AFTER 2016 ELECTIONS, COMPANIES WERE ANXIOUS TO HIRE TRUMP INSIDERS
…This is the lobbyist office
where Michael Cohen acquired his well-paying consulting clients
All of Cohen’s new clients
were just buying access to the US President.
OK, let’s look at how
Donald Trump’s personal lawyer, and his “Fixer”, Michael Cohen, took on different levels of
expertise for bringing on his group of new, high paying clients.
First, Michael sold
himself as being highly knowledgeable in the nation’s health care
policies. In doing that, a global pharmaceutical company, Novartis, has since admitted that it
paid Cohen, $1.2 million for providing insight into Trump’s health-care
policies. Money that they said they were
required to keep paying, even after concluding that Cohen had very little to offer them on health care.
Then Cohen sold
himself as being almost a C.P.A. in accounting, as a Korean aerospace company, competing for a US military contract, has said it paid Cohen $150,000 for advise on “US accounting practices”.
Then he sold himself
as having a full understanding of the Trump administration to the point that
the mega telecommunications company, AT&T,
has said it paid $600,000 simply to
better understand the Trump administration.
Finally he
showed off his expertise in New York real estate, which allowed him to bring in
Columbus NOVA as a new client for $500,000 for
consultation on local real estate issues.
I guess it’s just coincidence that this company has a close connection
to a very wealthy Russian oligarch….?
All of this was
accomplished in a lobbyist law
office on the 23rd floor of New York’s
Rockefeller Center. This was where
Cohen pitched potential clients on his close association with President
Trump. In these meeting he would note
that he was still the president’s “personal
lawyer”, he also showed photos of himself with Trump, while mentioning how
frequently they spoke. He even shared
copies of news articles with potential clients that described him as the
president’s “Fixer”.
The office in
which he operated out of was provided by the powerhouse legal and lobbying
firm, Squire Patton Boggs, which
also signed Cohen to a $500,000 deal in the wake of the 2016 election. This was where Cohen created Michael D. Cohen & Associates LLC. And this was all a side benefit of his affiliation with Donald J. Trump.
We all know that the
reality of all of this was that Michael Cohen knew nothing about health care, or accounting practices, because what he was offering was access to the
President of the United States.
Why else would these
companies pony-up these large amounts of cash to the presidents “Fixer”?
Unfortunately
for Cohen, his business activities have been under investigation by both
special counsel Robert S. Mueller and the US attorney for the Southern District
of New York, which conducted searches of his office, home, hotel room and
safe-deposit boxes on April 9.
Both teams of
investigators have been comparing Cohen’s work with the president’s interests,
and how Cohen’s activity flowed through Essential Consultants, a company
Cohen formed in the fall of 2016.
Late last
year, the special counsel sought information from two of the companies that
hired Cohen, AT&T and Novartis, and Cohen, who refinanced his Park Avenue condominium in recent
days, as he faces mounting legal bills. He and his lawyer have declined to
comment.
Cohen worked
with his clients in two different ways: one through his limited liability
corporation, Essential Consultants,
and with his contract with Squire Patton
Boggs.
Cohen's Essential Consultants was formed in October 2016, initially for transferring the $130,000 to adult-film star Stormy Daniels, who was
planning to go public with allegations of a sexual encounter with Trump. The
president has denied the affair, but his attorney, Rudolph Giuliani, has
said Trump reimbursed Cohen for the $130,000.
Other
activities by the “consulting firm”
have now become public when Daniels’s lawyer, Michael Avenatti, released a
report with specific bank transactions linked to Essential Consultants. The source of Avenatti’s information was
unclear, but many of the payments were confirmed by the listed companies. However, this action has prompted a Treasury Department investigation into how Avenatti obtained
the material. Cohen’s lawyers have
accused Avenatti of improperly obtaining Cohen’s bank records.
However, Cohen's Essential Consultants’ most notable
contract was with Columbus Nova,
which is a New York-based investment firm that said it paid Cohen $500,000 back in
2017. In a statement, Columbus Nova
said it is owned and managed by Americans, but they did acknowledge that it
manages assets for a company controlled by the Russian billionaire Viktor
Vekselberg.
Columbus Nova said it paid Cohen to help it with
investments in real estate. It said Vekselberg had nothing to do with the
decision to hire Cohen. However, it’s interesting that Vekselberg, who attended
Trump’s inauguration with Andrew Intrater, his cousin, which just happens to be the CEO of Columbus Nova.
A person
familiar with the situation said Cohen, Intrater and Vekselberg were all seen
together at Trump’s inauguration.
Cohen was able
to sign up such lucrative clients because many companies at the time were extremely anxious to hire any Trump insiders.
Barry Bennett,
a former Trump campaign aide opened a consulting firm, Avenue Strategies, in partnership with former Trump campaign
manager Corey Lewandowski. Bennett said
there was more potential business than they could handle. “When
we opened our doors, the phone just rang and rang and rang. . . . We turned a
lot of business away. My guess is that anybody who was perceived as close to
Trump, their phones were ringing like ours. It was like shooting fish in the
barrel.”
Craig Holman,
a government affairs lobbyist for Public
Citizen, a consumer advocacy organization, said Cohen’s work at the firm
should be disclosed publicly. This is because he
was simultaneously Trump’s personal attorney that could be introducing his clients
to a lobbying firm that may also have interests before the president and his
administration.
“This is the swamp of Washington,” Holman
said, referring to Trump’s campaign statements about draining the Washington DC political swamp. “If you are the
president’s attorney, you should not be in a position to enrich oneself.”
Now, a year
after Cohen had signed up many of his clients, most of those contracts are now gone.
“This has destroyed him,” said one of
Cohen’s closest friends, bemoaning the behavior of those who once courted him,
but have now abandoned Cohen. “The whole
thing is horrible.”
Being
associated with Donald Trump seems to usually end up being a curse.
Copyright G.Ater 2018
Comments
Post a Comment