was that den wione with the president s knowledge or direction? everything was done with the knowledge and at the direction of mr. trump. tell us why he would do that and what purpose did it serve. it depends upon the situation. there were times that i was asked, again with alan weissleberg, the cfo, to go back to speak with an individual from forbes, because mr. trump wanted each year to have his net worth rise on the forbes wealthiest individuals list. and so what you do is you look at the assets and you try to find an asset that has say, for example, 40 wall street, which is about 1.2 million square feet. find an asset that is comparable, find the highest price per square foot that s achieved in the area and apply it to that building.
he had told me he had spoken to a couple friends, it s 130,000 and it s not a lot of money and we should do it. i was with alan weissleberg where he directed us to go back to weissleberg s office and big this all out. thank you, mr. chairman. mr. cohen, do you know lynn patton? yes, i do. i asked lynn to come today in her personal capacity to shed some light. how long have you known ms. patton? i m responsible for ms. patton joining the trump organization in the job that she currently holds. i m glad you acknowledge that because you made some very demeaning comments about the president that ms. patton doesn t agree with. in fact, it has to do with your claim of racism. she says that as a daughter of a
before the election that mr. trump was going to pay the $130,0 $130,000, in the office with me was alan weissleberg, the chief financial officer of the trump organization. he acknowledged to alan that he was going to pay the 130,000 and that alan and i should go back to his office and figure out how to do it. so yes, sir, i stand by the statement that i gave, but there was a history to it. in your testimony, you said you brought some checks, is that right? yes, sir. let me ask you about one of these. this from the trump trust that holds the president s businesses, can you tell me who signed this check? i believe that the top
reimbursement of the funds that i extended on his behalf. can you elaborate more? well, going back into the story, as i stated when alan weissleberg and i left the office and went to his office in order to make the determination on how the money was going to be wired to the iola, the interest on a lawyer s account for keith davidson in california, i had asked alan to use his money. didn t want to use mine. he said he couldn t. we then decided how else we can do it. he asked me whether or not i know anybody who wants to have a party at one of his clubs that could pay me instead or somebody who may have wanted to become a member of one of the golf clubs. and i also don t have anybody who was interested in that. it got to the point where it was down to the wire. it was either somebody wire the
alan weissleberg, alan garton of the trump organization as well. thank you very much for your testimony. mr. chairman, this is a story of redemption. thank you, ma am. mr. comber. mr. cohen, in your testimony you stated that you began work for the trump organization as a lawyer dealing with real estate transactions, is that correct? that is correct. prior to coming to congress, i served as a director of two different banks. i ve seen hundreds of loan applications. to try to determine your credibility here today, i just wanted to ask you a couple of real estate transaction questions just to see how in fact you operate. during to the southern district of new york prosecutors, you lied to banks to secure loansly debt you were carrying. was it donald trump s fault that you knowingly committed a crime of deception to defraud a bank? no, it s not. was that fraudulent loan you obtained for the trump