AT&T CEO calls hiring of Michael Cohen a "big mistake"

Image Zoom

Michael Avenatti, the attorney representing adult film star Stormy Daniels, released a memo Tuesday that alleged Columbus Nova paid $500,000 to Michael Cohen through the same bank account that Cohen had created in 2016 to execute the hush payment to Daniels.

The payments went to the Essential Consultants LLC, the same shell company Cohen used to pay $130,000 in hush money to a pornographic actress who says she had a sexual encounter with Trump in 2006.

According to an internal email sent to AT&T employees and obtained by The Hill, the company hired "several consultants to help us understand how the President and his administration might approach a wide range of policy issues important to the company, including regulatory reform at the FCC, corporate tax reform and antitrust enforcement". AT&T's business with Cohen came amid a major antitrust showdown with the Trump administration, as the phone giant has been seeking US government approval for its $85 billion acquisition of Time Warner.

AT&T paid Cohen, President Trump's personal lawyer and fixer, $600,000 through a contract that ended in December 2017. Cohen was one of "several consultants" the Dallas-based telecom company hired for insight, according to an email sent to US employees on Wednesday. Quinn accompanied Stephenson to meet with the president-elect at Trump Tower in January 2017 - 11 days before AT&T hired Cohen. "But the fact is our past association with Cohen was a serious misjudgment".

AT&T said this week it engaged with Essential Consultants a year ago so Cohen could provide "insights into understanding the new administration" and added the company did not lobby for the telecommunications giant.

The company's lobbying operation will now report to AT&T General Counsel David McAtee, Stephenson said.

More news: More pressure seen on Airbus than Boeing from US Iran deal exit

The White House said Friday that those deals didn't have any influence on Trump - noting that the Justice Department has not dropped its opposition to the AT&T-Time Warner merger.

Cohen's political payments, which also came from Novartis and Korea Aerospace Industries, have been increasingly scrutinized in recent days and may attract the attention of investigators.

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".

Time Warner, with which AT&T wants to merge, owns CNN.

AT&T paid President Donald Trump's lawyer Michael Cohen $600,000 to advise the telecom giant on its proposed $85 billion acquisition of Time Warner, along with other issues pending before the federal government, The Washington Post reported Thursday. While Novartis got little from Cohen, the arrangement dragged Novartis into Mueller's investigation.

Related News:

  • Unnao rape: CBI confirms MLA raped woman, police protected him

    Unnao rape: CBI confirms MLA raped woman, police protected him

    Meanwhile, Unnao rape case victim demanded death penalty for BJP MLA Kuldeep Singh Sengar for raping her and murdering her father. The case made headlines last month when the victim and her family tried to kill themselves outside CM Yogi Adityanath's house.
    India name Rahane as skipper for Afghanistan Test

    India name Rahane as skipper for Afghanistan Test

    Of course, the England tour will be "the tour" for him. "Fantastic innings, I only saw some of the highlights", he said. He is the best batsman in the world, last four years he has established himself as the No. 1 batsman in the world.
    Bad loans of top six private banks exceed Rs 1 lakh crore

    Bad loans of top six private banks exceed Rs 1 lakh crore

    Its return on assets became negative at (-) 0.03 per cent at the end of March quarter as against 0.15 per cent in the year-ago. Provision for non-performing assets nearly tripled to ₹8,762.57 crore from ₹2,924.08 crore, according to a filing.
  • At meeting with automakers, Trump launches new attack on NAFTA

    At meeting with automakers, Trump launches new attack on NAFTA

    But they do not want the administration to freeze the standards, with no future increases. "We'll see if we can make it reasonable".
    Red Bull keeping drivers on tight leash after Baku crash

    Red Bull keeping drivers on tight leash after Baku crash

    But he finished with the second-quickest time in the afternoon, behind Lewis Hamilton of Mercedes and just ahead of Verstappen. Both drivers left Baku with zero points. "That's not how Red Bull is - and that's why I like the team", said the Dutchman.
    Watch Childish Gambino's 'This Is America' video

    Watch Childish Gambino's 'This Is America' video

    Speaking of the moment she first saw Gambino's video (the alter ego of Donald Glover ), she recalled getting her hair done and how she "had to get everyone to stop and watch it" before miming putting her hands over her face jn an expression of shock and disbelief.
  • AT&T chief says hiring Cohen was 'a big mistake'

    AT&T chief says hiring Cohen was 'a big mistake'

    Stephenson acknowledged that the company's reputation had been damaged when the payments to Cohen came to light. A Justice Department spokeswoman did not immediately respond to a request for comment.
    Jailed Malaysian politician Anwar Ibrahim to receive royal pardon

    Jailed Malaysian politician Anwar Ibrahim to receive royal pardon

    Whether Mahathir can repeat the success of his first tenure in office that ended 15 years ago remains to be seen. It also expressed its hope to continue bilateral cooperation with Malaysia under Taiwan's New Southbound Policy.
    She Was Forced to Marry. He Raped Her, So She Killed Him

    She Was Forced to Marry. He Raped Her, So She Killed Him

    The family opted to have Ms Hussein sentenced to death, and her legal team now has just 15 days to appeal the sentence. Randa Elzein, who works for the Seema Center, a Khartoum-based organization that has advocated for Ms.
  • My Journey Just Begun - Jason Cummings Oozes Confidence Over Rangers Move

    My Journey Just Begun - Jason Cummings Oozes Confidence Over Rangers Move

    Hibs have won just three of their last 20 top-flight games against Rangers (D3 L14), but two came in the last three metings. Hopefully next year I can kick on".

    Rockets Ready to Roll Over Warriors in West Finals

    The Warriors are the favorites, while the Rockets are the second-most likely to win it all this season, according to the lines. As good as the Rockets have performed, the Warriors remain in a class by themselves when they're at their best .
    Eastern Conference final matches hungry Caps, savvy Lightning

    Eastern Conference final matches hungry Caps, savvy Lightning

    Similar trends can be seen in Pittsburgh, where the Penguins are on the verge of elimination. Their power play was good, but not almost good enough to overcome that lack of production.


Most liked

Stanley Cup Playoffs 2018: Conference Finals Predictions
Lightning coach Jon Cooper said earlier in the week the Lightning can not make a habit of losing Game 1 of the series. The Washington Capitals organization began play during the 1974-75 season and has never hoisted the Stanley Cup.

Hawaii volcano could blow its top soon, hurl rocks and ash
As that magma flows from the chamber and out of the fissures on the volcano's flanks, the lava level in the center crater falls. According to a USGS statement released nearly two hours after, the explosion was caused by a rock falling into the lava lake.

How Delhi Daredevils' Rishabh Pant exposed chink in Sunrisers Hyderabad's armour
Shakib delivered Roy the exact next ball using a beauty which flipped out only enough to take the edge towards the wicketkeeper. His overall tally reached 521 - 28 runs ahead of second-placed Kane Williamson of SRH (493 runs in 11 games) after Matchday 34.

Ford F-Series production halted amid parts shortage
A spokesperson for Ford tells CNBC, "We are working closely with the supplier to manage the situation". Ford's F-150 is the automaker's best-selling and most profitable vehicle.

'Save Lucifer!' Fans rally to save the Fox series from cancellation
"We created a season finale with a huge cliffhanger so that there was no way Fox could cancel us", he tweeted . I loved this show so damn much and everyone put their heart and soul into it.

New York Giants cut former UCLA RB Paul Perkins
He underwent a procedure recently and was waived with a non-football injury designation. He appeared 25 regular-season games in that span totaling 153 rushes for 546 yards.

Day, Scott chase Players leader Simpson
Conditions are unlikely to reach those extremes this weekend, with steamy temps and light breezes in the forecast. It's a phrase that likely won't make it into promotional materials for The Players Championship anytime soon.

Thanos has been nerfed yet again in Fortnite
As you'd imagine, being Thanos is a huge advantage, as he's so physically superior to every other player in the field. The "hotfix" reduced Thanos' shield and health by 100 each and lowered the power of his laser down from 15 to 12.

Former Texas dentist released from prison 15 years after killing husband
In 2002, Harris ran over her husband, David, after she discovered he was cheating with the receptionist at their dental practice. Parnham says he wishes Harris nothing but the best and believes she'll be able to adjust well to life back in society.

Trump 'fixer' Cohen now target of prosecutors
The source also said the payments were for "actual work done", adding: "And it wasn't to pay for access to the president". Vekselberg, who according to the New York Times has been questioned by Mueller's team, could not be reached for comment.

Research Finds Alexa, Siri and Google Assistant Susceptible to Inaudible Commands
Speech recognition systems typically translate each sound to a letter, eventually compiling those into words and phrases. This way, they found out the devices can perceive a series of silent commands that we are incapable of detecting.

Parent company of Zoopla and uSwitch sold for £2.2bn
Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more? The company now has an average rating of "Buy" and an average target price of GBX 428.69 ($5.82).

Hawks hire Lloyd Pierce as new head coach on three-year deal
The Hawks went 24-58 this season, which was worst in the Eastern Conference and tied with Dallas for the NBA's third-worst record. Pierce's one-year stint at Golden State coincided with current Hawks general manager Travis Schlenk's time with the team.

Pep Guardiola admits Sergio Aguero could leave Man City this summer
Aguero, 29, joined City from Spanish side Atletico for a reported £38m in 2011 and has been linked with a return . The Portuguese has featured in all but four of City's 56 games this season but only 27 of them have been starts.

Finally Salman Khan speaks to fans announces Race 3 trailer release date
The actress was found bleeding profusely after the ball hit her eye while playing squash on the sets. Onlookers share,"The Rickshaw driver along with a couple of guys were not in their senses".