AT&T CEO calls hiring of Michael Cohen a "big mistake"


The company says Cohen approached them following the 2016 election. Sanders, however, used the situation to praise the president. "For anything beyond that I would direct you to the president's outside counsel".

The former New York City mayor added that the president was out of the loop on Michael Cohen's consulting deal with AT&T. "It might grow to become good or bad", Giuliani explained. "There's a lot of people in Washington who are paid for their advice".

But, Giuliani stated he believes Cohen does not even deserve the criticism he's taking from a number within the media as well as in political circles. "The guy is really collateral damage".

"The man is under severe emotional pressure".

Giuliani is also a former U.S. Attorney for the Southern District of NY, which is the office now investigating Cohen's business dealings.

Giuliani joined Trump's out legal staff in April to signify Trump in Exclusive Counsel Robert Mueller's research into possible ties to Russian Federation.

The telecom giant paid Cohen, who had served as Trump's personal lawyer until recently, $600,000 for help with "insights" into the president's thinking.

In an internal memo to employees, obtained by The Associated Press, CEO Randall Stephenson called the hiring a "serious misjudgment, '" and said that the company's chief lobbyist in Washington is leaving.

"To be clear, everything we did was done according to the law and entirely legitimate", Stephenson wrote.

The telecommunications company said it was contacted by investigators with Mueller and provided "all information requested in November and December of 2017".

On Friday, President Donald Trump blasted the "fake news media" for not reporting on litigation revolving around AT&T's planned merger with Time Warner in a tweet that seemed to come out of nowhere.