Cohen reviews contents of secretly made recording
After Cohen's recording was played in court, prosecutor Susan Hoffinger is replayed sections and asked Cohen about what he said at the time.
"Who is 'our friend David?'" Hoffinger asked.
"He is referring to David Pecker," Cohen said.
Asked about the reference to then-Trump Organization CFO Allen Weisselberg, Cohen said, "Because Mr. Trump had previously directed me to speak with Allen Weisselberg about getting this matter settled."
"Because we are going to need money and going to need to open the LLC and to resolve this issue," Cohen said about the LLC being formed.
"We were referring to the 150,000 that was advanced by AMI in order to purchase the life rights of Karen McDougal," Cohen said "He knew already knew based on conversations with David which is why he mentioned the number 150."
When asked about the comment about Pecker getting "hit by a truck," Cohen said that Trump was concerned about the National Enquirer's files about him in case Pecker ever left the company.
"David Pecker was being considered for the CEO position of Time Inc. and the concern was the information -- so all the stuff refers to that," Cohen said
Following this testimony, court was recessed for the mid-morning break.
Cohen, exiting the courtroom, did not appear to look at Trump as he walked by the defense counsel table.