AT&T says hiring Trump attorney Michael Cohen was a 'serious misjudgment'

CEO of AT&T Randall L. Stephenson

CEO of AT&T Randall L. Stephenson

"There is no other way to say it - AT&T hiring Michael Cohen as a political consultant was a big mistake", Stephenson, before quickly adding that "everything we did was done according to the law and entirely legitimate".

It is unclear what insight Cohen - a longtime real estate attorney and former taxi cab operator - could have provided AT&T on complex telecom matters. The money came from a company set up by Cohen - the same company AT&T paid for consulting services.

AT&T's relationship with Cohen was revealed this week by an attorney for Clifford, the porn actress whose stage name is Stormy Daniels and who alleges she had a sexual affair with Trump years ago, and was paid $130,000 just before the election to keep it quite. She argues this was "actually the definition of draining the swamp".

The new information about Cohen's business ventures comes just weeks after Federal Bureau of Investigation agents raided his home, office and hotel room, seizing financial records and his electronic devices.

Closing arguments were made in the AT&T-Time Warner case last month, and Judge Richard Leon said he will present a decision on June 12.

Wyden is seeking the contracts between Novartis, Cohen and his firm Essential Consultants; more details about the payments; and documents showing how the deal was approved inside the drugmaker and who was involved in that process. Cohen, Giuliani confirmed, no longer represents Mr. Trump.

And if anything, AT&T now regrets its decision to ever contract Cohen.

AT&T has said Cohen approached employees in the company's Washington office shortly after the election.

Trump has always been a vocal opponent of the AT&T-Time Warner merger, apparently in part because of his antipathy for Time Warner-owned CNN, which he has labeled "fake news" for its negative coverage of him.

Mr. Cohen also reached out to Ford Motor Co., but the vehicle maker turned him down, according to people familiar with the matter. They described his work as advising the company, not contacting federal officials.

Did an alligator snatch a Florida teen? The search is on
Authorities also say neighborhood residents have previously reported the presence of a six-foot alligator in that retention pond. Jeff Williamson with the sheriff's office said deputies had knocked on doors in the area to ask if anyone they knew was missing.

The lobbying group will, for now, report to General Counsel David McAtee. AT&T said it had "cooperated fully" with the inquiries. However, he noted that hiring the president's lawyer could trigger ethical questions.

A source with knowledge of the matter said he is leaving under pressure.

Critics claim Rudy Giuliani's comments are creating more problems for the president, while supporters say the new member of Trump's legal team is changing the media narrative; Fox News contributors Judy Miller and Tammy Bruce join the debate. "But the fact is, our past association with Cohen was a serious misjudgment", Stephenson wrote in a memo to employees.

At the time the contract was signed, AT&T was trying to build ties to the new administration.

"Whatever lobbying was done didn't reach the president", Giuliani said.

But although the two men arrived within minutes of each other, they did not meet that day and have never met, AT&T said this week.

He was correct. previous year his administration sued to block AT&T's merger with Time Warner.

AT&T also said, "we didn't ask him to set up any meetings for us with anyone in the administration and he didn't offer to do so".

The Justice Department declined to comment. "There's a lot of people in Washington who are paid for their advice".

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.