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Live Thread: Trump's hush money trial begins in NYC
mystery-ak:
13:52
Cohen tells the jury he decided to fund $130,000 himself from a home equity loan
Cohen told the jury he decided to fund the $130,000 himself from his HELOC, or home equity loan, to keep it away from his wife.
He said: ‘My wife as chief executive of the household would not understand if there was $130,000 missing from out joint bank account
‘That would have been a problem for me. Once I received the money back from Mr Trump I would deposit it and nobody would be the wiser’
240B:
Keep in mind during all of this 'testimony' that this is Cohen's last chance. He will be fighting like a trapped animal and will lie about anything as freely as a prisoner under torture. Cohen has no choice.
Cohen will never work again as any kind of lawyer or consultant. His employed life is over, unless he can get some anti-Trump gig with CNN or MSNBC. He is done. He is finished when this trial ends. So he is flailing about throwing anything and everything at Trump because he has nothing to lose.
mystery-ak:
a minute ago
Cohen says he paid off Daniels with Trump's approval - and a promise he'd be repaid
By Ben Kochman
Prosecutor Susan Hoffinger asked Cohen whether he would have paid Daniels the hush money without Trump approving it first.
“Everything required Mr. Trump’s sign off,” Cohen testified.
Cohen added that he wanted to let Trump know about the payoff in advance to ensure he'd be paid back.
“On top of that, I wanted the money back," he testified.
mystery-ak:
--- Quote ---a few seconds ago
Michael Cohen, an ex-con who's served prison time
Michael Cohen pleaded guilty in two separate federal cases in 2018 and did prison time for the crimes.
Cohen first copped to tax evasion, making false statements to a bank and to campaign finance violations in August 2018 in connection to the hush money payments he arranged to be paid to porn star Stormy Daniels and to Playboy model Karen McDougal on President Trump's behalf.
He then pleaded guilty in November 2018 for lying to Congress about his efforts during the presidential campaign to seek approvals and financing from the Russian government for a Trump development project in Moscow. Cohen said he lied to match his story with Trump's "political messaging."
Then in December, Cohen was sentenced to three years behind bars but he was released to home confinement after just over a year in May 2020 in an effort to reduce the spread of COVID in prisons.
Cohen was freed from home confinement in November 2021.
He previously testified against Trump at a civil fraud trial last year, where Trump's team sought to discount his testimony based on the fact he's a convict and admitted liar. Trump's lawyers will likely also attack Cohen's credibility at the current trial.
--- End quote ---
--- Quote ---5 minutes ago
Cohen says he 'wanted credit for myself' after Stormy Daniels deal was done
By Post Staff
Michael Cohen told jurors he immediately told Donald Trump that the Stormy Daniels deal was done on Oct. 27, 2016 -- two weeks before the presidential election -- because he wanted "credit" from his then-boss.
“The task he gave to me was finished, accomplished and done,” Cohen testified, adding he sent Trump the update “to take credit for myself so that he knew I had done it and finished it, because this was important.”
--- End quote ---
--- Quote ---7 minutes ago
Court takes an afternoon break
We will be back soon.
--- End quote ---
8 minutes ago
Cohen says he spoke with Hope Hicks, David Pecker after learning about WSJ story
By Kyle Schnitzer
Michael Cohen said he spoke with Donald Trump's communications chief Hope Hicks and National Enquirer publisher David Pecker to plan a defense after learning that a Wall Street Journal story set to be published would not only mention Playboy model Karen McDougal but also would mention Stormy Daniels.
Jurors were shown a call log of Cohen’s calls, which he confirmed and then explained the situation.
He said he spoke with the pair “so that we could all coalesce around this issue in an attempt to again quell the potential effects of an article like this."
mystery-ak:
a few seconds ago
Trump listed as 'David Dennison' and Daniels as 'Peggy Peterson' in hush money contract shown to jurors
Jurors took another look this afternoon at a copy of a hush money contract struck between Cohen and Daniels that used fake names to describe Trump and Daniels.
Daniels' name was marked down as "Peggy Peterson," while Trump's was "David Dennison," the document shows.
Cohen also said he falsely called the $130,000 a "retainer" on a wire transfer form, when it was really a hush money payment.
A year later, Trump's company falsely marked the reimbursements to Cohen as "legal services" on filings throughout 2017, trial evidence shows.
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