A prior statement is exempt from the federal hearsay rule and is admissible to prove the truth of the matter asserted by the declarant with the prior statement if the prior statement was made under oath in another proceeding and if the prior statement is inconsistent with the declararant's testimony or with the admitted hearsay statement of the declarant.

Cf. United States v. Hunt, 521 F.3d 636, 643 (6th Cir. 2008) (upholding trial court's exclusion of two statements in Noble's affidavit because the statements were not admissible under the residual hearsay exception as they lacked trustworthiness ).A statement is admissible under the hearsay exception created by Federal Rule of Evidence 807 or a comparable State rule only if circumstantial evidence shows that the affected statement is as trustworthy as the statements that are made admissible by the hearsay exceptions created by Federal Rules of Evidence 803 and 804 or by comparable State rules.

Fed. R. Evid. 609(a)(2) (a trial court may admit an old and presumptively inadmissible conviction if the trial court "determines, in the interests of justice, that the probative value....A federal trial court has the discretion to admit a conviction that is presumptively inadmissible under Federal Rule of Evidence 609(a)(2) because of the age of the conviction if the trial court the court determines, in the interests of justice, that the probative value of the conviction supported by specific facts and circumstances substantially outweighs its prejudicial effect.

Union Mutual Life Insurance Co. v. Chrysler Corp., 793 F.2d 1, 8-9 (1st Cir. 1986) (holding, in plaintiff lending company's action against defendants computer leasing company and another lessee company for breach of lease agreement, that the....A statement is imputed to a principal or to an employer and is treated as the principal's or employer's vicarious admission (which, like other admissions is exempt from the hearsay rule) if the principal or employer is a party, the statement is offered against the principal or party, the statement is a statement by the party's agent or employee about a matter within the scope of the agent's agency or the employee's employment, and the statement is made during the principal-agent or employer-employee relationship.