This is a very inconvenient redaction in a filing from federal prosecutors today 
Prosecutors say Cohen "is being investigated for criminal conduct that largely centers on his personal business dealings."
More from prosecutors — "There can be no dispute that attorneys, like anyone else, may be criminally investigated for their conduct."
"The searches are the result of a months-long investigation into Cohen, and seek evidence of crimes, many of which have nothing to do with his work as an attorney, but rather relate to Cohen’s own business dealings," prosecutors say in new court filing
"Cohen holds himself out as a practicing attorney" — this strikes me as some legal shade being thrown by federal prosecutors
Here's a footnote in today's court filing defending the FBI raids using Cohen's own words
This is a big footnote. Prosecutors say communication between Michael Cohen and President Trump regarding Stormy Daniels may not be subject to attorney client privilege
It's never flattering when a court filing refers to your legal argument as a "novel proposition."
I have two main takeaways from the new court filing.
First, prosecutors say their investigation into Michael Cohen focuses on his business dealings.
Second, prosecutors are using Cohen and President Trump's own words against them.
First, prosecutors say their investigation into Michael Cohen focuses on his business dealings.
Second, prosecutors are using Cohen and President Trump's own words against them.
