How Michael Cohen Profited Off His Meager Trump Administration Expertise

Brenda Watkins
May 11, 2018

Stormy Daniels, also known as Stephanie Clifford, speaks to reporters with her attorney Michael Avenatti outside of federal court in New York City April 16.

Novartis allegedly realized in the spring of 2017 that Cohen could not provide the information the company requested, but did not attempt to cancel the contract for fear of "ticking off the president", according to a second article in STAT.

A Democratic U.S. Senator called for hearings about the company payments to the firm run by Cohen, a longtime attorney and self-described "fixer" for Trump. Those rules, for instance, require that lobbyists register as such only if they've spent at least 20 per cent of their time with a client over a three-month period doing lobbying work.

Though from what we've learned so far, it seems Cohen was particularly bad at guiding companies through Trumpworld, these sorts of arrangements aren't uncommon.

Avenatti did not reveal the source of his information or release documentation.

One of the men, a Canadian worldwide consultant, has written Avenatti demanding he correct the "scurrilous rumor" that began when a bank transaction relating to him ended up in a report meant to feature influence peddling by the New York Michael Cohen. Asked whether Trump had taken any action to benefit Novartis, AT&T or KAI, Sanders said: "Not that I'm aware of".

"When we were contacted by the Special Counsel's office regarding Michael Cohen, we cooperated fully, providing all information requested in November and December of 2017", the company said in a written statement.

Lawyer Michael Avenatti also said hundreds of thousands of dollars streamed into Cohen's account from companies, including pharmaceutical giant Novartis, AT&T and Korea Aerospace, with US government business interests.

AT&T admitted making the payments to Cohen in a statement Tuesday.

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Essential Consultants was the same company Cohen used in October 2016 to route money to Daniels in exchange for her agreement not to disclose an alleged affair with Trump.

Avenatti is seeking to be heard in Cohen's criminal case at a hearing scheduled for May 24. Stedman said he received an email from the actual Michael Cohen who received this payment.

Special counsel Robert S. Mueller III and the prosecutors and investigators from New York's Southern District have looked into whether a host of corporations collectively may have paid millions for something valuable in return.

"As the contract unfortunately could only be terminated for cause, payments continued to be made until the contract expired by its own terms in February 2018.", the spokeswoman said.

Novartis struck up a firestorm Wednesday with the revelation it paid President Donald Trump's lawyer Michael Cohen $1.2 million to do essentially nothing. The Trump administration opposed the AT&T effort, and the Department of Justice filed suit to block the merger in November a year ago. Both companies say they now consider the matter closed.

No. Cohen isn't an employee of the US government and therefore not bound by the pledge, which restricts influence peddling to those coming into or leaving the Trump administration.

Novartis admitted it made a costly mistake in making payments totalling almost $US1.2 million to Cohen's firm.

Trump had dinner with Novartis' soon-to-be CEO Vasant Narasimhan, along with other European executives, at the World Economic Forum in Davos shortly after the date of the final payment.

"We made a mistake in entering into this engagement and, as a outcome, are being criticized by a world that expects more from us", Dr. Narasimhan said in the email, which was earlier reported by STAT, a healthcare publication of Boston Globe Media.

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