Cohen tells why he took an additional $30K in reimbursement
On redirect examination, Michael Cohen provided some background on the $30,000 he said he stole from the Trump Organization by overcharging them for work he did with Red Finch -- funds that were paid to him as part of the Stormy Daniels reimbursement payment.
"Red Finch is a technology company that I had asked to assist in a CNBC poll, and the poll was regarding the most famous businessmen in, like, the last century," Cohen said, speaking to the jury. "Mr. Trump's name was on that list and at the beginning of this poll he was polling toward the very bottom. It upset him, so he had me come to his office and he provided me with a sheet of paper."
"I reached out to Red Finch who told me he was able to create an algorithm to ensure that Mr. Trump would rise and rise significantly in this poll. We talked about what number Mr. Trump wanted to finish," Cohen said.
The jury sat in rapt attention as Cohen spoke.
Eventually Trump came in No. 9 but he declined to pay Red Finch because CNBC didn't bother following through with the poll, Cohen said. Cohen ended up paying them -- in a brown paper bag in cash, he said.
"You felt some pressure to make some payment to your friend? Hoffinger asked.
"Yes," Cohen responded.
Asked why he did it, Cohen said, "Well for a long time I had been telling him about the $50,000. ... I was angered because of the reduction in the bonus, and so I just felt it was almost like self help."
"I wasn't going to let him have the benefit this way as well," Cohen said, admitting that it was wrong.
