“He had Cohen on a retainer and asked him to handle it. I would say President Trump did not know the details or the amount. As to payment it was probably all handled through the monthly retainer fees. In fact Trump may not have even written the checks.”
That’s all that Giuliani is saying here. Judging by the reaction on this forum so far, though, it will be easy for the Press to spin this into much more fantastic things.
You are correct. This is a big nothing burger.