but karen mcdougle, arguably, you don't need much of her testimony at all.resting witness but in terms of proving things, there's not a lot more you get out of here that will be introduced by davidson or by gary fero. you can make the argument they barely need karen mcdougle but need a character like stormy daniels. her transaction is at the center of this case. but i say that if you have enough gary fero testimony, enough testimony by other people to know about the transaction. >> but the jury's going to want to see her. >> you've got to call stormy daniels and mcdougle. the fact that a witness is interesting doesn't -- >> thank you so much. >> ahead in our next hour, we'll speak to a former executive vice president of the trump organization. but first, we'll turn to another major story we're following today. columbia university protestors storming and occupying a building on campus. we'll head there live after this. you're watching chris jansing reports only on msnbc. g chris j reports only on msnbc. today, at america's beverage companies,... ...our bottle

he was supposed to pay karen mcdougal. he was supposed to pay 125,000 dollars for the life story of karen mcdougal. for whatever the reason may be, he elected not to pay it. davidecho was very angry because there was other money he that was expended on his behalf. david never got paid back for that either. >> so davidpecker has done this in other cases? >> in other circumstances, yes. not all of them had to do with women. host: that was michael cohen from 2019. help put that into context here and how that testimony might play into what you were just talking about. guest: at that testimony, it's five years ago now but it was very dramatic at the time because he had copies of the canceled checks so you could see the checks with trump's signature on it. that was quite dramatic. it was paid in monthly installments over one year. that was to be reimbursed for the things he passed along to stormy daniels for karen mcdougal. the mcdougall case was a little more complicated because it went through the national enquirer. there was

he was supposed to pay karen mcdougal. he was supposed to pay 125,000 dollars for the life story of karen mcdougal. for whatever the reason may be, he elected not to pay it. davidecho was very angry because there was other money he that was expended on his behalf. david never got paid back for that either. >> so davidpecker has done this in other cases? >> in other circumstances, yes. not all of them had to do with women. host: that was michael cohen from 2019. help put that into context here and how that testimony might play into what you were just talking about. guest: at that testimony, it's five years ago now but it was very dramatic at the time because he had copies of the canceled checks so you could see the checks with trump's signature on it. that was quite dramatic. it was paid in monthly installments over one year. that was to be reimbursed for the things he passed along to stormy daniels for karen mcdougal. the mcdougall case was a little more complicated because it went through the national enquirer. there was

so 150 grand is a precedent set by karen mcdougal. and that davidson is saying that dylan howard, who who works with national enquirer, says, you should try to get as much as you can up to $150,000. dylan as sort of a peacemaker, brought me back into the fold. keith davidson explains, but then cohen says he wasn't paying. it's just one more snafu so i think one of the things that's going on here, paula, and please correct me whatever errors i've made is the deal has gone through with karen mcdougal. she's being paid $150,000 by american media incorporated. they think donald trump is going to pay back. he doesn't. and david pecker's like, okay, well, that's on me. i'll take the hit, maybe even advised by his lawyers is don't be reimbursed right now. the jury is seeing an email from davidson to cohen with wiring instructions. so at some point cohen is being given. here's where you wire the money. michael cohen. and at this point, they're trying to rush her cohen to pay or at least team trump to pay because david pecker doesn't want to g

>> kara so karen mcdougal was the last witness on the stand. >> excuse me, the testimony involving karen mcdougal was the last bit of testimony heard from david pecker was just the final 15 minutes of the day and he was teeing up this issue. they knew about her allegation of a romantic relationship with the former president and a conversation that pecker recounted having with donald trump at this point, they are still scrambling understand what the allegation is and whether she wants to go public with it or if she'd rather not. so i think what we will hear next from david pecker is he will then explain how they agreed to make this 150 the thousand dollars payment to her that ami his company did and then that there was some cold feet about it after the fact and this will then tie up the stormy daniels polls payment because there were three catch and kill deals as part of this alleged pattern that prosecutors have put out and they we've now heard testimony about the first two. stormy daniels will follow, and that will get to the center of this case he's this main allegation here, the $130,

he is talking about karen mcdougal and non-disclosure agreements. significance. >> reporter: keith davidson has not been a public figure. it's not like he has come out and done tv interviews or talked about his representation of stormy daniels and karen mcdougal. that's why for the prosecution, he could be key here as linking these pieces together. he was the one in 2016 who was negotiating the selling of karen mcdougal and stormy daniels' story. he will be able to provide some veracity to the expected testimony of michael cohen and their exchanges and how ultimately the negotiations of their sales went down. right now, the prosecution for the jury is simply setting up, how did you become aware of karen mcdougal? he is saying he knew her for 25 years. he got connected to her via a friend of his. then started representing her in the summer of 2016. that is where the retainer was set up. he was beginning to personally advise and provide counsel for her. he was sort of the attorney/agent role there where alleged he was negotiating, helping them provide

karen: thanks, faith. we were super excited for the pace launch and now even just a few weeks later to see the first data coming out of the mission. we just released a data into the science community which is really where the power of these observations begins to be unleashed. pace is a mission that measures some of the tiniest things that have some of the greatest impact. in the oceans, phytoplankton. these are small, plant-like organisms that are some of the earliest organisms on earth. there are hundreds of thousands of types of phytoplankton. they form the base of the food web in our oceans. they also are responsible for taking carbon dioxide out of our atmosphere. the carbon dioxide combined with the nutrients in the water and the sun's light create the plant matter itself, how the plants grow, but also releases oxygen into our atmosphere. the other thing that pace observes is aerosols in the atmosphere. aerosols come from a lot of different sources, from smoke from wildfires, from dust blowing off of

and karen, i think for people at home, we're wondering okay. we've heard from the national enquirer. we've heard from trump's assistant. we heard from michael cohen's banker. why is the executive director of the c-span archives now, taking the witness stand, it all goes back to what you were talking about earlier, which is trump's legal team won't stipulate anything. so they have to bring up these witnesses to get evidence into the record. >> yeah. so gary farro, who just testified, i could see why trump's lawyers didn't stipulate to him. they had actual stuff they wanted to get out through him like was michael cohen in a rush? was he always hurried? was he did you deal with trump directly, but i suspect although i don't know because we haven't heard what he has to say that dr. browning will not have much to say other than he's going to be putting into for the record tapes. right. or video of certain footage that they want in because it says he's from c-span archives. he's not going to i don't think have any dealing directly with anybody. this

so, karen -- >> yeah. >> your team already on the clock.ng into the draft you're the number one pick >> and what is it going to be. >> the game has changed a little bit tonight, right >> right >> meta, which i didn't think would have this outcome -- >> okay. >> and, you know, so, i was thinking, all right, it is my biggest position, but ido i go with that? you have to go big or go home, right? middling doesn't really do it for you. got to think about that. the game has changed and then i have to think about, well, i got to stalk to stewy. kind of interesting, she was, the first draft pick and here we are getting the first draft pick, as well. i want to get her input, as well >> and how many rounds does it two? >> two rounds. i want to hear her strategy. >> okay. tim, what is your advice >> well, it has been me, and my advice is you you want something that has a high delta outcome opportunity, so, it could mean really the most bombed out chart on there if you think there's a chance somewhere in the next year you know, remember things go from

karen friedman, agnifilo.ch for being back with us monograph not a name that you would expect would come early on a witness testimony. yeah. but absolutely anticipated that she would come up actually, i mean, this woman had the keys to the kingdom. she saw everything she knew pretty much everyone when you can see here prosecutors just as karen predicted on this show, about an hour ago they're using her to help introduce documents, lay the foundation for the fact that she she knew stormy daniels new karen mcdougal, the contacts were in their now going through his calendar so she can really help them confirm a couple of key dates, contacts, and events. so i think that's why they're going through the calendar, but that's exactly what karen said they do with their last where they two hours four-and-a-half, karen and di predicted we would see a witness like this. what's the significance in this kind of case to have a witness that we're so close to donald trump that had access not only to his calendar, but two, who

he said, how's karen doing? so i said she's doing well, she's quiet everything is going good. >> they here to shed more light on the testimony. >> olivia nosy, who is washington correspondent for new york magazine. you have in this courtroom following this so closely all week and of course, this candidacy in this candidate for a long time. what's this exchange between trump and pecker? tell you about the trump white house. >> no. you remember of course, how chaotic that trump white house was at his chaotic the entirety of the four years that ended in chaotic fashion, but that first year in particular, every day it was in new crisis and there was a real lack of discipline, not that it really ever got better, but it all makes a lot more sense when you learn that the president sitting in office was really preoccupied with the matter of the affairs that he had sought to sought to cover up as he sought the presidency. and it was really stunning to hear from pecker that he was meeting with trump in the oval office. he

i began to sit less, began to move more, no, no, lenochka, i began to lie down more, by the way, karen, let’s talk today about a healthy lifestyle, that is, about everything that has a beneficial effect on our health, well, there’s diet, sports, healthy sleep, rest, rest, this is also very suitable here, and of course, the most important thing is money, karen, what do you mean, what does money have to do with it? and vacation can be without money, for sure, i agree, len, but i have one proposal for you, come on, let’s start a healthy lifestyle right now and a little let's have a rest, and while a funny artist performs, karen, what can you do for the sake of your health, oh, healthy sergei drobotenko on stage, we meet, friends, there was a case, a woman ordered an air conditioner, on the appointed day they call from the company, ask to go downstairs, meet, woman comes down and sees that the men. they take out of the van some large box without identification marks, as it later turned out, they brought a toilet to the neighboring apartment, the woman, in full confidence that this is her a

there's no people surrounding karen mcdougal? yes, there's no question for exclusivity when you're a weekly publication and you need to hold someone from speaking to another media organization for a week's time, you're going to put them under some type of exclusivity. it could be a couple 100 dollars, it could be several thousands of dollars. i mean, we operated no differently. i mean, we were bold about the fact that we practice checkbook journalism and certainly there were individuals who called the enquirer tip line specifically because they were looking for money, but television shows would pay for video. they would pay still pay for somebody's scrapbook are still photos. it would justify sum payments, but they weren't as direct as the national enquirer and in terms of what it's become i mean, it is a shadow of its former self in terms of readership and in terms of do you think that they, do you think it will continue i mean, that's that is so hard to say. i feel a great deal of sadness over the way pecker came forward and ju

karen mcdougal story. and when you look at the charging documents here for trump, there are some hints about where this goes. next david pecker ends up paying her, but at some point, he decides to not get reimbursed from trump world and i'm curious as to why that happened. so this is the opening salvo, but there's more to counter. so again, you're not going to find the crime a to z found in any one paragraph of testimony, prosecutors have to build a case here and i think two things jump out at me from the transcript. one, this is a full nine alarm fire in trump world and in the national acquire in pecker's environment, they are i mean, they're pulling each other out of meetings. they're borderline panicked okay. the other thing is that establishes a really important chain of communication because this is one of the rare instances. there's a few were david pecker has direct contact with donald trump. most of its with michael cohen. and the weakness that arthur just pointed out is, well, how do you know that

and karen mcdougal story. so then trump's lawyer saying confronting with him some notes that an fbi agent had taken after an interview, david pecker gave to them. and in those fbi notes the notes say the david pecker didn't recall any gratitude from donald trump's, so he was challenging on on that asking him about that david pecker says i know what i remember. this is going back to 2018. i didn't recall back from what i'm saying here is that during the fbi investigation, i know what i said yesterday happens, so i can't reconcile what the fbi interview was. if someone made a mistake or not beauvais says, so you can't reconcile because what you said yesterday is inconsistent with what's in this report, correct? pecker says yes, but i wouldn't be responsible for this report, but they said i understand. so you're suggesting that the fbi made a mistake here. pecker said, i know what the truth is. i'm not i can't state what the woods here why this was written, this way. i know exactly what was sent to me so interest

karen, what's the bull case here? >> the bull case is the pressure has been racheted up.ays ago, arc house, which has been trying to become -- they finally signed an agreement, allegedly, to allow them due diligence, and it's going more slowly than we thought. we have a quote here from their proxy fight, it's saying, it's taken months of public advocacy and the launch of a proxy contest to replace a majority of the board to motivate the company to do the right thing. another interesting thing in this filing was, they have to show what purchases they've made and they made three big purchases right before they signed the confidentiality. so, at prices as high as $21.34, something like that. a fair amount of shares. so, they really believe, as recently as that, march 19th or whenever that purchase was, march 15th, that there was upside there, even above that level. macy's now needs to respond. they're in a full-on proxy fight now. they could lose -- they could lose control of the board. >> wow. guy, you were pointing this out, too. >> i mean, the risk out there, like karen -

one was karen mcdougal. you had her first and her last name, her email, i think there was a phone number there. it was actually put up on a screen for the court to see, and then the other information was stephanie clifford, but it didn't say stephanie clifford, all it said was "stormy," and then it had a cell phone number. it is interesting, because i think part of the reason rona graff was brought in to testify was to establish potentially for the defense that the relationship between donald trump and stormy daniels could have been about stormy daniels wanting to become a contestant on "the celebrity apprentice," that she wanted something from him. because she came to trump tower in 2007, she has written about it in her book called "full disclosure," they had a meeting, and the allegation that was left for the defense by the jury is that she was there angling to get a slot or a celebrity spot on that show, "celebrity apprentice." >> interesting. kristy, you had taught blanche to explain somewhat awkwardly t

trump's candidacy that somehow if karen did this deal, karen mcdougal did this deal with ami, that it would help donald trump's candidacy candidate acknowledgment of what he said was a joke. but if you get underscore is kind of the entire build to that moment, making very clear as policy, we talked constantly about, you mentioned the earlier text messages, extraordinary to go inside one of these deals looks like give me $1 million, give me a column, wants to rectify the career, but doesn't want anything to become public, doesn't want to be in this consulted magazine. >> things for it in normal person, i imagined the jury are extraordinary to actually see play out but getting back to what the core of prosecutor, what prosecutors have alleged and what they're trying to prove. that not only is this falsification of business records, but it is elevated to that in order to try and go after the felony charges that they've put on the board here, right. >> and and you know, it is interesting to the jury themselves, they're watching one of the things in the room. it's a small room, right? and

we are in the middle of a wonderful conversation with karen and rabbi julie. welcome back. we were talking as we ended the last segment about this notion that this work for a lot of people in the jewish community like people of every faith community, is actually something that animates their religious identity. in this case, jewish identity. i wonder if you could talk a little bit about that aspect of the work. >> i think a lot of people really relate to the aspect of social action and social justice. data for them is their expression of judaism. it is kind of a fun place because we have so many different and unique organizations. so many niches that people can go into to express their jewish values. in this kind of work , mobilizing the community and working on issues you care about deeply is something that will really bring people in where perhaps other parts of the jewish community they don't necessarily find a home. >> would you say that is true from the jewish relations community council perspective. whether you are jewish bicolor, jewish and the sex -- secular view, i

whether they were watching karen mcdougal.was very very concerned about it. >> so i said a moment ago, and andrew weissmann points this out. the 24 million was regarding stormy daniels, not karen mcdougal, but this was george conway telling, you know, this network that he was at a dinner where he heard donald trump talking about this. could he end up testifying? i mean, is this an opening for the d.a. to call george conway? >> you know, i don't think so. what i would say is it's consistent with, you know, that he's reacting to this, but it's not really corroborative of exactly what david pecker is saying because, you know, david pecker has a direct conversation with donald trump, and as vaughn correctly said, it's important for both what it is, and it's also important because as the piece that vaughn has alluded to, which is donald trump then saying he doesn't know anything about it, you can be sure the d.a. is going to play that so that you have that sort of, you know, there's nothing better for mental to prove mens rea, the

talking about our girl karen. >> our girl karen and the way he says our girl karen speaks to the ideat he has actually has a relationship with her and this is an alleged ten-month relationship and i did think it was -- you know, and the david pecker stories of new york of old, right. like i mean, ron emanuel and ron perelman. i mean these are people, these are new york people. he sort of served as a kind of press secretary for new york people and he would somehow pump these gossipy tabloid stories into the magazine. what i think is the most interesting is that we saw they had -- they showed some of the stories that the "national enquirer" ran against ted cruz and marco rubio and they were so crazy. >> crazy. >> a lot of them based on almost nothing, right, like the ted cruz -- that dad was somehow a killer. i mean the zodiac killer. completely crazy. what's so like almost tragic to me is ted cruz is now so on team trump -- >> so is rubio. >> right. neither have said anything about the fact that they were set up in this primary. >> right. ted, marco, our lines are open. i want to do tw

who it a love affair with karen mcdougal.michael cohen who did this personally. >> he department benefit at all. i'm trying to pick up on the common sense thing. >> let me just say a cohen point right now, both sides the defense has take a call of calling him cohen instead of the first name and trying to dirty him up in a sort of opportunity toir way. even the prosecution has put in a few things about he's a challenging kind of client for that bank guy. pecker thinks he exaggerates. so the jury, i'm sure, is very curious to see this guy. and i think the da's main task, they have laid the tracks well, but they know that cohen is coming. their main task is between hicks, between pecker, and then the paperwork is to corroborate every single hole so at the end of the day, they can get up and say, look, michael cohen, first of all, you can believe him for these reasons, but even if you don't, every single piece. but i bet back in the jury room, there's a lot of questioning of who is this cohen guy going to turn out to be. >> do yo

she, karen mcdougal was illegitimate celebrity at that time, right? pecker, let me say this. did she meet the celebrity category at that time? no. there were reportedly audible chuckles in the courtroom after that happened. it was not what you would call a highlight moment for the defense. in fact, to be honest from my perspective almost none of it so far has seen all that great for donald trump. maybe you don't need a compelling narrative when the job is to get jurors to believe in reasonable doubt or maybe this is what is happening when you work with an impossible client and do a better job. what does a competent defense strategy look like in this trial? is it turns out, joining me now is andrew wiseman, and anna bello, a pleasure to have you both onset. first of all, i am totally honest about all of this. i will just say, andrew, from what i have seen, i think anybody who is even casually watching this understands the story the prosecution is trying to tell. it seems like a scattershot series of defense maneuvers on the other side, though, and i wonder from your perspectiv

one of them especially carol, karen. karen? yeah. they had two different addresses for her, so he obviously been following her for some time with stormy. it was just a single number. >> just a single number? yeah. did he seem warm looking at rona that there was some sort of a care absolutely absolutely. >> i don't think he felt like she was betraying him. i think that he's not denying that he had any contact with these people at all i don't think that's the issue. i think it's much more complicated legal stuff. >> right. you know, christine, thank you very much. >> and thank you for sharing this moment. it's worth emphasizing is i didn't i didn't notice it until you mentioned the omission that the judge was not there. this wasn't a sort of do this in this incident with the judge that it was such a personal no. in fact, when i came in and i saw that and i was watching, i was afraid i was going to miss it if i tried to start to draw. so i just picked up my binoculars and just watched so i would have it in your mind? yeah. i thought abo

karen is a nice girl, by the way, just to interrupt here. david pecker confirming than in 2015 and 2016, michael cohen was always clear that he was trump's personal attorney. he was not working for the campaign. we'll see how significant that is anyway. >> so pecker says trump gets on the phone with them, says i spoke to michael, karen's a nice girl, pecker testifies. >> i believe that when mr. trump said that she was a nice girl, i believe that he knew who she was. the prosecutor asked pecker why he told trump they should by the story, to suppress it. pecker says, i believe the story was true pecker recalls cohen told him about paying for the story, saying the boss will take care of it, pecker clarifies the boss. was donald trump just now in court, trump's attorney asked pecker to confirm his prior testimony that cohen was always angling for something for himself, but in any case, that's what you were talking about. the compactly conversation that comes i didn't know you had the graphic. i'm glad you did, but that conversation donald trump

karen?this in awhile i mean, they always do a great job, but it trades at a little bit of a premium to market multiple not crazy. i guess i just feel like if inflation abates -- inflation was helpful to them. they could raise prices more than prices went up. so, i feel like we're on the other end of that, so -- no position here. >> okay. >>> coming up, less than 24 hours until meta's first quarter report we'll take a deep dive into the option pits to see how the traders are positioned just ahead of the print. >>> and here's a sneak peek at the cramer cam jim is chatting with the ceo of nucor. catch that full interview at the top of the hour on "mad money. but we've got a lot remo "fast" coming up in two minutes she runs and plays like a puppy again. his #2s are perfect! he's a brand new dog, all in less than a year. when people switch their dog's food from kibble to the farmer's dog, they often say that it feels like magic. but there's no magic involved. (dog bark) it's simply fresh meat and

you've said it this week, karen. q-1 is baked in the cake, and we know that estimates usually come down into the quarter and companies have a higher beat rate and if the banks, at least the money center banks, like, the visibility or the tone is similar across some of these other sectors that have been leading the way, technology would be a big one. if there is any lack of visibility in some of the biggest leaders in technology, i think the s&p is going to quickly from being down 4% to down 10%. but in my mind, that's probably a good thicng, if you think about. maybe estimates don't come down too much in the year in the face of higher oil, higher dollar, higher yields, these are all headwinds to corporate earnings. if you think about a lot of 2023, the ability for companies to pass through, you know what i mean, some of these price increases to customers, that gets harder and harder. so me, earnings visibility is going to be the most important thing and it will determine if we finally have a 10% drawdown. we had one

david pecker said what they were talking about was karen mcdougal.ld trump asked how she is. and david pecker said she's fine. she's quiet. >> yeah. talk about the david pecker/trump relationship. because when i was in court, i got the sense he reveres him. today he said he still considers him a friend. >> a friend and mentor. >> and mentor. >> and there's these interactions i keep watching in court as david pecker sort of exits through this trap door in the middle of the courtroom, he goes past where donald trump is sitting, and there's been some interactions where they have acknowledged each other and smiled together. it was a very close friendship, and it was a friendship -- >> and symbiotic. >> favors both ways. something i'm sort of really interested in here, and i was hoping we would get to today. at that dinner as has been reported there were discussions at the dinner at the white house about facilitating, helping to facilitate david pecker with deals with the saudis. >> pardon? >> he went on to fly to riyadh, and there were discussions about

narrator: to jog wendy's memory, karen taylor showed her an fbi manual of facial types. to introduce the reference feature pictures so she could further refine each feature for me -- the eyes, the nose, the mouth, the hairstyle, and the glasses shape she described. once she was into it, she was into it, and she kept -- and this sometimes happens. the memory is refreshed, and the detail just keeps coming. and that happened with her. it's amazing how well we were able to communicate, even though she couldn't speak. narrator: despite the pain wendy was in and the trauma from what she'd just gone through, she and karen worked together for hours. i just remember her nodding and nodding and being so pleased. i let her decide when we were done, when it was as accurate as we could get it. and she was happy, i was happy. that's how we finished it. narrator: this was the final sketch. just one hour after it was released to the media, a prison guard called police. he said he was sure it was an inmate once housed at one of the local prisons. the inmate's name? daniel lee corwin. mer

how karen was doing currently dealing karen? >> yes. referring to karen mcdougal and pecker said, she's quiet things are things are fine, but this just gives you a window into the president's thinking he's in the white house the karen mcdougal story has already been out there. and he's inviting pecker to say, thank you for being my friend. and still is asking about karen mcdougal and i like that as a prosecutor because these details matter the jury is going to remember, i'll give you two examples. one, the journey now knows that david pecker was there in trump tower, the day donald trump announced his candidacy, they're going to remember that. and now they know that he gets invited to the white house and if you're prosecutor saying the reason david pecker was helping donald trump, that was political campaign related. well, you think about the campaign announcement, the white house, these specifics tend to stick and jurors minds honore, what do you think? >> i think it's interesting that it's we're trying to view this all through

karen mcdougal is a playboy. i'm ready for him to say, okay, this is what night -- i need your help with. he said, they made a decision to pay her under $150,000 and the story will never see the light of day. i am sitting there going, and what world would we not run that story? what is actually going on? what am i a part of year? it was a moment where i was like, this will end my career. >> i want to show you keith davidson describing these interactions with david pecker . >> she believed they were not fulfilling the terms of the deal and she was upset and we scheduled a meeting with ami, who we met with -- they met with david pecker, who is an incredible man. there were even further promises that were made to her at that meeting, so the situation became worse, not better, and that was really a great source of frustration for everyone involved on our side. >> what we know now, what david pecker allegedly admitted to when prosecutors were talking with michael cohen to protect the president, there was a phrase he u

they beat top line, they have better beer numbers. >> karen?e head into bank earnings tomorrow, i think you want to be long the xlf and short the kre. >> stephen? >> analog devices. adi. just on technicals, but i think it's the fundamental story. >> is he in trouble, by the way? >> i know, i stephen-ed you and i'm going to guy christopher that one over there. >> oh. >> jason playing some tremendous tunes. by the way, scarsdale high school, all three in the scarsdale hall of fame. >> scarsdale, new york, by the way. >> spr, melms. still goes higher from here. >> thank you for watching "fast money." see you back here tomorrow at 5:00 for more at 5:00. meantime, do not go anywhere. "mad money" with jim cramer starts right now. >>> my mission is simple. to make you money. i'm here to elf will the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make

there's the one with karen mcdougal. and karen, there's also the one with stormy daniels. so these are bad acts that they're allowing alleged bad acts that they're allowed to bring in the prosecutor. yeah. well, this is this is the case. this is the meat of the case. so these are the charged conduct. interestingly, one of the things that matt colangelo's the de making the opening right now said which is david is a coconspirator of donald trump, not he acted as is coconspirator, not his publisher. so what he was saying is that's the conspiracy that meeting that happened in august of 2015 when they got together and they agreed they formed a conspiracy where they all got together and had an agreement that they were going to catch and kill these negative. >> and the first one according to the prosecutor, was this $30,000 payment to former doorman of trump tower, who alleged that trump had fathered a child outside of his marriage. there doesn't appear to be anything to that story at least now that we've seen no evidence that it's a real story, but the payment was made either wa

but if you look at karen mcdougal's, hers is far more details. it had two addresses for him, an email address, and a cell phone. and notably, it has her first and last name. this is not a person donald trump didn't know. and rhona graff also testified, look, trump doesn't use email. we all know that. i set up his outlook contacts for him, basically, i was maintaining his electronic rolodex. these aren't my contacts. they're for him. the other thing she did is she's eminently credible. she didn't give prosecutors some of the admissions they wanted. they were trying to establish trump had a business reason to have stormy in his rolodex, in particular, he was looking at her as a plausible candidate for the celebrity apprentice. she wouldn't necessarily go there. she said yeah, i have a vague recollection based on some office chatter that she was talked about as an interesting candidate. but never did she say i heard it directly from trump. i overheard trump talking about her. rather, she saw her once in the reception area of the business offices at

when i talked first about the agreement with karen mcdougal and ami. on cross, there is an attempt to say, well, lawyers negotiated this, even in the opening, this was blessed by lawyers. to give the jury the impression that lawyers said this is okay so donald trump must've thought it was okay. by the way, an objection that got sustained because you can't make that argument. he has no advice of counsel or presence of counsel. >> ruled out in pretrial motions. >>. now you have this agreement. the agreement, the word campaign doesn't show up once, right ? this agreement with karen mcdougal is for promotional opportunities, for her to be on the cover of the magazine, for her to go straight articles. and, he never on redirect, it was so effective from the state because they are like campaign doesn't come up anywhere. when you talked to your attorney, ami general counsel, you never mentioned michael cohen, you never mentioned the campaign, you never mentioned you were trying to help once the election. there's not but, this looks like a standard agreement fo

there is a chance that karen mcdougal could take the stand here.o you have been watching all of this, katie, what are your thoughts? at this point. to go i am of course always looking at the political side of all of this. there was an interesting poll that came out yesterday saying even if trump were convicted in the specific case, 62% of people say it would not affect their vote. 15% of people say that it would encourage them to vote for him if he were to be convicted. than about 20% of people that say invite and encourage them not to vote for him. so while we are all watching this the american people are paying attention to this very specific case. a lot of people have argued that president trump is going to be able on the campaign trail as he has to say i am a victim of this but i think the broader argument as he could say democrats are using the justice system to go after their political opponents by all of the analysis we have heard by our excellent legal analyst so far in this case, they don't yet have evidence trump knew about these payments

he couldn't understand why i said karen had a two-year agreement. she was flooded with requests from the press for interviews and i amended her agreement at that time, trump said, well, then you paid her. i said yes, i paid her an amended the agreement. he was very upset. he couldn't understand why i did it. in quote, i just want to play what karen mcdougal actually said during the interview or not, we don't have it why would he have why would he have amended? >> i don't understand why would david pecker have amended that agreement with karen mcdougal? >> it's not, clear to me either. i mean, the he had an independent business relationship with karen mcdougal. she was a columnist for one of his outdoor fitness magazines he i don't know why he wanted to do that, and obviously, trump did know why either and he was and you sent me off donald trump. what's up and down that well, it's not the first time. >> what i think is also significant about these passages is that it shows direct contact between david pecker and donald trump and a lot of pecker's tes

long time executive assistant taking the graff also testified she entered contact information for karen mcdougal, a former "playboy" model who claims she had a year-long affair with trump. that she typed in two addresses, a cellphone number and an email address. >> she was hired by the trump organization in 1987. >> reporter: becoming a familiar face to tv audiences on "the apprentice" as the ever president outside his office. and today's personal assistant walking with a cane entered the man hat encourtroom passing her old boss. trump dropping his head when her name was called. her testimony was brief. all the years of record keeping, packing a punch. she kept trump's calendar and contacts and she entered information for porn star stormy daniels including her mobile phone number. and there was nor. of she testified she had a vague recollection of seeing daniels in trump tower in the reception area on the 26th floor. trump denies he had an affair with daniels. but prosecutors say she was p $130,000 to keep quiet before the election and trump falsified business records to cover it up. sh

but on the stand he revealed the president did not want to buy karen mcdougal's story telling him not to purchase it saying such scandalous stories always get out anyway and pecker said he never dealt with president trump on it directly but with his lawyer, michael cohen, when negotiating with mcdougall. pecker said he asked about lots of stories about celebrities including quashing an alleged affair of arnold schwarzenegger, tiger woods, and emmanuel ran mia among others. so when mcdougall came knocking to be paid to pecker said it was another routine celebrity sex scandal that happened to touch on his pal donald trump. we also got a preview of the trump defense strategy to attack the credibility of his former close aide and lawyer michael cohen expected to be there prosecution's star witness in a couple of weeks. trump's lawyer asked pecker all about michael cohen suggesting he is "prone to exaggeration" and he said you cannot trust anything michael cohen says as he raised that issue prosecutors objected to that. so far there has been no direct evidence the former president was actu

alone, with the hotel animator, now they live with us, don’t believe the reviews on the internet, karenyou don’t have to come up with something, it’s enough to see, remember and tell our viewers, meet, eh , stage, alexey shcheglov! i listened to our songs on the radio today, and i came to the conclusion that almost all of our songs are about love, it’s as if people don’t care about anything else besides love, but i think that songs should be modern, topical, they should reflect pressing issues problems of people, well, for example, you all know this song very well, call me, call me, yes, what is this song about, a woman is waiting for a call from a man, she is suffering, well, what problems, just call him yourself, it seems to me that in our time this song can be sung a little differently, like this, call me wife, i’m going shopping now, i urgently need a handbag, a fur coat, a skirt, a dress, a top, and i also want to go on a cruise. there are two tickets to the ball, give me money for all this, i answered my wife, there is no money, but you hold on, spend the night, i’m going to the e

having karen mcdougal and david and dylan howard on the witness stand explaining the karen mcdougal hush money case, explaining why the national enquirer was catching and killing stories that could be bad for donald trump in the lead up to the presidential election, well, that could really help illustrate trump's intent in a very similar case, the stormy daniels case. to that end, also on the potential witness list is keith davidson. davidson was the attorney for both karen mcdougal as she negotiated her payment from the national enquirer and he was the attorney for stormy daniels, as she negotiated her payment to stay quiet. i am sure mr. davidson has plenty to say about what he believes motivated the silencing of his two clients' stories. if you recall, the reason d.a. bragg has to prove the why here is because the way he structured the charges against trump here is not just one singular crime. bragg has charged trump with a misdemeanor, the falsifying of business records, but bragg elevated that charge to a felony by alleging trump falsified those business records in service of commit

trump later asked pecker how is karen doing?ll, she is quiet, she is good. there are also some arguments about what evidence will be allowed into the testimony. we are following this minute-by-minute, john. we will let you know the latest development and send it back to you. >> john: how long is pecker expected to be on the sand expect all day. >> he is expected to be on the stand for the rest of the day. he is still under direct examination right now, john. the defense has not had their opportunity with him either, but earlier the d.a.'s office and they have several hours remaining which that note came at 11 in the morning or so. they said they had three or four more hours left so i would imagine for the remainder or at least a good portion of this afternoon session that pecker will continue to be answering questions under direct examination. >> john: nate foy outside the court on the latest, thank you. >> sandra: that testimony is ongoing outside the courtroom we will take a quick break and be right back. is he? claritin clear

karen mcdougle alleged a ten month affair with him. and what you get from david pecker's testimony in the middle of this karen mcdougle story here is the extent to which pecker was intimately involved with not only trump, but also michael cohen. saying and testifying today that he would have multiple conversations with him a week. sometimes when things were intense like around the mcdougle story, daily. i want to let everybody look at a part of the exchange that our team inside was able to transcribe where david pecker talked about encrypted messages sent back and forth between him and michael cohn which would suggest that perhaps not all the evidence that could be out there will ever make its way into the courtroom because it was encrypted. david pecker says that michael cohn said we should not speak over land line. we should use signal. quote, i didn't know what it was. david pecker continued it was an encrypted app by michael cohn. there's no way to trace or paper trail and the conversation is destroyed after the call to which pecke

and karen had to do what happens and will happen tonight in the nfl draft. you adjust on the fly, you try to trade up, maybe someone takes one of your picks, and i thought they did a great job. i mean, karen, we know, loves meta we know this is a company that on some weakness she would be buying more, so, that's what they did she's up 1% in the afterhours. in drafts of draftkings, instead of wbd, there are many people that thought that warner brothers is going lower and lower and lower. it's certainly been a broken stock, a broken company. kenny "the jet," i thought he did a great job today. he made a lot of sense he's betting where his career is, i mean, at the end of the day, this is a guy that's on tnt, doing a great job there >> he picked warner brothers >> so, i'm not surprised, but it was a little bit of gamesmanship, and i don't know whether he snuck in late into the contest so he could actually, you know, edge her out, we'll have to figure this out. there might be some controversial behind the scenes here >> a lot of allegations of wrongdoing and bei