopter crash into the ocean right in front of your very eyes and/or in the water, just enjoying a beautiful day. all right, we'll stay on this for you and as it develops, we'll bring you more. i want to get now to the crisis between ukraine and russia. more perilous, more precarious than ever with the white house confirming their intelligence suggesting putin has chosen,

quote, catastrophic war over diplomacy. a short time ago, ukrainian president volodymyr zelensky took to the podium at the munich security conference in germany where world leaders have gathered this weekend. in his strongest condemnation of the global response to russia's aggression yet, zelensky told attendees his country should not have to beg for aid as threats of an imminent invasion mount. >> translator: we are going to protect our country with or without support of our partners, be it hundreds or 5,000 helmets, we equally appreciate the support but everyone needs to understand that this is not some kind of donation ukraine should be reminding of begging for. this is not just a broad gesture that ukraine should be bowing down for. this is your contribution into the european and international security for which ukraine has been serving as a shield for eight years now.

>> nbc's chief foreign affairs correspondent, andrea mitchell has the latest from munich. >> reporter: ukraine's president zelensky gave a fiery speech to the world leaders gathered here at the munich security conference, telling them that ukraine will defend itself, but where have they been? where has europe been for the last few years as russia has advanced on ukraine? even as russia took crimea in 2014. and saying that the u.s. and the other allies should put sanctions on the table, not impose the sanctions necessarily, but list the sanctions so that putin will know exactly what he is facing. the u.s. position was outlined by vice president kamala harris, her first major speech in a forum of this importance at such a critical juncture in history, and she laid out the position that president biden has been making, that secretary blinken made here yesterday. very strong speech from kamala harris that the u.s. will defend

ukraine, that ukraine's sovereignty is not negotiable, and that vladimir putin has to step back or the u.s. is prepared to punish him with strong and severe sanctions. that will obviously mean some pain for americans back at home, there are a lot of ways that they can punish vladimir putin. one is with energy sanctions, which he will retaliate against. another, of course, is that he could retaliate with cyberattacks against ukraine, as he has already, and also against the united states and u.s. infrastructure, u.s. corporations, so there's been a lot of warning coming from the white house in recent days that america has to look to its own defenses against cyber, that the private sector has to, because we don't know what vladimir putin will do, and of course, we heard that very strong warning from the president himself just last night, saying that the u.s. intelligence, the latest intelligence is that putin has decided that the decision is

clear to u.s. intelligence, that he has decided to invade. it's only a matter of time. u.s. officials are telling us here in munich, though, that there is a possibility that he will still decide on diplomacy, and as long as that possibility still lives, the u.s. is pushing and pushing really hard for diplomatic solution. >> all right, thank you to andrea for that. joining me now, from kharkiv, ukraine, near the russian border, is nbc's matt bradley. great to see you this afternoon. significant shift, obviously, in tone from zelensky from his calls for calm over the last few weeks 'til now. walk us through what you have been experiencing on the ground in the last few hours or so. >> reporter: yeah, i mean, it's been a significant shift on all levels of this conflict. you know, we saw president joe biden yesterday making that shift, where he went from just projecting intelligence assessments to actually saying that he was very certain that president putin had determined or was determined to invade

ukraine, and you know, what we're seeing on the ground is a paradigm shift as well. just today, according to the ukrainian military, there were 100 cross-border incidents and two ukrainian soldiers were killed today. now, these sorts of incidents aren't totally unusual, but the tempo of those incidents has increased, and when i talk about the border here, yasmin, i'm not talking about the russian border with the ukrainian border. i'm talking about kyiv-controlled ukraine, mainland ordinary ukraine like where i'm standing right now and those russian-backed separatist enclaves, so it's a big distinction because we have to remind our viewers, russia invaded ukraine already eight years ago and for many ukrainians, this is not a new conflict, but we're starting to see more and more incidents happening and there was a major top level delegation of military officials who were visiting the front lines just today. they came under shelling. so, we're starting to see the drum beat of war getting a little bit louder every day and really in just the past 24

hours, it has become absolutely deafening. yasmin? >> hey, matt, just quickly here, over the last week, as you and i have been speaking every day, it seems as this ukrainians in general are kind of going about their life, despite all that was being said around them, and as you mentioned, rightly so, right? back in 2014 -- they have been at war for quite some time, so these shellings, these shootings here and there, it's not necessarily something that is surprising to them. are they recognizing themselves now in the last 24 hours or so a shift that this thing is different, this time is different? >> reporter: it's hard to say, yasmin, i was speaking to one person here and i was like, are you getting afraid? are people getting afraid? they said, look, i live in east ukraine so until i see tanks in front of my house, i'm not going to be afraid. >> got it. >> reporter: so, you know, there's a certain reluctance to embrace what is happening, and i haven't really seen a palpable shift in attitude. the restaurants, the bars, they're packed, people are

walking on the streets, public transportation is going. nobody's loading their cars and driving west. it will take a lot to freak out this population, because they are used to it. they are harnded by years of war and 14,000 ukrainian soldiers dead in those trenches over that time period. so this is not typical, but it's not necessarily a unique cause for alarm, yasmin. >> the realities of a country that has been at war, something that we cannot really quite understand as americans. matt bradley, thank you. we're going to continue to follow the ukraine situation very closely over the next two hours or so. coming up at 12:00 p.m., joel rubin joining me live to discuss what, if any, last-ditch options president biden has left to find or use. it's a conversation that you don't want to miss. want to get to the latest in what has been a pretty tough legal week for the former president. a federal judge has denied the former president's request to toss multiple lawsuits that

accuse him of triggering the events of january 6th and argued that his twitter attacks, amidst the violence, suggest, quote, a tacit agreement between him and the rioters. with me now to discuss is nbc's allie raffa. good to see you. talk to me about how big of a blow this is to the former president's case and how likely it is that he could feasibly face consequences over this. >> reporter: well, yasmin, for now, this is a huge blow to his case because after all, the main argument that trump and his legal team were using to skirt these lawsuits was that trump was protected by not only the first amendment but the office of the presidency on january 6th, but in this whopping 112-page ruling by this federal judge, that's completely wiped out. he's saying that he -- that trump knew exactly the consequences of what he said and did on january 6th, calling

trump's speech that day, quote, akin to telling an excited mob that corn dealers starve the poor in front of the corn dealers' home. there's a lot that needs to develop in this case before we can guess what sort of penalties or punishments the former president faces but just the fact that these lawsuits are still standing is a huge deal. this federal judge saying that now these lawsuits are going to go into the discovery phase, which, yasmin, you know, time can only tell how many developments will come out of this. >> yeah, and we will be watching it as it unfolds. for now, thank you. but the former president's legal problems, they don't necessarily stop there, which i'm sure many of you know. within the last three weeks, donald trump and two of his children, don junior and ivanka, are going to be expected to sit for depositions now. it's part of a new york a.g. letitia james's ongoing investigation into the trump organization's financial dealings. that news is arriving shortly after mazars, trump's accounting

firm, announced it had cut ties with its long-time client and warned that ten years worth of his financial records can no longer be trusted. trump's legal team, they tried to frame that as a vindication. the state judge overseeing this case felt differently. criticizing the argument as, quote, reminiscent of lewis carroll, george or well and alternative facts. with me now to discuss, harry litman, as always, it is great to see you. help us break this down. it seems like the former president is in a world of legal trouble. as george conway put it in his op-ed earlier today, it seems as if he may not be able to escape legal liability this time around. no more teflon don. but talk me through it because that was a pretty scathing statement from the judge. >> and it was one of many. he really -- it was a real new yorker opinion and a new york oral argument, and he beat him up very badly, as george conway

puts it, you know, trump is quite an escape artist, but his escape routes are really unclear here. he can't play the delay game he's played with congress. they've got him on a 21-daytimeline. he will appeal but he has no real legal claims to stand on. the intermediate new york court and the highest court in new york will have a chance to enter a stay, even perhaps the u.s. supreme court, but you have to expect them to make quick work of it because all he's saying is, well, first, he's saying, i'm a president and it will really hurt me if i have to take the fifth. yeah. and then he's also saying, there's a parallel criminal investigation going on here, and if i have to be deposed in the civil one, it could hurt me there. again, yeah. it's a harsh rule, but it's a very well established one, and after this ruling, when he is deposed, the civil case, one of the biggest points is, if he

takes the fifth, and i think he probably will, first, there will be unbelievable made-to-order commercials because they'll juxtapose his taking the fifth with his saying that only guilty people do. but second, in a trial, the judge can tell the jury they can have an adverse inference, unlike in a criminal trial, so the evidence will look like everybody's saying inculpatory things and then to add to it, the cherry on top will be trump and ivanka and don junior saying, we take the fifth and the jury can assume that they would have been saying something bad. so, the prospects for the civil trial itself are huge. >> wow. so, taking the fifth is not necessarily a safeguard that you would expect it to be. and i just want to kind of remind folks what the former president's opinion is when it comes to taking the fifth, saying, the mob takes the fifth. that's what he said when hillary clinton aides did so.

he said, if you're innocent, why are you taking the fifth amendment? he added in 2014 as well, if you're innocent, do not remain silent. you look guilty as hell. and yet, it seems the only path forward, as you are laying out here, is the likelihood of him taking the fifth. >> i think so. his lawyers said that that's what he was going to advise them to do. he would be in a world of hurt, even bigger, if he didn't, and what he'll do, i think, yasmin, is they'll take it and then say, well, that's for mob bosses. here i'm just doing it because it's a crooked investigation, blah, blah, blah. but it will begin to cement his reputation in history as the sort of mob boss president, and it will be a world of hurt in the civil case, and back to the criminal case, it's, you know, they can't use it against him, but it will be catnip to prosecutors. and again, just having to sit for depositions, i want to tie this with what allie was just saying about the huge federal

court case that the judge green lighted yesterday. if that goes forward, he'll be facing the same kinds of direct questions about january 6th. so, for all the efforts, unsuccessful to date, of getting trump to give his version, probably false version, it looks like two civil plaintiffs might well make it happen, and quite likely, i would say, on this new york a.g. case. >> as always, harry litman, thank you. great to see you on this saturday. want to turn now back to that breaking news we're following out of florida, that unbelievable video of that helicopter crashing into the ocean, narrowly missing swimmers there, beach goers as well, on a beautiful, seems, february day. richard lui standing by for us. this video is pretty scary to see, especially if you were somebody on the ground there watching that helicopter come down. >> we always hear a helicopter, right, above, yasmin, and wonder

whether it's going to be okay because of videos like this. we're playing it right here. you can see right in this video that's coming from miami beach police, they posted this about 2:30. when this helicopter basically comes into the scene, into this video, it is not more than, like, three or four seconds before it actually hits the water, and if we zoom in and take a look at it, it's right in the middle of all of these swimmers, and that is the big concern here, obviously, as we look at the video closer. good thing the latest piece of information that we have, yasmin, is that two individuals were taken to the hospital. they're at jackson memorial hospital. they are in stable condition. after that entire thing happened right in front of our eyes, in front of all of those beach goers, and what we're hearing is that happened not more than two hours ago, around 1:10 p.m. so we're only about two hours, five minutes since this has happened. several reports showing that the faa says this helicopter is a robinson r-44, doesn't mean a

lot to us, but the key is how many folks could be on that helicopter. it's a light duty helicopter, holds four people, and evidently, right now, two occupants. we don't know if that's the pilot. we don't know if it was two people sitting in the back or one in front. we just know that at the moment, two occupants, stable condition. that bodes well, potentially, here yasmin, but we're waiting to hear more information. again, that r-44, robinson helicopter going into the ocean there in miami beach, not too long ago, about two hours ago, again, and we'll continue to follow the details on this. it really is probably on a bright, shiny day, as we were just saying, a real shock to a lot of people when they see that happen right in front of them. >> yeah, two things i'm watching here as you're talking, richard. first and foremost, wondering if there were any swimmers that were injured as that helicopter landed there or crashed into the water, i should say, because you said two people were transported to the hospital in stable condition. wondering if those were occupants.

in fact, do you have confirmation they were occupants of the helicopter or do we know, maybe, if they were people in the water? >> great question. they are saying two occupants, according to the miami beach police. that's all they posted. but when you look really closely to the video we're replaying for you, you can see how close this helicopter, right there, there's a couple of dots around them, swimmers equals dots in this picture because it's so hazy and fuzzy for us. but that would certainly be the concern because boy, just think about this. 10, 15 feet, little bit farther to the left, or even 25 feet and they're in the shore, yasmin. and you can see on this teeming, nice, warm day in miami beach, that would have been a catastrophe. so, glass half full. looks like they avoided bunches of people that on a normal day -- >> catastrophe. >> right? >> absolutely. yeah, they avoided catastrophe, it seems, with two occupants being transported and in stable condition. i mean, thank god for that. the other thing i was watching

there was as people were walking along the beach, if there was kind of this sudden turn, shock, if their heads suddenly turned, watching these kind of black dots freezing in time and motion, watching a helicopter crash before their very eyes into that ocean. i mean, it's just shocking. >> and also, the person taking this video. >> yeah. yeah. i know you're going to stay on this for us, so thank you for that. we're going to be checking back in as we learn more, of course, reaching out to miami pd to get more information on that. still ahead, everybody, financial fallout, so a deep dive into the deep debt facing the former president and his dwindling options. now that he has lost the backing of his long-time banking buddies. but first, too scared to teach. how the trend of policing race discussion in schools is already chilling classrooms. discussion in schools is already discussion in schools is already chilling classrooms. were delayed when the new kid totaled his truck.

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welcome back, everybody, some breaking sports news that we're following. brian flores has a new job but it's not the head coaching job that he had been seeking after being fired from the miami dolphins after the season flores will now join the pittsburgh steelers as the senior defensive assistant and linebackers coach. flores has filed a class action lawsuit against the nfl, claiming racial discrimination in their hiring practices. teachers across the country self-censoring and describing a climate of fear as states put into place rules that restrict

what they can discuss in the classroom, and then in some states, like, by the way, new hampshire, these laws go so far as to allow parents to complain to the state, which could result in a teacher losing their line, losing their job, losing their livelihood. jen gibben spoke to "the washington post" about what it's like to teach in this environment and she joins me now. jen, thanks for joining us on this. it is such a troubling time in so many respects, right, we are having this racial reckoning, we have been for quite some time in this country, and yet there is now this difficulty to teach about the history of race in this country. and parents and school boards in certain places making it more difficult for teachers like you to do just that. that must be a really heavy burden for you. >> it is. it's very troubling time to be a teacher. we are faced with being asked to violate our own ethical position in that fact should be taught in our classrooms.

and on the other side, we're being required to teach things that are factually inaccurate by omission, so they're looking for us to avoid teaching things like the fact that the united states or the state of new hampshire has had systemic racism in its laws and its culture, things that were enforced both legally and socially, and they have banned our ability to speak to those things with our students. and the penalty for that is losing our teaching license. >> so, i want to read what you told "the washington post" because you said that you used to teach students about racial disparities in economics partly by tying relative lack of black wealth to jim crow laws and discriminatory mortgage policies known as redlining. not anymore. you said, and i quote, we started avoiding modern parallels in order to avoid any question coming up that we were, by including this information, we were somehow suggesting one group is better than the other.

i mean, i'm sure it's hard enough to come up with a syllabus for teaching your students to try and feel like you're doing a good job and then you're having to take things away because you're worried you're going to lose your job. things that are integral for them to go out into the world, knowing about the history of our country, what about these kids? right? they're the ones that are, at the end of the day, going to lose out. >> i completely agree with you. one of the things that i think kids benefit from, from a historical education, is being able to see other people overcome challenges, so we look to our past in order to model something for ourselves in the future. it's really difficult when you take all of the struggle out of a story for a kid to think that they could potentially exceed, you know, or i guess succeed in a dangerous or challenging situation. we just had videos produced by

the state of new hampshire's department of education, and in partnership with the conservative woodson institute, they published a video for black history month that spoke about the benefits of booker t. washington's work on behalf of black students, which is true, but they neglected to mention anything about jim crow or the challenges facing those students with the kkk or even the fact that educating black students had been illegal, which is why booker t. washington needed to create schools in the first place. so, by taking the struggle out, you are kind of implying to students that, unless they are perfect, unless they are faced with a very easy situation, that they too won't be able to rise to a challenge. right? that they can't see themselves in the story and they can't succeed in a story. >> so what do you do? >> well, you take all the invitations that you can get to

speak about it publicly. you rally parents. you ask for as much help as you can get. right now, i feel like we need people running for our school board seats that are pro-education. we need people running for our state house seats and senate seats. we need a governor that is more pro-education and a department of education that actually values education. those are all things that are really difficult to address as one person in your classroom, but that's why i have been accepting opportunities to speak on behalf of teachers and our students. >> jen given, you're doing good work and we appreciate each and every teacher out there. because it's hard work. thank you so much. we appreciate you joining us today. want to turn now to canada's national capital of ottawa. police there aggressively pushing back protesters in canada's besieged capital today,

seizing control of big rig trucks at the center of anti-vaccine mandate protests that have become a focus of fox news and other right-wing media. joining me now is glen mcgregor, senior correspondent at ctv news. aggressive escalation here after three weeks of these protests. you've been on the ground there all day. do you think this is the end of demonstrations? because it seems like things are really going on behind you. even still. >> that's what you guys do. you say everyone here is violent. it's the cops. tell the truth about justin trudeau. who's his daddy? >> reporter: this is a feature of these demonstrations, yasmin. we haven't seen in canada a whole lot, the maga movement in the united states, you've seen a lot of this kind of thing, but protesters not only see the occupation of the city for three weeks, increasingly turning their anger against journalists, we've seen a lot of our colleagues covering these protests being harassed, screamed at, as you can hear.

this is the one thing, yasmin, that united states these groups that have been protesting here in ottawa for the last three weeks is the way they feel about the media, and they are venting it loudly and often as you can tell. so, we are -- apologize. they're not going to be kinder, gentler canada you might be used to seeing. >> liars. >> you're a true hero, huh? >> glenn, we appreciate you talking to us. thank you so much. i'm going to let you go and maybe move to another spot. thank you. coming up, everybody, breaking news out of paris where an associate of jeffrey epstein was found dead inside a french prison in circumstances remarkably similar to how epstein died himself. a live report on that after the break. similar to how epstein died himself a live report on that after the break. oh, man that is wrinkly. like, not even just a little wrinkly, that's a whole lot of wrinkly. i've got wrinkles on top of wrinkles! at least my shoes look good!

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the office says that it appeared jean-luc, quote, died by suicide because he was discovered dead by hanging himself with his sheets. nbc's raf sanchez is here joining us. this is astounding to hear, especially considering the fact that he died exactly the same way jeffrey epstein did as well and also that he wasn't necessarily on suicide watch facing these charges. talk to us about what more we know and his association with epstein. >> yasmin, these parallels are so striking. here's what we know. french authorities say he was found in his prison cell at 1:30 a.m. this morning. in a prison in the south of paris. he was being held in pretrial detention. he had been charged in france with raping a minor but he was being investigated for trafficking women to the united

states for epstein to abuse. now, his lawyers have put out a statement saying he fought for his innocence to the end. i'm going to read that to you. it says, his distress was that of a 75-year-old man caught up in a media judicial system that we should be questioning. jean-luc brunel never stopped claiming his innocence and had made many efforts to prove it. his decision was not driven by guilt but by a deep sense of injustice. now, yasmin, he was a long-time friend of epstein's. these two men knew each other for decades. they traveled together frequently. there are a lot of pictures of brunel on epstein's private plane. epstein helped him set up that modeling agency in the united states but they fell out when epstein fell from grace, and brunel actually ended up suing epstein at one point, saying his association with him was damaging his modeling agency's business prospects. but one of the things that's so striking here is, as you said,

epstein has been dead from three years -- for three years, but the fallout from his abuse just continues to reverberate and reverberate. just this week, you'll remember, prince andrew, here in britain, settled that abuse case with virginia, a victim of jeffrey epstein's, who said that the prince abused her. ghislaine maxwell, of course, back in december, convicted of sex trafficking, of bringing young women to epstein, so this really continues to echo, yasmin. >> it sure does. raf sanchez, thank you for bringing it to us. we appreciate it. we want to go back now to miami and that helicopter crash on miami beach. joining me now, by the phone, is graham howell, who witnessed the moment that the helicopter crashed. graham, do i have you? >> you have me if you can hear me clearly. >> yeah, i can, graham. thanks for talking to us. so, what did you see happen?

>> well, i'm actually in south beach right now on a vacation, and we were in the water with probably somewhere around 100 to 200 folks at the time of the crash, and my brother-in-law actually looked up and said, hey, look up, watch out. and we look over and about 30 to 50 yards from us is a helicopter hovering 30 yards above the water, and basically, what that helicopter was doing, what may have been going through the mind of that pilot, but it looks as though he was trying to combat some sort of engine failure or some sort of air lift, and trying to find a safe space around the people there to lay that helicopter down or push it in the water. once it did hit the water, fairly close to some people right in front of us, the propellor blades actually broke off and the helicopter itself turned sideways and started sinking just a little bit.

that might speak to what the pilot was trying to do, right? he may have been aiming for some more shallow water so they could get some help. there are conflicting reports. i don't know if there were two or three passengers, but from what i have heard, either two or three did make it out safely. probably mostly with the help of some of just the vacationers here on the beach. >> so, did you see, graham, any of the people trying to get out of the helicopter? were you that close to see everybody inside? >> yeah, we were right there on it. and it looked like probably about five to ten people who were just a little bit closer than us went to the helicopter, trying to open the doors, break the windows and assist the pilot and passenger or passengers that were in flight there. >> and once that helicopter hit the water, was the propellor still -- was it still spinning? that is incredibly dangerous, obviously, for the swimmers

around. was it -- did it completely shut down the second it hit the water? >> no, it completely shut it down and i think that was probably the advantage of it hitting the water. a little bit of a softer landing, not as much of a reactionary force and parts from the helicopter going flying. it was almost as though it just set down and completely stopped moving so i don't think there were more than two or three rotations from the blades as soon as they hit the water. i don't know how fragile those pieces are, but they seemed to hold together pretty well, but also crumble pretty well if that makes sense. so, if that's a crash advantage, then good job to the helicopter manufacturer. but now, i don't exactly know how long it's been since the time of the crash, but there are still plenty of police boats, rescue boats and everything in the water. they've actually cordoned off probably, i would say, a hundred yard by hundred yard area of the beach here in south beach where everybody's wondering what's

going to happen next, how are they going to get this thing out of the water, so it's actually sitting on its side right now, on its right side with the left side flipped forward, completely perpendicular to the water. so, it's an interesting sight to see. >> yeah, i bet. not something that you would ever imagine to see on your vacation in miami beach. on a beautiful day in february. graham, i thank you for taking the time. and man, i'm glad you're safe, along with your friends as well and your family members, and other people around. we are hearing that so far, just two people were transported to the hospital. and are in stable condition. so, best case scenario at this point, graham, thank you. >> absolutely best case scenario. >> thanks for talking to us. >> absolutely. thank you. we'll be right back, everybody. we'll be right ba, everybody. challenges. and a few surprises. ♪

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a.g. letitia james, mazars, trump's accounting firm, has officially cut ties with its long-time client and warned that ten years' worth of his financial statements cannot be trusted. it's the latest chapter in a legal saga that our next guest has chronicled since 2016, back when trump's audacious claims about his worth were still taken by some at face value. let's talk about this with "new york times" investigative reporter susanne craig. thanks for joining us. we appreciate it. as always, good to talk to you. i got to say, let's talk first about mazars, and i want to read a little bit from mazars letter where they don't necessarily mince words, saying this. we write to advise that the statements of financial condition for donald j. trump for the years ending june 30, 2011, through june 30, 2020, should no longer be relied upon, and you should inform any recipients thereof who are currently relying upon one or more of those documents that those documents should not be relied upon.

so this is not just affecting something as simple as trump's accounting, right? taxes are due. i don't have an accountant. this is a lot bigger, right? because you think about all of the financial disclosures that we have learned about over the last few years. the amount of money the former president and trump organization owes, those loans that are coming up and the loans that he still needs to seek out, and he's got nothing to give at this point. >> well, it's interesting. so, a couple things. first of all, the accounting firm in sort of jumping ship here, they did say that there's been no material, in their view, there was nothing material that we found. we don't really know what happened here. i would imagine they're cooperating. they've handed over hundreds of thousands of documents, somewhere in there, there was something that gave them cause and you know, that probably all the noise around this and everything else, but whatever it

was, they are gone. so, donald trump now has in place, and i don't know the full scope of this, but another accounting firm. they're down in texas. we don't know a lot about them. so he's at least, now, got something in place. but this is just a siren in terms of, you know, for your lenders when not only -- not only has your accounting firm resigned. your cfo has been indicted in manhattan court, criminal, as has the company. these things are not good. and this is going to roll over now into their lending, the trump organization, if it was publicly held, this would be just devastating for them, but they're not. they're privately held. they have some important loans coming up in the next -- in the near term. they have a loan that's on the building that we're looking at there, the trump tower. it's about $100 million, and it's with a firm called ladder capital, and that firm is, i would say, friendly with the trump organization.

i would imagine they will be able to get that loan extended. they may have to pay higher terms. there's also other issues with the trump tower, their occupancies are down, so there's going to be a discussion between trump and his lender, i would imagine, that ladder capital may move forward with that. he's also got -- and this is where things get tricky. he's got some loans out with deutsche bank. there's one at the old post office hotel in washington for $170 million. much of which donald trump has personally guaranteed so he's on the hook for it. that hotel is not only up for sale, there's an agreement to sell it. that may go through or it may not go through. that's at least something worth watching. and then the third loan to keep an eye on is the one that he's got at dural, his golf course in florida, and that's also involving deutsche bank. it's about $125 million. when you think about dural, there's nothing really good news happening down there. he put $150 million into that to

buy it. he's pumped $213 million in fresh capital and then "the new york times" got ahold of his tax returns and we know at least from 2012 to 2018, he's had $162 million in losses on that course. you can't imagine it got better during covid. he's going to have to go in now and try and refinance that loan. there's been reporting at the "new york times," david is a reporter who covers deutsche bank very closely. he's heard and has reported that deutsche bank doesn't want to do any further business with the trump organization. that may change. who knows? with these players and these characters. but he's going to have to try and get new lending on that. it's tight, you know? it's -- you're -- i'm thinking maybe we're going to see more asset sales as we go forward. this is not a good picture. his businesses don't make money. and this is just all, like, it's a bit of a vise. there's more pressure on him. >> it's interesting. i was just going to ask you that

question that you just answered, which is, is he even making any money anymore? are any of his businesses or properties even making money? but you just answered that for us. no. the businesses are all just hemorrhaging money left and right so you can't help but think they're sweating a little bit over there as all of these -- >> you know, i sort of look for indicators, like selling the old post office probably because he put so much effort into that, it only opened right before he became president. it's considered probably one of his best assets. he's selling it. i mean, that would indicate to me, it's an observation that he probably needs cash and i wouldn't be surprised to see other sales going forward. >> he needs the cash. >> yeah. >> yeah. he needs the cash. susanne craig, thank you for your expertise on this. we appreciate it. hope you come back. still ahead, everybody, what california is calling a smarter plan as it unveils the state's endemic policies. we'll be right back. nveils the s endemic policies we'll be right back.

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there is leeway for municipalities to make some of their own rules. that's why we're here in portola valley. this is san matteo county, so now, with the indoor mask mandate coming off for people who are vaccinated in california, as of last wednesday, you can go into that supermarket behind me without a mask, no problem. but if you're essentially across the street, that's santa clara county. they still have a mask mandate because they want to wait for the case rates to come down some more. this also extends to individual businesses, so for example, a hair salon owner over in fremont in alameda county, no countywide mask mandate there anymore but she notes that some of her staff are still with clients for two and a half hours at a stretch, so she's keeping a mask requirement for now. >> i feel like i'm still lots going on with the virus and i feel like more safe, again, for my coworkers and my guests to

have a cover. it's more comfortable. >> reporter: the mask situation is just part of this. there is now, as we said, an endemic strategy unveiled this past week by governor gavin newsom and it is called s.m.a.r.t.e.r. that's an acronym for shots, masks, awareness, readiness, testing, education and prescription treatments for covid as the disease becomes something that we basically learn to live with. yasmin? >> yeah. scott cohn for us in california. thank you for that. coming up in our next hour, everybody, the latest from that helicopter crash at a busy miami beach, all caught on camera. we'll be right back. miami beach, all caught on camera. beach, all caught on camera. we'll be right back. ♪ ♪ before you go there, or fist bump there,

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