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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBribe coverup? Theory About That $1.6 Million Payout From a GOP Official to a Playboy Model
Let me offer an alternative explanation of the affair and the payoff. It is still just a hypothesis, but, I would argue, it fits more comfortably with what we know about the various players than the reported version of events: Donald Trump, not Elliott Broidy, had an affair with Shera Bechard. Bechard hired Keith Davidson, who had negotiated both Playboy playmate Karen McDougals deal with the National Enquirer and Stormy Danielss NDA with Trump. Davidson called Cohen, and the two of them negotiated a $1.6 million payment to Bechard.
At this point Cohen needed to find a funding source. Cohen asserts he took out a home equity loan to come up with a mere $130,000 to pay off Stormy Daniels, so it seems clear he couldnt have fronted the $1.6 million for the Bechard deal himself. So Cohen reached out to Elliott Broidy, a very rich Republican fundraiser with several pending and highly lucrative business deals with foreign governments: deals that hinged on whether Broidy could convince the U.S. government to take various actions. By stepping up to take responsibility for the affair and to fund the seven-figure settlement, Broidy was ensuring that he could continue to peddle his influence with Trump to governments around the world. Which is to say, it was a cover-up concealing a bribe.
roidy has a history of bribing public officials to enhance the economic prospects of his business ventures. In 2009, he pleaded guilty to bribing New York State Comptroller Alan Hevesi. As part of a plea deal which led to the convictions of seven of his co-conspirators, Broidy admitted he made more than $1 million in illegal payouts and gifts to New York pension authorities. The payoff for these bribes came when the New York State Retirement Fund invested $250 million with Markstone Capital, Broidys private equity firm. As part of the plea deal, Broidy also agreed to pay back $18 million in investment fees that the state pension fund had paid to Markstone.
In March 2018, the previously obscure Broidy was the subject of a slew of national stories regarding his remarkably aggressive influence-peddling in the wake of Trumps election. For example, the Journal reported that Broidy was slated to make tens of millions of dollars by getting the Justice Department to drop a probe into a multibillion-dollar bribery scandal involving 1MDB, the Malaysian state investment fund. One email revealed a plan to pay Broidy and his wife $75 million if they could successfully lobby the DOJ to drop the probe into 1MBD.
http://nymag.com/daily/intelligencer/2018/05/theory-playboy-model-had-affair-with-trump-not-broidy.html
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Bribe coverup? Theory About That $1.6 Million Payout From a GOP Official to a Playboy Model (Original Post)
HipChick
May 2018
OP
Wellstone ruled
(34,661 posts)1. My question,
Was this part of the Malaysian 75 million dollar bribe offer to Sessions? Seems to me,Broidy was the go between or one of them.