The New York Times reports that Trump aides had a scheme to secure peace in Ukraine that would have allowed Putin to keep Crimea. Even better,

… the proposal, a peace plan for Ukraine and Russia, remains, along with those pushing it: Michael D. Cohen, the president’s personal lawyer, who delivered the document; Felix H. Sater, a business associate who helped Mr. Trump scout deals in Russia; and a Ukrainian lawmaker trying to rise in a political opposition movement shaped in part by Mr. Trump’s former campaign manager Paul Manafort.

In case you haven’t heard of Felix Sater —

The Russian-born Sater served a year in prison for stabbing a man in the face with a margarita glass during a bar fight, pleaded guilty to racketeering as part of a mafia-driven “pump-and-dump” stock fraud and then escaped jail time by becoming a highly valued government informant.

He was also an important figure at Bayrock, a development company and key Trump real estate partner during the 2000s, notably with the Trump SoHo hotel-condominium in New York City, and has said under oath that he represented Trump in Russia and subsequently billed himself as a senior Trump advisor, with an office in Trump Tower.

Sater is a mob-connected hustler, this article from Forbes says. On several occasions Trump has either denied knowing Sater or says he barely knows him, but in fact they’ve done a lot of business together, much of it concerning Russia.

Josh Marshall explains,

First, let’s review a bit about Felix Sater. Sater was born in the Soviet Union in 1966 and emigrated to the US with his parents at the age of 8. He is an American citizen. He dropped out of college and began working as a stock broker. But in his late 20s he got into bar fight where he stabbed a fellow broker in the face with a shattered glass. He did time in prison for this attack. After he got out he got involved in a major securities fraud scheme (basically a ‘pump and dump’ operation) tied to the Genovese and Colombo crime families. He got caught. And that’s where things get interesting.

After Sater got busted, somehow he managed to offer his services to the FBI and supposedly the CIA to work on their behalf purchasing stinger missiles and other weapons on the then wild and free-wheeling Russian black market. Whatever Sater was doing for the CIA in the black market arms smuggling world seems to have become much more important after 9/11 – thus Sater’s high value to the US government.

I know that sounds all but incredible. The details of Sater’s alleged work for the CIA are contained in this September 2012 article in The Miami Herald. A good bit of the story emerges from an account by Sater’s accomplice, Salvatore Lauria. Lauria was Sater’s accomplice in the pump and dump scheme and was also there the night he stabbed the guy in the face at the bar. And yes, we’ll hear more from him in a moment. Because Lauria was also involved with Sater and Trump in the Trump SoHo building project.

The Miami Heraldarticle I’m referring to is no longer online. I’ve linked to a copy of it on a Yahoo groups page. But I’ve read it in the Nexis news database; it’s legit. There’s more and overlapping detail on both the securities fraud case and the alleged work for the CIA in Central Asia in this December 2007 piece in The New York Times.

Back to the New York Times …

A week before Michael T. Flynn resigned as national security adviser, a sealed proposal was hand-delivered to his office, outlining a way for President Trump to lift sanctions against Russia. …

…The amateur diplomats say their goal is simply to help settle a grueling, three-year conflict that has cost 10,000 lives. “Who doesn’t want to help bring about peace?” Mr. Cohen asked.

But the proposal contains more than just a peace plan. Andrii V. Artemenko, the Ukrainian lawmaker, who sees himself as a Trump-style leader of a future Ukraine, claims to have evidence — “names of companies, wire transfers” — showing corruption by the Ukrainian president, Petro O. Poroshenko, that could help oust him. And Mr. Artemenko said he had received encouragement for his plans from top aides to Mr. Putin.

The devil would be in the details … Oh, and did I mention that Cohen is under FBI investigation for his ties to Russia? Read the rest of the NY Times article for details.

Oh, and Ukraine is kind of pissed off about all this.

Back to Josh Marshall.

Having spent some time studying the matter, the biggest red flags about Donald Trump’s ties to Russia and businessmen around Vladimir Putin have always been tied to the Trump SoHo building project in Lower Manhattan, from the first decade of this century. I base my knowledge of this on this rather cursory but still quite good April 2016 article from the Times and my own limited snooping around the Outer Boroughs Russian and Ukrainian emigre press. (I summarized the most salient details of the earlier Times article in Item #3 of this post.) This was a key project, perhaps the key project in the post-bankruptcy era in which Trump appeared heavily reliant on Russian funds to finance his projects. Sater was at the center of that project. The details only came to light after the project got bogged down in a complicated series of lawsuits.

After the lawyers got involved, Trump said he barely knew who Sater was. But there is voluminous evidence that Sater, a Russian emigrant, was key to channeling Russian capital to Trump for years. Sater is also a multiple felon and at least a one-time FBI informant. Bayrock Capital, where he worked was located in Trump Tower and he himself worked as a special advisor to Trump. Again, read the Times article to get a flavor of his ties to Trump, the Trump SoHo project and Russia. For my money there’s no better place to start to understand the Trump/Russia issue.

On its own, Trump’s relationship with Sater might be written off (albeit not terribly plausibly) as simply a sleazy relationship Trump entered into to get access to capital he needed to finance his projects. Whatever shadowy ties Sater might have and whatever his criminal background, Trump has long since washed his hands of him. (Again, we’re talking about most generous reads here.)

But now we learn that Sater is still very much in the Trump orbit and acting as a go-between linking Trump and a pro-Putin Ukrainian parliamentarian pitching ‘peace plans’ for settling the dispute between Russia and Ukraine. (Artemenko is part of the political faction which Manafort helped build up in the aftermath of the ouster of his Ukrainian benefactor, deposed President Viktor Yanukovych.) Indeed, far, far more important, Cohen – who is very close to Trump and known for dealing with delicate matters – is in contact with Sater and hand delivering political and policy plans from him to the President.

Were Cohen not involved, one might speculate that Sater is just up to yet another hustle, looking to parlay his one-time association with Trump into influence with the new President. Cohen hand delivering his messages to the President changes the picture considerably. How or why Cohen would do this, if for no other reason than the current massive scrutiny of Trump’s ties to Russia and Sater’s scandals, almost defies belief. But here we are.

The Times reported that the plans actually were hand delivered to Michael Flynn, and it’s not clear if he passed them on. But it’s interesting that Michael Flynn’s depature signalled a change in policy in Russia. Russian media have cooled on Trump, on orders from Putin himself, this report says. Russia may have been trying to use Flynn do an end-run around the State Department and build backchannels to President Trump.

But Trump keeps the State Department out of his loop anyway, so I don’t know why they bothered. Putin could probably just call Trump on his private cell phone and dictate what he wants.