TB, I agree with your analysis. It would have been a huge challenge to indict for perjury, but Michael's reputation would have been destroyed.

Michael handled his communications in the way we expect Mafia dons to handle them. He always insured that he had a buffer.

"Generosity. That was my first mistake."
"Experience must be our only guide; reason may mislead us."
"Instagram is Twitter for people who can't read."