Corp Constituency - Trevor Potter

  • Aired:  05/11/11
  •  | Views: 46,049

Trevor Potter drafts a letter for a media exemption so Stephen can talk about his super PAC. (4:40)

THIS!

HERE TO HELP ME UNDERSTAND THIS

IS THE FORMER CHAIRMAN OF THE

FEDERAL ELECTION COMMISSION,

GENERAL COUNCIL FOR THE McCAIN

08 CAMPAIGN AND MY PERSONAL

LAWYER TREVOR POTTER.

THANK YOU SO MUCH, TREVOR.

[CHEERS AND APPLAUSE]

TREVOR, I CANNOT BELIEVE THIS

LETTER.

LAWYERS ARE SUCH (bleep)

PRESENT COMPANY ACCEPTED, OF

COURSE.

[LAUGHTER]

DO YOU UNDERSTAND WHAT THEY ARE

SAYING IN HERE?

WHAT ARE THEY REALLY SAY

SOMETHING IN.

>> THEY ARE NERVOUS ABOUT WHAT

YOU ARE TRYING TO DO BECAUSE

IT'S SLIGHTLY DIFFERENT THAN

WHAT OTHER PEOPLE HAVE DONE

BEFORE.

THEY ARE NERVOUS THAT VIE VIACOM

WOULD MAKE AN ILLEGAL CORPORATE

CONTRIBUTION TO YOUR PAC.

>> THEY ARE ALLOWED.

CORPORATIONS CAN GIVE ME MONEY.

WHY WOULDN'T THEY WANT TO GIVE

ME ALL THAT SWEET, SWEET MONEY.

>> THEY SAY THAT IF IT'S COUNTED

AS A CONTRIBUTION THEY WOULD

HAVE TO SHOW IT ON THE REPORT.

THERE MIGHT BE AN COMPLAINT OR

INVESTIGATION ABOUT WHETHER THEY

SHOWED ENOUGH AND THEY WOULD

HAVE TOP TURN OVER INTERNAL

BOOKKEEPING AND POTENTIALLY

REVEAL VIACOM SECRETS.

>> LUKE HOW THEY KEEP SUMNER

REDSTONE ALIVE?

I DON'T UNDERSTAND.

WHAT DO WE HAVE TO DISCLOSE THAT

WOULD MAKE THEM UPSET.

>> THEY ARE WORRIED ABOUT HOW

YOU WOULD VALUE THE SHOW, THE

AIRTIME, THE PRODUCTION COSTS.

>> THERE ARE NONE.

I AM THE ONLY ONE THAT GETS PAID

AROUND HERE.

THESE PEOPLE ARE INTERNS.

WHY IS IT SO COMPLICATED TO DO

THIS.

THIS IS PAGE AFTER PAGE.

ALL I'M TRYING TO DO IS EFFECT

THE 2012 ELECTIONS.

IT'S NOT LIKE I'M TRYING TO

INSTALL iTUNES.

HOW DO THE GUYS ON THE FOLLOW.

GET AWAY WITH IT?

>> THEY ARE COVERED BY THE

FAMOUS MEDIA SCPENGS.

>> Stephen: WHAT IS THAT?

>> THE MEDIA EXEMPTION SAYS IF

YOU ARE A BROADCAST STATION AND

YOU ARE NOT OWNED BY A CANDIDATE

OR PARTY.

>> Stephen: I'M NOT.

>> YOU ARE REPORTING THE NEWS

YOU ARE EXEMPT, YOU ARE NOT

MAKING A CORPORATE CONTRIBUTION

WHEN YOU TALK ABOUT CANDIDATES

AND POLITICS.

>> Stephen: YOU COULDN'T TALK

ABOUT MY PAC BUT IF I REPORTED

ON MY PAC OR MADE COMMENTARY ON

MY PAC OR DID ANALYSIS OF IT

THEN IT WOULD BE COVERED UNDER

THE NEWS EXEMPTION.

>> YOU GOT IT.

>> Stephen: SO IF I WORE THIS

HAT THE WHOLE TIME, I'M FREE AND

CLEAR.

WOULD IT HELP IF I TALKED ABOUT

MY PAC IN A TOM BROKAW VOICE

[TOM BROKAW VOICE [THE PAC IS

EFFECTING THE 2012 ELECTION.

SOUND GOOD?

>> SOUNDS GOW>> Stephen: DO I GET THE

THING?

I WANT THE THING EVERYBODY ELSE

HAS?

I WANT THE SHINY CANDY COLORED

MEDIA SKEFPLS.

>> YOU CAN TO THE FEDERAL

ELECTION COMMISSION AND ASKwWih|çóxD FOR

AN ADVISORY OPINION.

>> Stephen: HOW DO I DO THAT?

>> YOUR LAWYERS WOULD DRAFT.

>> Stephen: YOU ARE MY LAWYER.

DO THAT.

>> YOU YOU WOULD ASK ME TO DRAFT

YOU A LETTER.

>> Stephen: TREVOR DRAFT ME A

LETTER.

>> I HAVE DONE THAT.

>> Stephen: THIS IS LIKE ONE

OF THOSE COOKING SHOWS WHERE

THEY HAVE THE CAKE ALREADY

BAKED.

[LAUGHTER]

WE GOT A LETTER ASKING TO GIVE

ME THE MEDIA EXEMPTION AND THEN

I COULD TALK ABOUT MY SUPERPAC

AND DO ANYTHING I WANTED AS LONG

AS I DID IT LIKE NEWS.

>> RIGHT.

>> Stephen: WE GIVE THIS TO

THEM.

HOW LONG DOES IT TAKE?

UP TO 60 DAYS LEGALLY.

THEY COULD DO IT QUICKER.

>> Stephen: IT'S A LONG TIME.

>> IT IS BUT IT'S A GOVERNMENT

AGENCY.

>> Stephen: WHAT HAPPENS IF

THEY SAY NO TO ME.

IF THEY SAY NO, YOU COULD GO

AHEAD WITH YOUR SUPERPAC BUT

YOUR PAC WOULD BE DISCLOSING

VIACOM'S --

>> I WOULD NEED MY RESUME

UPDATED.

WHAT IF THEY SAY YES.

>> YOU ARE FINE.

YOU ARE BULLET PROOF.

>> Stephen: REALLY?

>> YEAH.

>> Stephen: BIN LADEN SHOULD

HAVE APPLIED FOR ONE OF THESE.

[CHEERS AND APPLAUSE]

ALL RIGHT.

LET'S DO IT.

YOU GUYS WANT TO DO IT?

[CHEERS AND APPLAUSE]

ALL RIGHT.

I'LL TELL YOU WHAT, YOU KNOW

WHAT?

YOU CAN ARGUE FOR ME IN FRONT OF

THE FCD -- FEC BUT YOU KNOW WHO

ELSE MIGHT ARGUE TO ME?

MR. LINCOLN.

THAT'S NOT A BRIBE IT'S FREE

SPEECH.

TREVOR POTTER, THANK YOU SO MU

Loading...