WEBVTT - Inside Michael Cohen's Cross & Menendez Bribery Trial

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<v Speaker 1>This is Bloomberg Law with June Brusso from Bloomberg Radio.

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<v Speaker 2>The last time I appeared before Congress, I came to

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<v Speaker 2>protect mister Trump. Today I am here to tell the

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<v Speaker 2>truth about mister Trump.

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<v Speaker 1>Michael Cohene's testimony in the Trump hush money trial is

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<v Speaker 1>similar to his congressional testimony back in twenty nineteen, in

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<v Speaker 1>that he explained how he went from being Donald Trump's

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<v Speaker 1>lawyer and fixer to being the star witness against him.

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<v Speaker 1>Cohen is testified that the former president signed off on

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<v Speaker 1>a plan to cover up the one hundred thirty thousand

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<v Speaker 1>dollars hush money payment to adult film actress Stormy Daniels

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<v Speaker 1>to keep their alleged sexual encounter out of the news

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<v Speaker 1>ahead of the twenty sixteen election. The prosecution has basically

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<v Speaker 1>built its case around Cohen will be the final witness

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<v Speaker 1>for the Manhattan Da, joining me as Bloomberg Legal reporter

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<v Speaker 1>Patricia or Tada, who has been in the courtroom for

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<v Speaker 1>all the testimony. Before we go inside the courtroom, Pat,

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<v Speaker 1>let's talk about how Republicans, including the Speaker of the House,

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<v Speaker 1>Mike Johnson, Alabama Senator Tommy Tubberville, and other Republicans came

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<v Speaker 1>to support Trump on Tuesday and make statements on his

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<v Speaker 1>behalf outside the courthouse.

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<v Speaker 2>Mike Johnson showed up outside the courtroom but never went

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<v Speaker 2>inside the courtroom, so go figure that out. So he

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<v Speaker 2>was there to support Trump but didn't go into the courtroom.

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<v Speaker 2>So the Republican politicians showed up to show the support

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<v Speaker 2>for Trump, and then with the exception of Mike Johnson,

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<v Speaker 2>four of them went in to the courtroom and sat

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<v Speaker 2>in the front row, and then during a break they

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<v Speaker 2>left in the morning and came back late, and they

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<v Speaker 2>arrived just as Michael Cohen was describing to the jury

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<v Speaker 2>how he decided to seek guilty and start cooperating with

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<v Speaker 2>the government. And it was a very heartfelt moment where

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<v Speaker 2>he was describing how he basically had a reckoning with

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<v Speaker 2>his children, his eldest daughter, who was a freshman at

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<v Speaker 2>the University of Pennsylvania, and he said he was protecting

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<v Speaker 2>his family, and then his daughter told him that we're

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<v Speaker 2>your family, they're not your family, and you have to

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<v Speaker 2>think about us, and that's when he decided to be guilty.

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<v Speaker 2>And he's choking up with emotion, and then who comes

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<v Speaker 2>clattering down the center aisle of the courtroom, disrupting proceeding.

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<v Speaker 2>But the Republicans who came to show the support for

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<v Speaker 2>Donald Trump. It was a weird, disjointed moment. I don't

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<v Speaker 2>know if the jury was paying attention. It was kind

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<v Speaker 2>of to those of us, the reporters in the audience,

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<v Speaker 2>it was odd to see people being allowed to walk

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<v Speaker 2>into the courtroom in the middle of trial, in the

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<v Speaker 2>middle of testimony, and no one said a word to

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<v Speaker 2>them that would not be permitted from anyone else. But

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<v Speaker 2>this group and math arrived and clambered down the aisle,

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<v Speaker 2>clonking with their heels and sitting down.

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<v Speaker 1>Has the prosecution complained to the judge about the fact that,

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<v Speaker 1>for example, Mike Johnson in his statement, he's saying almost

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<v Speaker 1>word for word what Trump has said about the trial

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<v Speaker 1>about Michael Cohen. So Trump is using them to avoid

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<v Speaker 1>the gag order he's under.

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<v Speaker 2>Trump yesterday called them his surrogeis and it does appear

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<v Speaker 2>about he's using them as this mouse key surrogates to

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<v Speaker 2>speak and say the things he's not permitted now as

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<v Speaker 2>a descendant. Judge Mershawn, who's presiding over the case, has

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<v Speaker 2>some power and authority over Trump to say, behave and

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<v Speaker 2>don't make comments about the witnesses and the jury. I

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<v Speaker 2>guess this is their way of trying to do an

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<v Speaker 2>end run around the court rolls and around the judge's

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<v Speaker 2>dag order. No one has complained yet, and I don't

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<v Speaker 2>know if Murshawn has any authority to say anything to

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<v Speaker 2>direct members of Congress or former politicians like Visick Rowasani

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<v Speaker 2>to not say anything.

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<v Speaker 1>Like the judge has any control over what they say.

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<v Speaker 1>Let's turn out to Michael Cohen's testimony. Tell us about

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<v Speaker 1>his demeanor on direct examination.

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<v Speaker 2>He mad quite a different presentation than he did when

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<v Speaker 2>he testified as the New York Attorney General civil fraud

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<v Speaker 2>case in October. There, he was harried, he filled out

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<v Speaker 2>his story, He was very anxious, nervous, and he went

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<v Speaker 2>on and gave very long answers that were very disjointed.

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<v Speaker 2>And then when cross examination came up with close examined

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<v Speaker 2>by Alena Haba, Trump's lawyer, she managed to immediately get

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<v Speaker 2>under his skin, ruffle him, unnerved him, and needle him,

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<v Speaker 2>and then he got very combative and defensive. This time,

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<v Speaker 2>he didn't do that his answers on direct examination by

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<v Speaker 2>prosecutor Susan Hoffinger was very methodical, quiet. He gave very

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<v Speaker 2>simple answers, no, ma'am, yes, ma'am. He didn't elaborate or

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<v Speaker 2>get broader any long involved anecdotes. I thought it was

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<v Speaker 2>very effective because basically he told a very simple story.

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<v Speaker 2>And this is a story he's been telling, as we

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<v Speaker 2>all remember, since he completed guilty in August twenty eighteen,

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<v Speaker 2>so for six years he's told this different story, and

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<v Speaker 2>now he got his chance to finally confront Trump. He

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<v Speaker 2>did a couple of times shoot a glance over at

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<v Speaker 2>the defense table, but I did notice whenever he got

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<v Speaker 2>up and to be moved and leave the courtroom, the

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<v Speaker 2>court officer sort of blocked him off from Trumps and

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<v Speaker 2>they basically stopped any confrontation. And that's kind of what

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<v Speaker 2>happened when Madeline Westerhouse testified, she seemed to go on

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<v Speaker 2>to go up to Trump, but the court officers prevented her,

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<v Speaker 2>and Trump seemed to try to go up to Hope

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<v Speaker 2>Hicks and greet her but was against blocked. None of

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<v Speaker 2>this was allowed to happen in front of the jury.

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<v Speaker 1>Explain how he explained the hush money payment to Stormy

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<v Speaker 1>Daniels Trump's connection to the hush money payment to Stormy Daniels.

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<v Speaker 2>A big, seventy thousand foot version is that macro view

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<v Speaker 2>is that they find out after the Acts of Hollywood

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<v Speaker 2>papers come out in October twenty sixteen, weeks before the election,

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<v Speaker 2>they find out that Stormy Daniels is shopping her story.

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<v Speaker 2>And the reason they find this out is because of

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<v Speaker 2>this agreement they have with David Pecker and the National Inquirer.

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<v Speaker 2>Cohen and Trump get alerted about the fallacious story that

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<v Speaker 2>Sterermy Daniels was trying to shop her story. Thorn Star

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<v Speaker 2>says she had sex response in two thousand and six

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<v Speaker 2>and had him and sexual encounter with him. As a

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<v Speaker 2>result of that, he alerts everybody and he starts freaking

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<v Speaker 2>out to Keith Edelman, who's Stormy lawyer, and they discussed

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<v Speaker 2>some kind of payment, and he's discussing this with David

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<v Speaker 2>Pecker as well, who had originally agreed to pay off

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<v Speaker 2>one hundred and fifty thousand dollars to Karen McDougal, the

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<v Speaker 2>Playboy model, to buy her silence for her story that

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<v Speaker 2>early age on this bump, and then the National Inquirer

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<v Speaker 2>paid fifty thousand dollars for a doorman, a Trump Tower

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<v Speaker 2>dorm man, who claimed that Trump had fathered an illegitimate

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<v Speaker 2>child with one of the female Latina employees. So Peckard

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<v Speaker 2>already worked over one hundred and eighty thousand dollars at

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<v Speaker 2>this point. So Pecker consulted with his lawyer and told

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<v Speaker 2>Cohen he wasn't going to pay anymore. And apparently Pecker

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<v Speaker 2>now became concerned that this could be a campaign finance violation,

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<v Speaker 2>so he didn't want to pay. So then Cohen says

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<v Speaker 2>he got very concerned about having to pay this off

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<v Speaker 2>quickly because the election was about will happen, and Trump

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<v Speaker 2>had told him this is terrible, this is quote a

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<v Speaker 2>disaster for the campaign. If I win, it won't matter,

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<v Speaker 2>and if I lose the presidency, I won't care. And

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<v Speaker 2>then Cohen says that Trump was pulling terribly with women,

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<v Speaker 2>so he was worried too. So then the decision comes

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<v Speaker 2>to he's going to pay Stormy off himself. So he

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<v Speaker 2>has this discussion won't pay, He decides to make the payment,

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<v Speaker 2>and he described in great detail a lot of the

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<v Speaker 2>things that jury's already seen. They've seen text between Stormy's

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<v Speaker 2>agent and for a lawyer discussing the payment. They've seen

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<v Speaker 2>emails between Cohen and Stormy's lawyers discussing the payment. They've

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<v Speaker 2>seen bank records where Cohen made the payment, and now

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<v Speaker 2>we hear it from his own words linking him up

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<v Speaker 2>to Trump. What he said, which was very interesting yesterday

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<v Speaker 2>the last day of direct was that he has a

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<v Speaker 2>discussion with Trump after the elections at the White House

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<v Speaker 2>in the Oval office, and Trump asked him, are you

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<v Speaker 2>doing okay? And he says, well, you know. He mentions

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<v Speaker 2>that he hasn't been paid for January and February, which

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<v Speaker 2>would be the start of the payments to the repayment

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<v Speaker 2>of one hundred and thirty thousand dollars that he was

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<v Speaker 2>supposed to get back from Trump. So Trump tells him,

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<v Speaker 2>see Alan Weifelberg and Alan Weifelberg, who was not allowed

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<v Speaker 2>to do anything financially without Trump's approval, and he was

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<v Speaker 2>not aligned to side any check for over a certain

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<v Speaker 2>amount of money without prior permission from Eric Trump, Don Junior,

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<v Speaker 2>or Donald Trump himself suddenly is sending texting it. So

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<v Speaker 2>Don Junior and Eric pay for a seventy thousand dollars installment,

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<v Speaker 2>which is two checks for January and February, and then

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<v Speaker 2>the jury saw another chess sign and then they saw

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<v Speaker 2>the eighth check that he said Donald Trump shigned from

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<v Speaker 2>the White House when Donald Trump was president already in

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<v Speaker 2>twenty seventeen. So every month onward h chess signed by

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<v Speaker 2>Donald Trump personally. And to his testimony that Donald Trump

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<v Speaker 2>has proclaimed in books and in interviews that he wouldn't

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<v Speaker 2>sign any check without knowing exactly what it was for.

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<v Speaker 1>So, Pat, what are the documents that are most supportive

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<v Speaker 1>of his test testimony that corroborate his claims that Trump

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<v Speaker 1>knew and approved the hush money payments.

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<v Speaker 2>The text, there's emails, there's tons of records, and there's

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<v Speaker 2>tons of text messages back and forth. There is a

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<v Speaker 2>handwritten document and it's basically Weifelberg scrapch notes calculating how

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<v Speaker 2>he'd repay coent. It got quote unquote grossed up and

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<v Speaker 2>multiplied up. It was one hundred and thirty thousand dollars.

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<v Speaker 2>Cohen said he was owed of fifty thousand dollars or

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<v Speaker 2>a job he'd done for Trump, and Trump had never

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<v Speaker 2>paid him back. He was expecting to get reimbursed for

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<v Speaker 2>his bonus for twenty seventeen. You know, the December check

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<v Speaker 2>that everybody loves to get for Christmas check is a bonus.

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<v Speaker 2>He didn't get anything like that from Trump. He was

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<v Speaker 2>expecting an additional amounts of money. So dry Solders basically

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<v Speaker 2>scrappad of all the calculations that added up to the

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<v Speaker 2>one hundred and thirty thousand plus fifty thousand, multiplied by

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<v Speaker 2>certain quantifiers. Because Cohen was in a certain tax bracket,

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<v Speaker 2>that ended up being one hundred and eighty thousand dollars payment,

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<v Speaker 2>but doubled because Cohen was in the fifty percent tax bracket,

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<v Speaker 2>that was a four hundred and twenty thousand dollars payment completely,

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<v Speaker 2>So then it said divided by twelve, which ended up

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<v Speaker 2>being thirty five thousands. But you hear the testimony from

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<v Speaker 2>la Cohen saying something like, but what about Melania? Won't

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<v Speaker 2>she be a shet when she finds out about Stormy?

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<v Speaker 2>And Trump said, are you kidding? You think I'm going

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<v Speaker 2>to be on the market long, no problem, not a chance.

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<v Speaker 2>Is that the comment that some man makes when he's

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<v Speaker 2>allegedly worried and concerned about his wife finding out about

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<v Speaker 2>his infidelity.

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<v Speaker 1>I think the prosecutor will probably be bringing that up

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<v Speaker 1>in closing arguments. Pat, stay with me. Coming up, we're

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<v Speaker 1>going to discuss Michael Cohen's cross examination. I'm June Grass.

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<v Speaker 1>When you're listening to Bloomberg. Donald Trump's fixer turned foe,

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<v Speaker 1>will return to the witness stand tomorrow and could face

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<v Speaker 1>a bruising round of questioning from the former president's lawyers.

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<v Speaker 1>Michael Cohen's testimony this week has linked Trump to all

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<v Speaker 1>aspects of a hush money scheme that prosecutors say was

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<v Speaker 1>aimed at stifling stories that threatened his twenty sixteen campaign.

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<v Speaker 1>Cohen is the prosecution's star witness, and they'll end their

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<v Speaker 1>case with him. Then we'll find out whether the defense

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<v Speaker 1>will be putting on a case and if Donald Trump

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<v Speaker 1>will testify in his own behalf. I've been talking to

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<v Speaker 1>Bloomberg legal reporter Patricia Hurtano, who's been in the courtroom

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<v Speaker 1>for all the testimony.

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<v Speaker 2>Pat.

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<v Speaker 1>Before the break, we were talking about the scribblings by

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<v Speaker 1>the former CFO of the Trump organization, Alan Weiselberg, detailing

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<v Speaker 1>how Michael Cohen was going to be paid back, a

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<v Speaker 1>very important document for the prosecution, and in most cases

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<v Speaker 1>the prosecutors would call Weiselberg to the state to testify

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<v Speaker 1>about those scribblings that he made. Alan Weisselberg is not

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<v Speaker 1>going to testify, is he? The jury's going to wonder.

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<v Speaker 1>I think where is he?

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<v Speaker 2>Well? Right now, the DA has no expectations or interest

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<v Speaker 2>in calling Wassilberg. After all, the man is a twice

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<v Speaker 2>convicted felon. He pleaded guilty to tax law charges on

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<v Speaker 2>behalf of the Trump organization, and he played guilty to perjury,

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<v Speaker 2>and he perjured himself when he testified in favor supporting

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<v Speaker 2>Donald Trump at the civil tax flawed case brought by

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<v Speaker 2>the New York State ag So why anybody would call

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<v Speaker 2>such a tainted witness, as anyone's yest, he would not

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<v Speaker 2>be a reliable witness, and he would be still protecting Trump.

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<v Speaker 2>I think the prosecution saying, why would you call somebody

0:13:48.200 --> 0:13:50.640
<v Speaker 2>that's possibly going to give reasonable doubt for a jury

0:13:50.640 --> 0:13:52.719
<v Speaker 2>when the documents speak for themselves and you don't have

0:13:52.760 --> 0:13:55.520
<v Speaker 2>to heed anybody going to translate because it's right there

0:13:55.520 --> 0:13:58.640
<v Speaker 2>in black and white. And they had other Trump witnesses,

0:13:58.880 --> 0:14:02.800
<v Speaker 2>Trump lords witnesses striving with the paperwork, said, so they

0:14:02.840 --> 0:14:05.640
<v Speaker 2>don't need it. The other thing that Cohen said yesterday

0:14:06.080 --> 0:14:09.559
<v Speaker 2>was he had to apologize to the mares and people

0:14:10.080 --> 0:14:13.560
<v Speaker 2>because he helped conceal the information they needed when they

0:14:13.600 --> 0:14:16.520
<v Speaker 2>were selecting a man who was running for the highest

0:14:16.559 --> 0:14:19.960
<v Speaker 2>office in the LAMB. So, I mean, when I heard that,

0:14:20.080 --> 0:14:23.280
<v Speaker 2>it was stunning to hear, because this really is central

0:14:23.360 --> 0:14:26.480
<v Speaker 2>to the DA claim that this is an effort to

0:14:26.640 --> 0:14:31.600
<v Speaker 2>undermine the elections. And Cohen said this would have helped

0:14:31.720 --> 0:14:35.360
<v Speaker 2>citizens understand if they had known the truth about Trump.

0:14:35.840 --> 0:14:39.040
<v Speaker 1>So one thing that I found really interesting was the

0:14:39.080 --> 0:14:43.200
<v Speaker 1>cover up of the cover up where Trump and others

0:14:43.240 --> 0:14:46.080
<v Speaker 1>tried to keep Michael Cohen in line.

0:14:47.160 --> 0:14:50.080
<v Speaker 2>Yeah, that was That's always been this argument that the

0:14:50.360 --> 0:14:54.560
<v Speaker 2>DA had file papers free trial saying there was something

0:14:54.640 --> 0:14:59.320
<v Speaker 2>called the quote unquote pressure campaign, and I assumed it

0:14:59.440 --> 0:15:03.040
<v Speaker 2>just meant be tweaked by Donald Trump. When Michael Cohen

0:15:03.320 --> 0:15:07.560
<v Speaker 2>gets his offices get raided, office and his apartment and

0:15:08.200 --> 0:15:11.280
<v Speaker 2>his hotel, he's extended in a hotel because his apartment

0:15:11.360 --> 0:15:13.960
<v Speaker 2>was being renovated, he says, So when he gets raided.

0:15:14.160 --> 0:15:18.480
<v Speaker 2>In April twenty eighteen, Trump is tweeting, Oh, he's my guy.

0:15:19.000 --> 0:15:21.920
<v Speaker 2>I'm supporting him. He's a good man, a great man,

0:15:22.000 --> 0:15:26.800
<v Speaker 2>a wonderful lawyer. But then the day after Michael Cohen

0:15:27.040 --> 0:15:30.960
<v Speaker 2>pleads guilty, and people may need to remember that the

0:15:31.080 --> 0:15:34.640
<v Speaker 2>day Michael Cohen played guilty in August twenty eighteen is

0:15:34.720 --> 0:15:38.280
<v Speaker 2>the same day that Paul Mannifort got convicted. It was

0:15:38.320 --> 0:15:43.320
<v Speaker 2>a new doubleheader that day, and the next day Donald

0:15:43.320 --> 0:15:47.400
<v Speaker 2>Trump is praising Paul Manifort for being a good American

0:15:47.960 --> 0:15:52.320
<v Speaker 2>but condemning and damning Michael Cohen as a sleave ball

0:15:52.520 --> 0:15:55.720
<v Speaker 2>and a terrible lawyer. And never hired this terrible man.

0:15:56.440 --> 0:15:58.800
<v Speaker 2>So I always thought that was the end of the

0:15:58.840 --> 0:16:02.760
<v Speaker 2>story of the of the pressure campaign. But then he

0:16:02.840 --> 0:16:07.080
<v Speaker 2>saw this other learn named Robert Costello, claimed that he

0:16:07.240 --> 0:16:14.000
<v Speaker 2>had represented Michael Cohen and was basically asserting that Cohen

0:16:14.080 --> 0:16:17.000
<v Speaker 2>had told him a completely different story and was a

0:16:17.040 --> 0:16:19.840
<v Speaker 2>liar and not to be believed. And this happens after

0:16:19.960 --> 0:16:24.000
<v Speaker 2>Michael Cohen plete guilty to federal charges, So it added

0:16:24.040 --> 0:16:28.200
<v Speaker 2>to the Murphy mess around Michael Cohen was he as

0:16:28.320 --> 0:16:32.600
<v Speaker 2>luosy as they claimed. We saw tons of emails yesterday

0:16:32.600 --> 0:16:36.240
<v Speaker 2>that were pretty stocking where Coleen gets introduced the Costello

0:16:36.600 --> 0:16:41.600
<v Speaker 2>and then Costello starts sending him these very kind of insinuating,

0:16:42.000 --> 0:16:46.400
<v Speaker 2>supplicating emails of like, hey, just remember I talked to

0:16:46.440 --> 0:16:50.080
<v Speaker 2>the big guy. He's in your on your side. I

0:16:50.200 --> 0:16:54.040
<v Speaker 2>spoke to our friend, a lawyer, meaning Juliani. So Costello

0:16:54.120 --> 0:16:59.080
<v Speaker 2>is apparently a Juliani ally. And Cohen said he was

0:16:59.120 --> 0:17:03.800
<v Speaker 2>afraid that Costello was just acting with Guliani to find

0:17:03.840 --> 0:17:07.160
<v Speaker 2>out exactly what Coen was going to do. Keep your

0:17:07.160 --> 0:17:10.560
<v Speaker 2>friends close for your enemy's closer kind of idea. And

0:17:10.720 --> 0:17:14.800
<v Speaker 2>you see these constant hollage of emails with Costello is

0:17:15.119 --> 0:17:18.239
<v Speaker 2>haranguing as the first he's supplicating and kissing up to him,

0:17:18.320 --> 0:17:21.040
<v Speaker 2>and then he starts haranguing. I'm like, you don't answer

0:17:21.080 --> 0:17:24.520
<v Speaker 2>my calls and you're not talking and we need to

0:17:24.520 --> 0:17:27.119
<v Speaker 2>discuss it, and why are you thinking of hiring another lawyer.

0:17:27.200 --> 0:17:30.199
<v Speaker 2>I don't like this, and you know, basically accusing of

0:17:30.240 --> 0:17:33.560
<v Speaker 2>all kinds of nefarious substitutes. And Kellen is like, hey,

0:17:33.600 --> 0:17:35.760
<v Speaker 2>I didn't make a decision, you're not my lawyer, and

0:17:36.000 --> 0:17:39.119
<v Speaker 2>then he starts really almost assailing him, And that was

0:17:39.200 --> 0:17:42.320
<v Speaker 2>kind of shocking that Costello and we now know, and

0:17:42.600 --> 0:17:45.840
<v Speaker 2>Costello went on a campaign of his own integrating and

0:17:46.240 --> 0:17:49.320
<v Speaker 2>castigating Cohan. So it's kind of weird that you see

0:17:49.320 --> 0:17:52.040
<v Speaker 2>that that. Cohen said he felt that this was a

0:17:52.119 --> 0:17:57.760
<v Speaker 2>back channel way of Giuliani going between Trump and working

0:17:57.800 --> 0:18:01.280
<v Speaker 2>behind the scenes to keep him in line and keep

0:18:01.359 --> 0:18:04.879
<v Speaker 2>him from pleading guilty and trying to constantly take a

0:18:04.960 --> 0:18:07.840
<v Speaker 2>temperature and find out how close he was to cooperate.

0:18:08.880 --> 0:18:12.679
<v Speaker 1>Let's turn down to the cross examination. Blanche started the

0:18:12.800 --> 0:18:16.520
<v Speaker 1>cross trying to needle Cohen right started off.

0:18:17.000 --> 0:18:19.159
<v Speaker 2>And he said, didn't you call me, you know, a

0:18:19.280 --> 0:18:23.320
<v Speaker 2>stupid little expletive in a twite? And on social media?

0:18:23.440 --> 0:18:26.800
<v Speaker 2>Haven't you said these things? And what he was doing

0:18:27.040 --> 0:18:30.159
<v Speaker 2>was what the defense was complaining Cohen was doing. And

0:18:30.240 --> 0:18:35.200
<v Speaker 2>the defense had complained bitterly that Cohen was integrating and

0:18:35.359 --> 0:18:37.800
<v Speaker 2>saying mean things about Trump and he had to stop.

0:18:38.040 --> 0:18:41.520
<v Speaker 2>And then the judge told the DA, make him stop,

0:18:41.680 --> 0:18:44.160
<v Speaker 2>get them to knock it off. The judge told the DA,

0:18:44.800 --> 0:18:46.720
<v Speaker 2>and they said, as much as we can, We're going

0:18:46.800 --> 0:18:49.320
<v Speaker 2>to try. But controlling Michael Cohen is going to be

0:18:49.320 --> 0:18:53.479
<v Speaker 2>a different story. But then the defense Blanche gets up

0:18:53.480 --> 0:18:55.840
<v Speaker 2>there and it starts repeating the things he was complaining

0:18:55.840 --> 0:18:58.560
<v Speaker 2>Michael Cohen was saying. And then I think the judge

0:18:58.560 --> 0:19:01.920
<v Speaker 2>felt like, okay, to not make it personal between Todd

0:19:02.000 --> 0:19:06.200
<v Speaker 2>Blanche and Michael Cohen, let's talk about why we're here,

0:19:06.320 --> 0:19:08.840
<v Speaker 2>and I think the judge basically shut that down. And

0:19:08.880 --> 0:19:10.920
<v Speaker 2>then he started talking about all the new things he's

0:19:10.960 --> 0:19:14.640
<v Speaker 2>ever said about Trump, including the T shirt of Trumps

0:19:14.840 --> 0:19:18.520
<v Speaker 2>behind bars in an orange jump suit behind bars like

0:19:18.600 --> 0:19:22.440
<v Speaker 2>in the jail cell handcuffs and it says Trump twenty

0:19:22.480 --> 0:19:25.560
<v Speaker 2>twenty four and it's got a little logo on it.

0:19:25.960 --> 0:19:28.560
<v Speaker 2>And then they started quoting from all the things Michael

0:19:28.640 --> 0:19:31.280
<v Speaker 2>Cohen has ever said, and we know there are tons

0:19:31.280 --> 0:19:33.960
<v Speaker 2>of things Michael Cohen has said. We also learned that

0:19:34.000 --> 0:19:37.040
<v Speaker 2>Michael Cohen has made three point four million dollars.

0:19:37.359 --> 0:19:39.920
<v Speaker 1>That was really surprising. Explain how he made.

0:19:39.760 --> 0:19:44.439
<v Speaker 2>You know, well, in two books and podcasts merchandising, but

0:19:44.560 --> 0:19:50.080
<v Speaker 2>it's mainly the book and appearances and speakers speeds, so

0:19:50.200 --> 0:19:52.480
<v Speaker 2>I guess that makes sense. But I mean, if he's

0:19:52.560 --> 0:19:56.040
<v Speaker 2>charging thirty two dollars for a T shirt, Donald Trump

0:19:56.119 --> 0:19:58.200
<v Speaker 2>is charging how much money for a pair of gold

0:19:58.240 --> 0:20:01.879
<v Speaker 2>shoes and one hundred and forty nine dollars, so basically,

0:20:02.080 --> 0:20:05.680
<v Speaker 2>you know, and Stormy Dangels carn't eating, So I mean

0:20:05.840 --> 0:20:09.000
<v Speaker 2>it's kind of crazy. It is a crazy case. I

0:20:09.000 --> 0:20:14.159
<v Speaker 2>mean Todd Blanche accused Cohen of monetizing his hatred of Trump,

0:20:14.800 --> 0:20:16.879
<v Speaker 2>which you know the jury is going to have to

0:20:17.000 --> 0:20:20.240
<v Speaker 2>assess whether he's credible or not. I mean, helping their

0:20:20.440 --> 0:20:24.400
<v Speaker 2>and their decision. Is this wrap of documents that may

0:20:24.400 --> 0:20:26.679
<v Speaker 2>seem like just a bunch of boring pieces of paper,

0:20:26.840 --> 0:20:29.920
<v Speaker 2>but there is a paper trail that, if the jury

0:20:29.960 --> 0:20:32.439
<v Speaker 2>wants to look at it that way, could corroborate the

0:20:32.480 --> 0:20:34.240
<v Speaker 2>story that Michael Cohen says.

0:20:34.400 --> 0:20:37.080
<v Speaker 1>I mean, you said that Weiselberg would be a tough

0:20:37.400 --> 0:20:40.600
<v Speaker 1>witness and not believable. Michael Cohen has more baggage, it seems,

0:20:40.600 --> 0:20:41.440
<v Speaker 1>than Weiseelberg.

0:20:42.320 --> 0:20:45.000
<v Speaker 2>He does, but he does have an essential story to

0:20:45.040 --> 0:20:48.040
<v Speaker 2>tell that does have the ring of truth in white

0:20:48.160 --> 0:20:51.520
<v Speaker 2>of all these documents and in light of prior testimony,

0:20:51.560 --> 0:20:55.879
<v Speaker 2>I mean, historian Pecker's story are at hire seamlessly. The

0:20:56.080 --> 0:21:00.320
<v Speaker 2>only difference in their testimony is David Pecker he was

0:21:00.359 --> 0:21:03.080
<v Speaker 2>taking credits for Donald Trump getting the big idea of

0:21:03.160 --> 0:21:06.560
<v Speaker 2>running for president, that he had done this poll or

0:21:06.600 --> 0:21:08.639
<v Speaker 2>he had seen a poll, and he took us to Trump.

0:21:08.840 --> 0:21:12.040
<v Speaker 2>And then Cohen said in his testimony, which was a

0:21:12.040 --> 0:21:15.800
<v Speaker 2>little tet dish controvitory, that he had seen the poll

0:21:16.040 --> 0:21:18.080
<v Speaker 2>and he took it to Donald Trump, and that he

0:21:18.240 --> 0:21:20.800
<v Speaker 2>convinced Donald Trump to run for president. So both of

0:21:20.800 --> 0:21:23.680
<v Speaker 2>them were trying to claim the big chance. The only

0:21:23.720 --> 0:21:27.800
<v Speaker 2>difference is that David Pecker never severed his relationship with

0:21:28.160 --> 0:21:33.520
<v Speaker 2>Trump and so supirely of him. Meanwhile, Michael Cohen, he

0:21:33.640 --> 0:21:37.200
<v Speaker 2>went to prison for him. So that's where the ill

0:21:37.240 --> 0:21:38.200
<v Speaker 2>wills comes from.

0:21:38.520 --> 0:21:42.199
<v Speaker 1>You can tell a lot on cross if the witness's

0:21:42.200 --> 0:21:43.760
<v Speaker 1>demeanor changes.

0:21:43.760 --> 0:21:47.760
<v Speaker 2>And it did not. He stayed very calm. The questions

0:21:47.960 --> 0:21:52.919
<v Speaker 2>were not as needling as Olena habs. I mean, he

0:21:52.960 --> 0:21:56.000
<v Speaker 2>may come back with more firepower on Thursdays.

0:21:55.720 --> 0:21:59.040
<v Speaker 1>Because I noticed that, for example, the question of whether

0:21:59.119 --> 0:22:01.600
<v Speaker 1>or not he wanted to Trump convicted, the answer is

0:22:01.640 --> 0:22:04.240
<v Speaker 1>pretty obvious. He's the star witness against him, but it

0:22:04.320 --> 0:22:08.560
<v Speaker 1>took Blanche question after question after question after question for

0:22:08.640 --> 0:22:09.639
<v Speaker 1>Cohen to admit it.

0:22:09.880 --> 0:22:14.960
<v Speaker 2>Look, I've covered tons of trials, tons of criminal trial, murder, racketeering,

0:22:15.520 --> 0:22:20.920
<v Speaker 2>financial flaught, you name it, and I've seen plenty across examination.

0:22:21.760 --> 0:22:25.080
<v Speaker 2>It was fine, it was working like and co Winner

0:22:25.160 --> 0:22:30.240
<v Speaker 2>is a lawyer, and I think that the fundamental part

0:22:30.240 --> 0:22:33.119
<v Speaker 2>of his story you should say, there's animus and I

0:22:33.119 --> 0:22:35.399
<v Speaker 2>guess that's what Blanche was trying to depict him as

0:22:35.400 --> 0:22:39.760
<v Speaker 2>being like a tody who was constantly insinuating himself to

0:22:39.840 --> 0:22:42.560
<v Speaker 2>Donald Trump and a loyal acolyte, and then he became

0:22:43.040 --> 0:22:47.560
<v Speaker 2>a vicious trumpeting guy who basically was bent on revenge

0:22:47.600 --> 0:22:49.200
<v Speaker 2>and then on making money off Trump.

0:22:49.760 --> 0:22:53.399
<v Speaker 1>So this is the last prosecution witness. What has the

0:22:53.440 --> 0:22:56.280
<v Speaker 1>defense said about a defense? Will they put on a defense?

0:22:56.760 --> 0:23:00.080
<v Speaker 2>They have not said. They had answered the possibility of

0:23:00.200 --> 0:23:05.000
<v Speaker 2>being allowed to call a witness about elections finance, election fraud,

0:23:05.680 --> 0:23:10.240
<v Speaker 2>and I believe originally that Mershawan is strictly limited what

0:23:10.320 --> 0:23:13.560
<v Speaker 2>that person could stay or bring basically as an expert witness.

0:23:13.840 --> 0:23:17.720
<v Speaker 2>And they also told Mershawn yesterday they haven't decided what

0:23:17.760 --> 0:23:20.359
<v Speaker 2>they're going to do, including whether or not they're going

0:23:20.400 --> 0:23:23.520
<v Speaker 2>to call Trump as a witness, and we're going to

0:23:23.560 --> 0:23:26.800
<v Speaker 2>have to wait and see. I don't think cross will

0:23:26.920 --> 0:23:31.080
<v Speaker 2>end tomorrow because we're ending early at three for the weekend,

0:23:31.119 --> 0:23:34.480
<v Speaker 2>and we're not going to have trial on Friday because

0:23:34.520 --> 0:23:38.879
<v Speaker 2>Trump wants a campaign and attend Bearn Trump's high school graduations.

0:23:39.440 --> 0:23:44.000
<v Speaker 2>So I expect that the redirect will continue into Monday.

0:23:44.040 --> 0:23:47.280
<v Speaker 2>Of Cohen and then I guess we'll see what's going

0:23:47.320 --> 0:23:49.000
<v Speaker 2>to happen with the rest of the week. But the

0:23:49.000 --> 0:23:52.080
<v Speaker 2>defense said they're going to review what the judges previously ruled.

0:23:52.200 --> 0:23:55.760
<v Speaker 1>So the trial is winding down, but there still could

0:23:55.800 --> 0:23:58.199
<v Speaker 1>be a lot happening in the next week, depending on

0:23:58.240 --> 0:24:03.120
<v Speaker 1>the defense. Thanks so much. That's Patricia Hertado, Bloomberg Legal reporter.

0:24:03.680 --> 0:24:07.280
<v Speaker 1>Coming up next on the Bloomberg Law Show. Opening statements

0:24:07.280 --> 0:24:11.040
<v Speaker 1>in the trial of Senator Robert Menendez on bribery charges.

0:24:11.560 --> 0:24:13.800
<v Speaker 1>We'll talk to a reporter who is in the courtroom.

0:24:14.240 --> 0:24:19.320
<v Speaker 1>I'm June Grosso and you're listening to Bloomberg. It's the

0:24:19.320 --> 0:24:22.399
<v Speaker 1>first time in history that a senator has been indicted

0:24:22.440 --> 0:24:26.600
<v Speaker 1>twice in separate bribery cases. It's also the first time

0:24:26.640 --> 0:24:30.160
<v Speaker 1>a senator has been indicted under the foreign agent statute.

0:24:30.520 --> 0:24:34.480
<v Speaker 1>Quite a come down for New Jersey's Democratic Senator Robert Menendez.

0:24:34.720 --> 0:24:37.879
<v Speaker 1>Once a powerful senator and chair of the Senate's Foreign

0:24:37.920 --> 0:24:41.919
<v Speaker 1>Relations Committee. Now he's on trial accused of taking cash,

0:24:42.119 --> 0:24:45.639
<v Speaker 1>gold bars in a luxury car from two businessmen to

0:24:45.720 --> 0:24:49.520
<v Speaker 1>perform favors for them and corruptly help the Egyptian government.

0:24:49.960 --> 0:24:53.399
<v Speaker 1>The trial is taking place in Federal Court in Lower Manhattan,

0:24:53.800 --> 0:24:57.040
<v Speaker 1>not far from the hush money trial of former President

0:24:57.080 --> 0:25:01.000
<v Speaker 1>Donald Trump. Bloomberg Legal reporter David Rikis was in the

0:25:01.040 --> 0:25:04.600
<v Speaker 1>courtroom for the opening statements today, so David. In her

0:25:04.640 --> 0:25:08.480
<v Speaker 1>opening statements, the prosecutor said that this was not politics

0:25:08.520 --> 0:25:11.160
<v Speaker 1>as usual, but politics for profit.

0:25:11.640 --> 0:25:16.160
<v Speaker 3>The prosecutor laid out a very damning portrait of Bob

0:25:16.240 --> 0:25:21.239
<v Speaker 3>Menendez's actions over five years, saying that he sold his

0:25:21.400 --> 0:25:27.639
<v Speaker 3>office to two New Jersey businessmen in exchange for hundreds

0:25:27.640 --> 0:25:31.479
<v Speaker 3>of thousands of dollars of cash and gold bars, and

0:25:31.520 --> 0:25:35.520
<v Speaker 3>that he also used his office to corruptly help the

0:25:35.560 --> 0:25:40.200
<v Speaker 3>Egyptian government and to help out a businessman seeking money

0:25:40.400 --> 0:25:46.879
<v Speaker 3>from Qatar. It was a picture that was not pretty,

0:25:47.160 --> 0:25:53.919
<v Speaker 3>and essentially said that Menendez and his wife worked together

0:25:54.280 --> 0:25:59.720
<v Speaker 3>to receive these bribe payments, and that his wife introduced

0:26:00.600 --> 0:26:06.600
<v Speaker 3>him to Egyptian officials, who then exploited the opportunity to

0:26:07.080 --> 0:26:14.399
<v Speaker 3>benefit from their relationship with Menendez. In response, the senators

0:26:14.520 --> 0:26:19.719
<v Speaker 3>lawyer said that he never took any corrupt actions and

0:26:19.760 --> 0:26:23.440
<v Speaker 3>that there are innocent explanations for the cash and the gold.

0:26:24.000 --> 0:26:28.000
<v Speaker 3>The gold, who said had been in his wife, Nadine's

0:26:28.040 --> 0:26:33.320
<v Speaker 3>family for many years, and he acknowledged that she received

0:26:33.400 --> 0:26:38.080
<v Speaker 3>gold from one of the businessmen who's on trial, Fred Davies,

0:26:38.440 --> 0:26:43.400
<v Speaker 3>but he said that the Senator had no knowledge of

0:26:43.440 --> 0:26:47.160
<v Speaker 3>her receiving this gold until after he moved in with her.

0:26:47.280 --> 0:26:50.199
<v Speaker 3>This was a second merriage to both of them. He

0:26:50.280 --> 0:26:54.359
<v Speaker 3>also said that Menendez had been in the habit for

0:26:54.520 --> 0:26:57.840
<v Speaker 3>thirty years of taking cash out of the bank and

0:26:58.000 --> 0:27:00.800
<v Speaker 3>keeping it in his house, and that he would take

0:27:00.840 --> 0:27:03.280
<v Speaker 3>it out in amounts of four hundred to five hundred

0:27:03.359 --> 0:27:08.520
<v Speaker 3>dollars several times a month. And that's the explanation for

0:27:08.920 --> 0:27:12.679
<v Speaker 3>more than four thousand dollars seized by a sci agent

0:27:13.160 --> 0:27:16.879
<v Speaker 3>in his house in twenty twenty two, for in the

0:27:16.920 --> 0:27:19.879
<v Speaker 3>house that he shared with his wife, Nadine, and that

0:27:19.960 --> 0:27:23.480
<v Speaker 3>there was no corrupt intent and that he did not

0:27:23.640 --> 0:27:25.960
<v Speaker 3>receive any bribes at all of cash or gold.

0:27:26.680 --> 0:27:29.800
<v Speaker 1>I think we all remember the pictures after the raid

0:27:29.960 --> 0:27:33.880
<v Speaker 1>of the cash stuffed into a jacket and the gold bars.

0:27:34.240 --> 0:27:35.879
<v Speaker 1>Did the jury see that today?

0:27:36.320 --> 0:27:40.119
<v Speaker 3>They did not see those pictures. No, But you know,

0:27:40.359 --> 0:27:45.399
<v Speaker 3>good defense lawyer Alve Weisman for Bob Menendez spent a

0:27:45.440 --> 0:27:48.119
<v Speaker 3>good deal of time trying to explain that because he

0:27:48.240 --> 0:27:52.120
<v Speaker 3>understands how explosive that evidence is and he knows that

0:27:52.160 --> 0:27:55.240
<v Speaker 3>he needs to deal with it head on. It looks

0:27:55.400 --> 0:27:58.000
<v Speaker 3>very bad for us senator to have so much cash

0:27:58.040 --> 0:28:01.840
<v Speaker 3>in house for anyone. Well, he came up with the

0:28:01.880 --> 0:28:05.919
<v Speaker 3>explanation that this is a long standing habit for the

0:28:05.960 --> 0:28:09.200
<v Speaker 3>senator to collect cash, and he says that he has

0:28:09.280 --> 0:28:12.320
<v Speaker 3>bank records to prove it, going back thirty years.

0:28:12.840 --> 0:28:16.280
<v Speaker 1>He tried to get his wife's trial severed and it

0:28:16.359 --> 0:28:19.360
<v Speaker 1>was rejected, but now she's going to be tried later,

0:28:19.440 --> 0:28:20.480
<v Speaker 1>explain what happened.

0:28:20.880 --> 0:28:25.520
<v Speaker 3>Nadine Menendez developed an illness that has not been disclosed

0:28:25.680 --> 0:28:31.920
<v Speaker 3>that requires surgery, and so after rejecting earlier requests to

0:28:32.080 --> 0:28:36.760
<v Speaker 3>sever her from the trial, that judge agreed a couple

0:28:36.800 --> 0:28:40.360
<v Speaker 3>of months ago to give her her own trial because

0:28:40.400 --> 0:28:43.520
<v Speaker 3>of this illness and the time she will need to

0:28:43.560 --> 0:28:45.080
<v Speaker 3>recover from her surgery.

0:28:45.760 --> 0:28:49.120
<v Speaker 1>Is Menandez going to blame his wife for this?

0:28:49.960 --> 0:28:54.200
<v Speaker 3>He blamed his wife. His lawyer blamed his wife in

0:28:54.240 --> 0:28:58.120
<v Speaker 3>the opening statement in several different ways, saying that the

0:28:58.160 --> 0:29:03.640
<v Speaker 3>two co descendants were longtime friends of maybe Menendez who

0:29:04.280 --> 0:29:08.760
<v Speaker 3>entered into transactions with her that he didn't know about,

0:29:09.360 --> 0:29:12.720
<v Speaker 3>that they gave her gifts that he didn't know about,

0:29:13.080 --> 0:29:16.560
<v Speaker 3>and that she was in financial distress in a way

0:29:16.600 --> 0:29:19.520
<v Speaker 3>that he didn't fully appreciate, and that they were trying

0:29:19.560 --> 0:29:22.560
<v Speaker 3>to help her out, not bribe him.

0:29:23.240 --> 0:29:24.240
<v Speaker 1>Are they still together.

0:29:25.040 --> 0:29:29.280
<v Speaker 3>They are still together, although his lawyer said that when

0:29:29.320 --> 0:29:32.440
<v Speaker 3>he was in Washington he was essentially reading a separate

0:29:32.560 --> 0:29:33.280
<v Speaker 3>life from her.

0:29:34.360 --> 0:29:36.560
<v Speaker 1>It's never a good look to blame your wife, but

0:29:36.720 --> 0:29:39.680
<v Speaker 1>it's certainly better if your wife is not being tried

0:29:39.760 --> 0:29:43.360
<v Speaker 1>with you. So he's lucky in that respect that her

0:29:43.400 --> 0:29:44.600
<v Speaker 1>trial was severed from his.

0:29:45.400 --> 0:29:48.400
<v Speaker 3>Is One of the reasons that he wanted a separate

0:29:48.520 --> 0:29:53.400
<v Speaker 3>trial initially was because of the spousal privilege. He wanted

0:29:53.440 --> 0:29:58.040
<v Speaker 3>to be able to make excliminating statements about her if

0:29:58.080 --> 0:30:02.960
<v Speaker 3>he testified, and now it appears clearly that he's prepared

0:30:03.000 --> 0:30:03.440
<v Speaker 3>to do that.

0:30:03.920 --> 0:30:06.160
<v Speaker 1>Did he testified his last trial.

0:30:06.320 --> 0:30:08.840
<v Speaker 3>He did not. That was the one in twenty seventeen

0:30:09.000 --> 0:30:12.360
<v Speaker 3>where he was accused in a separate corruption case in

0:30:12.400 --> 0:30:17.600
<v Speaker 3>New Jersey and the jury did not be to unanimous verdict.

0:30:17.720 --> 0:30:20.360
<v Speaker 3>There was a hung jury and a mistriald declared, and

0:30:20.480 --> 0:30:23.160
<v Speaker 3>the Justice Department then dropped that case.

0:30:23.800 --> 0:30:26.640
<v Speaker 1>What the defense is going to try to do is

0:30:26.720 --> 0:30:29.320
<v Speaker 1>show that he did not have corrupt intent.

0:30:29.440 --> 0:30:32.680
<v Speaker 3>Is that it correct right and that these were all

0:30:33.480 --> 0:30:36.160
<v Speaker 3>legal actions that he took. He didn't take any corrupt

0:30:36.200 --> 0:30:38.720
<v Speaker 3>official acts in exchange for bribes.

0:30:39.360 --> 0:30:43.640
<v Speaker 1>Now, a fifth defendant has already pleaded guilty. Tell us

0:30:43.680 --> 0:30:44.960
<v Speaker 1>about that guilty plea.

0:30:45.360 --> 0:30:50.720
<v Speaker 3>Jose Euribe was an insurance broker and he owned a

0:30:50.800 --> 0:30:55.680
<v Speaker 3>trucking business in New Jersey. He pleaded guilty and admitted

0:30:55.760 --> 0:31:01.440
<v Speaker 3>that he bribed Senator Menendez and his wife with a

0:31:01.680 --> 0:31:07.600
<v Speaker 3>Mercedes Benz after she needed one, and in exchange for that,

0:31:08.440 --> 0:31:14.400
<v Speaker 3>he said that the Senator interceded on his behalf to

0:31:14.560 --> 0:31:20.520
<v Speaker 3>try to get two criminal investigations in New Jersey that

0:31:20.600 --> 0:31:24.680
<v Speaker 3>were handled by the state Attorney General resolved in a

0:31:24.720 --> 0:31:30.440
<v Speaker 3>favorable manner. One involved defendant who was already under indictment

0:31:30.560 --> 0:31:34.600
<v Speaker 3>who have been pleted guilty, and another was a close

0:31:34.720 --> 0:31:39.080
<v Speaker 3>friend of Uribe who was under criminal investigation who ultimately

0:31:39.160 --> 0:31:43.680
<v Speaker 3>was never criminally charged. Is he GiB cleted guilty and

0:31:43.960 --> 0:31:48.400
<v Speaker 3>will be testifying at trial against the Menendez according to

0:31:48.440 --> 0:31:49.200
<v Speaker 3>the prosecutor.

0:31:49.520 --> 0:31:53.000
<v Speaker 1>Prosecutors have said that they expect to call dozens of witnesses,

0:31:53.760 --> 0:31:58.360
<v Speaker 1>likely some of the law enforcement officials who Menendez allegedly

0:31:58.560 --> 0:32:02.120
<v Speaker 1>pressured to drop in investigations, So that would include the

0:32:02.120 --> 0:32:05.880
<v Speaker 1>top federal prosecutor in New Jersey, the US attorney.

0:32:06.080 --> 0:32:09.960
<v Speaker 3>Yes, that's correct. That still Selander is the US attorney,

0:32:10.200 --> 0:32:14.880
<v Speaker 3>and Gerbier gray Wall, who's the former US attorney in

0:32:15.000 --> 0:32:18.520
<v Speaker 3>New Jersey and is now the enforcement chief at the

0:32:18.560 --> 0:32:22.760
<v Speaker 3>Security is In Exchange Commission. They're expected to testify at

0:32:22.760 --> 0:32:23.240
<v Speaker 3>the trial.

0:32:23.680 --> 0:32:28.680
<v Speaker 1>The judge issued a ruling yesterday that will prevent Menandez

0:32:28.680 --> 0:32:33.880
<v Speaker 1>from presenting testimony from a psychiatrist who evaluated him right.

0:32:34.680 --> 0:32:39.640
<v Speaker 3>Menendez wanted to present a psychiatrist who would say that

0:32:40.120 --> 0:32:47.040
<v Speaker 3>Menendez had lasting psychological trauma caused by his parents fleeing

0:32:47.200 --> 0:32:52.520
<v Speaker 3>Cuba sixty years ago and having their cash confiscated, so

0:32:52.640 --> 0:32:58.320
<v Speaker 3>that's the reason why he essentially hoarded cash. And the

0:32:58.440 --> 0:33:01.680
<v Speaker 3>judge did not allow that because he didn't think that

0:33:01.760 --> 0:33:07.280
<v Speaker 3>he was properly introducing this psychiatrist as an expert. And

0:33:08.480 --> 0:33:16.440
<v Speaker 3>there was also the argument that Menendez's father committed suicide,

0:33:17.080 --> 0:33:23.400
<v Speaker 3>that he had been a compulsive gambler, and he when

0:33:23.720 --> 0:33:28.320
<v Speaker 3>Menendez was a young man, he discontinued paying off his

0:33:28.520 --> 0:33:31.840
<v Speaker 3>father's gambling debts, and that that was such a trauma

0:33:31.960 --> 0:33:37.320
<v Speaker 3>to him that serves as an explanation for why Menendez

0:33:37.480 --> 0:33:38.479
<v Speaker 3>was parting cash.

0:33:38.920 --> 0:33:41.200
<v Speaker 1>It doesn't sound like a complicated case, but it is

0:33:41.240 --> 0:33:43.160
<v Speaker 1>a complicated case for the jury.

0:33:42.920 --> 0:33:46.360
<v Speaker 3>Rights well, the trials expected the last almost two months.

0:33:46.560 --> 0:33:51.880
<v Speaker 3>There's another different official acts that will be considered spans

0:33:52.040 --> 0:33:55.920
<v Speaker 3>five years of time. There's a lot of cash and

0:33:56.120 --> 0:34:03.680
<v Speaker 3>gold bars to explain, and there's essentially three different bribe

0:34:03.680 --> 0:34:08.279
<v Speaker 3>schemes that are interwoven that the government needs to prove

0:34:08.360 --> 0:34:11.760
<v Speaker 3>to make their case. In some ways, it's a simple case.

0:34:11.920 --> 0:34:14.760
<v Speaker 3>The government says he's a corrupt senator who took bride,

0:34:15.520 --> 0:34:18.160
<v Speaker 3>but the details of proving that are going to take

0:34:18.200 --> 0:34:19.240
<v Speaker 3>a lot of time and effort.

0:34:19.920 --> 0:34:21.799
<v Speaker 1>Thanks so much, David. We'll talk with you as the

0:34:21.840 --> 0:34:26.439
<v Speaker 1>trial proceeds. That's David Voriakuz, Bloomberg Legal Reporter. And that's

0:34:26.440 --> 0:34:29.440
<v Speaker 1>it for this edition of the Bloomberg Law Podcast. Remember

0:34:29.440 --> 0:34:32.160
<v Speaker 1>you can always get the latest legal news by subscribing

0:34:32.200 --> 0:34:35.680
<v Speaker 1>and listening to the show on Apple Podcasts, Spotify, and

0:34:35.760 --> 0:34:39.719
<v Speaker 1>at Bloomberg dot com, Slash podcast, Slash Law. I'm June

0:34:39.760 --> 0:34:41.920
<v Speaker 1>Grosso and this is Bloomberg