AT&T CEO: We made 'big mistake' hiring Cohen, chief lobbyist out

Enlarge this image

"Our company has been in the headlines for all the wrong reasons.and our reputation has been damaged", the memo said.

AT&T, as well as multinational drug maker Novartis, this week admitted making payments to the company of Trump's attorney, Michael Cohen, after the 2016 presidential election.

Mr. Cohen, President Donald Trump's longtime personal attorney, pursued opportunities with several companies after the election, pitching himself as a consultant with an entree to the highest levels of the new administration. Cohen was also in the building that day, but he and Stephenson did not meet and have never met, AT&T said. "For anything beyond that I would direct you to the president's outside counsel".

In that episode Trump said Giuliani would "get his facts straight". It was later revealed that it paid Cohen $600,000 for strategic advice on its $85 billion merger with Time Warner, which Trump has opposed. But AT&T said it did not meet with Avenue a second time.

"Did Cohen even listen to what Donald Trump was saying on the campaign trail?" In an internal memo to employees, obtained by The Associated Press, Friday, May 11, Stephenson called the hiring a "serious misjudgment, '" and said that the company's chief lobbyist in Washington is leaving.

Selena Gomez pokes fun at her Met Gala 'Oompa Loompa' look
Mysteriously, Gomez disabled comments on the post, which has since amassed over 3.6 million likes. Selena Gomez sure knows how to make an entrance.


The outcome - failing to influence the White House's stance on the proposed $85B acquisition of Time Warner (NYSE:TWX) - makes it a "dog bites man" story for analyst Paul Gallant.

Before taking office Trump tried to present a more open mind, telling Axios he hadn't yet "seen the facts" and that they would be "presented to me and to the people within the government".

"One of the things that has made AT&T so effective in their lobbying is that they're not dependent on one person". Both companies said they cooperated fully and consider the matters closed, but that hasn't stopped Avenatti. Such advisers can legally work for clients without registering as lobbyists as long as they avoid pitching elected officials on specific policies.

"What's unfortunate is the company and the individual who was retained because Michael Cohen is in trouble", Cohen said.

"We made a mistake in entering into this engagement and, as a outcome, are being criticized by a world that expects more from us", Novartis CEO Vasant Narasimhan said in a memo to employees. He denies any encounter took place. The company said it was contacted by Mueller's office in November, though now considers its role in that inquiry closed. AT&T has argued that divestitures would destroy some of the consumer value of the merger. It was through Essential Consultants that AT&T retained Cohen.

Boeing May Lose $20B in Orders on End of Iran Deal
Mnuchin also said the Trump administration would cancel waivers that allowed the sale of commercial aircraft parts and services. French oil giant Total is at risk of losing a contract to help develop Iran's South Pars gas field following the U.S. move.


The company is defending its merger with Time Warner in federal court against the Justice Department's efforts to block the deal.

Trump has always been a vocal opponent of the AT&T-Time Warner merger, apparently in part because of his antipathy for Time Warner-owned CNN, which he has labeled "fake news" for its negative coverage of him.

"Following this initial meeting, Novartis determined that Michael Cohen and Essential Consultants would be unable to provide the services that Novartis had anticipated related to USA healthcare policy matters and the decision was taken not to engage further", the statement said.

AT&T is no stranger to Washington politics.

The lobbying group will, for now, report to General Counsel David McAtee.

Milorad Mazic to officiate Champions League final
He was also in charge of two matches at the 2014 World Cup; Germany's 4-0 win over Portugal and Argentina's 1-0 win over Iran. The 20-year-old has undergone ankle surgery after aggravating the injury he sustained on worldwide duty last month.


"Companies paying people who have a grasp on the president's thinking is nothing new", Weinstein said.

Related news:

Hot News

isis-killer-beheading-video-story-top Chris Paul finally reaches conference finals as Rockets advance
May 11, 2018 - 05:15
They beat Oklahoma City in six games to reach the Western Conference semifinals, where they lost 4-1 to the Houston Rockets . This one is going to be a tough, uphill battle but you know the series victor is likely a heavy favorite in the NBA Finals.

isis-killer-beheading-video-story-top SpaceX calls off launch of its new rocket at the last minute
May 11, 2018 - 05:13
Company insiders believe that SpaceX wants NASA to use the rocket to carry astronauts to and from the International Space Station. At the time of this update , the rescheduled time for liftoff was aimed at 5:47 PM Eastern Time (that's 21:47 GMT).

isis-killer-beheading-video-story-top Gina Haspel is unfit for any job in government
May 11, 2018 - 05:12
But Sanders also said she had not recently discussed with Trump the question of whether torture is effective. Feinstein at least has the potential to be more reasonable when it comes to nominees named by Republicans.

isis-killer-beheading-video-story-top Fans upset after Fox cancels "Brooklyn Nine-Nine"
May 11, 2018 - 05:11
The final episode of the fifth and final season will air later this month, the network said. But Brooklyn Nine-Nine, like Mindy , is a Universal Television production.

Nadal breaks McEnroe record
May 11, 2018 - 05:09
In the quarter-finals, Lajovic will meet South Africa's Kevin Anderson who overcame German Philipp Kohlschreiber 6-3 7-6 (7). Nadal, who is looking for his sixth Madrid Open title, will now face Austria's Dominic Thiem in the quarters on Friday.

isis-killer-beheading-video-story-top Parents asked to prepare students for the Wireless Public Alert System test
May 11, 2018 - 05:06
The system is still scheduled for the rest of the country this week, with tests planned for BC and AB on Wednesday afternoon. But Blanchet said those alerts have been in place for app users since 2015, and that Monday's wireless testing is different.

isis-killer-beheading-video-story-top National Hockey League releases Stanley Cup Playoffs Western Conference Final sched
May 11, 2018 - 05:06
The Jets lead that series 3-2 heading into Game 6 on Monday night. "We have showed we can play on the road at both places. Play went on for 25 more seconds before the buzzer rang, with the situation room in Toronto calling for a video review.

isis-killer-beheading-video-story-top UP dust storm toll climbs to 12
May 11, 2018 - 05:05
Uttar Pradesh was the hardest hit with 80 deaths, a lot of them in Agra district that witnessed wind speed of 125.93 kmph. The dead included four in Etawah, three each in Mathura, Agra and Aligarh and one each in Kanpur, Hathras and Firozabad.

isis-killer-beheading-video-story-top Saudi air defenses intercept two missiles over Riyadh
May 10, 2018 - 00:48
The cartel and its allies agreed to slash output in late 2016, a response to oversupply and an oil price crash. It was the busiest day in USA front-month contracts since August, and for Brent the busiest in nearly a month.

isis-killer-beheading-video-story-top Michael Avenatti Mocks 'Doctor' Michael Cohen Consulting for Drugmaker Novartis
May 10, 2018 - 00:48
Novartis' contract with Cohen came at a time when Trump appeared open to allowing Medicare to negotiate drug prices. Novartis often has business before the federal government, particularly approval of medications.

isis-killer-beheading-video-story-top Patch for April 2018 Update sends Windows 10 into infinite boot loop
May 10, 2018 - 00:47
For more information about the remaining security bulletins for May Patch Tuesday , visit Microsoft's Security Update Guide . This had allowed people to force Internet Explorer to load, no matter what browser someone was already using.

isis-killer-beheading-video-story-top Early voting for primary election begins
May 10, 2018 - 00:46
Eden Feldstein, of Sylvania Township, drove to his designated polling location on his lunch break to ensure he cast his ballot. Braun's win might mean more for how Republicans try to win in primaries the rest of this year than Blankenship's loss.

isis-killer-beheading-video-story-top Cardi B And Nicki Minaj Photographed Interacting At Met Gala 2018
May 10, 2018 - 00:44
It's always little issues but the thing is, fans are always gonna make it a big thing. "But 'MotorSport , I kinda felt ambushed". Minaj, 35, and Cardi , 25, shined in this year's Met Gala theme of " Heavenly Bodies: Fashion and the Catholic Imagination ".

isis-killer-beheading-video-story-top Japanese PM stumbles over dessert served in shoe
May 10, 2018 - 00:43
The person responsible for the unusual creation is Segev Moshe, a celebrity chef who serves as a personal cook to the Mr. and Ms. One Israeli diplomat who served in Japan was equally livid: "There is nothing more despicable in Japanese culture than a shoe".

isis-killer-beheading-video-story-top Toronto Blue Jays vs. Seattle Mariners
May 10, 2018 - 00:42
So over last two starts , Paxton has allowed five hits and zero runs over 16 innings while walking four and striking out 23. He also hit the go-ahead two-run shot in the Mariners' eventual extra-innings win over the Angels on Saturday.