The Really Bad News for Donald Trump on the Michael Cohen Tape

In addition to providing more evidence that Trump knew about the Enquirer’s dealings with McDougal, which his campaign denied just before the election, it implicates other Trump Organization executives in schemes that could possibly have violated campaign-finance laws.

.. None of this hinges on the issue that Lanny Davis and Rudy Giuliani ..  whether Trump was captured saying, to Cohen, “pay with cash” or “don’t pay with cash.”

.. Federal prosecutors would surely be interested in obtaining an insider’s account of the Enquirer scheme, even if it wasn’t consummated.

.. Cohen could conceivably cut a deal with the Southern District, in which he would provide information that could also be shared with other federal prosecutors, including Robert Mueller, the special counsel.

.. Davis said to NBC News that the content of the Cohen-Trump tape “sounds like a John Edwards case.”

.. the fact that Davis is now drawing a parallel will surely set off alarm bells in the White House.

.. The other bad news for Trump is that Cohen, in making arrangements to pay off the Enquirer, doesn’t appear to have been working alone. “I need to open up a company for the transfer of all of that info regarding our friend David,”

.. “And I’ve spoken to Allen Weisselberg about how to set the whole thing up with . . . funding.”

Weisselberg is the longtime chief financial officer of the Trump Organization.

.. If what Cohen said is accurate, he appears to have discussed with Weisselberg a way to route the proposed payment to A.M.I. through a shell company set up specifically for the purpose, which is what he did in making the payment to Daniels.

.. the tape does drag Weisselberg and the Trump Organization further into the murk, which can’t be good news for the President. “Weisselberg has detailed information about the Trump Organization’s operations, business deals and finances,”

.. “If he winds up in investigators’ crosshairs for secreting payoffs, he could potentially provide much more damaging information to prosecutors than Cohen ever could about the president’s dealmaking.”

Trump’s Michael Cohen problem just keeps looking more ominous

During the presidential campaign, National Enquirer executives sent digital copies of the tabloid’s articles and cover images related to Donald Trump and his political opponents to Trump’s attorney Michael Cohen in advance of publication, according to three people with knowledge of the matter — an unusual practice that speaks to the close relationship between Trump and David Pecker, chief executive of American Media Inc., the Enquirer’s parent company.

Although the company strongly denies ever sharing such material before publication, these three individuals say the sharing of material continued after Trump took office.

“Since Trump’s become president and even before, [Pecker] openly just has been willing to turn the magazine and the cover over to the Trump machine,” said one of the people with knowledge of the practice.

During the campaign, “if it was a story specifically about Trump, then it was sent over to Michael, and as long as there were no objections from him, the story could be published,” this person added.

.. During the presidential campaign, National Enquirer executives sent digital copies of the tabloid’s articles and cover images related to Donald Trump and his political opponents to Trump’s attorney Michael Cohen in advance of publication, according to three people with knowledge of the matter — an unusual practice that speaks to the close relationship between Trump and David Pecker, chief executive of American Media Inc., the Enquirer’s parent company.Although the company strongly denies ever sharing such material before publication, these three individuals say the sharing of material continued after Trump took office.

“Since Trump’s become president and even before, [Pecker] openly just has been willing to turn the magazine and the cover over to the Trump machine,” said one of the people with knowledge of the practice.

Publisher of National Enquirer Subpoenaed in Michael Cohen Probe

Corporations are barred from making contributions to candidates under federal election law. If investigators find evidence that Mr. Cohen pressed American Media to buy Ms. McDougal’s story to protect Mr. Trump’s campaign, prosecutors could bring charges against Mr. Cohen, the company or both, legal experts said.

In such a case, prosecutors would have to prove Mr. Cohen coordinated with American Media to provide Mr. Trump something of value for the purpose of influencing the election, said Douglas Spencer, a professor of law and public policy at the University of Connecticut. Proving coordination would likely be the most difficult prong of such a case, he said.

.. Mr. Trump’s relationship with the National Enquirer stretches back decades. Tips about Mr. Trump poured into the tabloid after his television show “Celebrity Apprentice” took off in 2002, but the Enquirer turned away stories that could paint him in a bad light, two former American Media employees said.
.. Barry Levine, the National Enquirer’s executive editor until 2016, reminded them that Mr. Pecker wouldn’t allow it, these former employees said.
.. In time, AMI employees wouldn’t pitch any more critical articles about Mr. Trump, one of the ex-employees said, which is how Mr. Trump became known within the company as a “FOP,” or Friend of Pecker.

Tools of Trump’s Fixer: Payouts, Intimidation and the Tabloids

To protect his boss at critical junctures in his improbable political rise, the lawyer relied on intimidation tactics, hush money and the nation’s leading tabloid news business, American Media Inc., whose top executives include close Trump allies.

..  in the summer of 2015, when a former hedge-fund manager told Mr. Cohen that he had obtained photographs of Mr. Trump with a bare-breasted woman. The man said Mr. Cohen first blew up at him, then steered him to David J. Pecker, chairman of the tabloid company, which sometimes bought, then buried, embarrassing material about his high-profile friends and allies.

.. a female former Trump business partner had accused him of sexual misconduct, Mr. Cohen released a statement suggesting that the woman, Jill Harth, “would acknowledge” that the story was false. Ms. Harth said the statement was made without her permission, and that she stands by her claims. It was not the last time Mr. Cohen would present a denial on behalf of a woman who had alleged a sexual encounter with Mr. Trump.

.. American Media publications, which include The National Enquirer, Star, Us Weekly and Radar.

.. July 2015 when Mr. Cohen received a phone call from Jeremy Frommer, a hedge-fund manager turned digital entrepreneur, who had obtained photos of Mr. Trump appearing to autograph the breasts of a topless woman from the estate of Bob Guccione, the founder of Penthouse magazine.

.. “He was in a rage,” Mr. Frommer said in an interview. “He’s like, ‘If you show those photos, I’m gonna take you down.’”

.. It was a job Roy Cohn, a New York lawyer best known for advising Senator Joseph McCarthy, had done decades earlier for Mr. Trump.

.. Mr. Pecker and Mr. Trump, a staple of the American gossip media since the 1980s, have a friendship that goes back decades. The relationship benefited Mr. Trump throughout the campaign as The Enquirer lionized him and hammered rivals like Ted Cruz, Ben Carson and, finally, Hillary Clinton.