In recent court proceedings, David Pecker, a former tabloid executive, revealed details about discussions with Michael Cohen regarding the reimbursement for the McDougal deal. Pecker stated that these discussions took place after American Media Inc. (AMI) had provided the funds for the deal.
Pecker mentioned that he inquired with Cohen multiple times about how the company would be repaid. He emphasized the importance of receiving the reimbursement before September 30, the end of AMI's quarter, and ensuring accurate adjustments on AMI's accounts.
Pecker explained to the court that he felt it necessary to stress the significance of being reimbursed to Cohen. He recounted that Cohen reassured him by saying, 'Why worry? I’m your friend. The boss will take care of it,' with Cohen referring to Trump as 'the boss' during their conversations.
These revelations shed light on the interactions between Pecker and Cohen regarding the financial aspects of the McDougal deal. The testimony provided insights into the timeline and concerns surrounding the reimbursement process, as well as the dynamics of their relationship during that period.
