Did Cohen have any business dealings with Jeffrey Yohai, Manaforts son-in-law, who got busted in several real estate frauds around the same time as Cohen was taking to Russian (Deripaska?) about the hotel in Moscow? Because it looks from the sentencing memo that Cohen was trying to go around Trump on the deal.
Manafort and Yohai were engaged in real estate deals in New York at the time (as well as in LA). Check out these dealings and details, then reread the sentencing memo again with these characters in mind, deliberate language used. Cohen never served as VP of Trump real estate, did he?