Posted on 08/08/2018 6:48:05 AM PDT by navysealdad
U.S. prosecutors on Wednesday said Christopher Collins, a Republican congressman from New York, has been indicted for insider trading in connection with the securities of Australian biotechnology company Innate Immunotherapeutics Ltd. The indictment also charged Collins’ son, Cameron Collins, as well as Stephen Zarsky, the father of Cameron Collins’ fiancee.
(Excerpt) Read more at reuters.com ...
Good. Crony capitalism is wrong and should be rejected in all it’s forms.
Just because he’s GOP doesn’t mean he should get a pass on ethics.
Now, had he been a Democrat New York Senator...
Big difference between Republican and Democrat crooked politicians is the Republicans always get caught.
We seem to be particularly adept at shooting ourselves in the foot.
Insider trading??? Isn’t that what Congressholes do all day?
Didn’t Congress specifically EXEMPT itself from insider trading laws?
Only Conservative voices get banned from social media and only Conservatives get arrested. Anybody shocked?
NY’s 27th District, upstate in the Northwest quadrant.
Western New York near Lake Erie.
So when will Hillary Clinton be surrendering to the FBI for selling 20 percent of the nation’s uranium to the Russians, for destroying her hard drive which they supposedly “sought”, for getting rid of 30,000 emails that she alone “judged” to be irrelevant?
Insider trading is OK in Congress ,they repealed the Law banning it an few weeks after they passed a Law making it Illegal ,LOL
When I saw New York the first thing that popped into my head was “no way” as any politician from NY has to be a democrap and therefore above the law, but then I saw he was Republican. Whoops! Wrong party to belong to if your’re going to be breaking the law pal.
I thought it was legal (truly) for congress critters to engage in insider trading.
Pass on ethics? Why not since Dems clearly can commit a whole basket of crimes without the slightest repercussions. (And yes, I used basket deliberately since I’m a proud member of the basket of Deplorables.)
Good, but...
I thought that Congress was exempt from insider trading, but perhaps that only applies to Congressional inside info.
I’m remembering that the main thing MA Senator for a day Scott Brown accomplished was a bill which outlawed Congress-persons from trading on information they got through their positions (upcoming laws, expenditures, etc). And, further, that that law was quietly reversed a short time later.
I agree. But I thought members of Crookgress were exempt from that law — not that they should be.
Ah, it was recently overhauled by Obama in 2012. He’s the first enforcement of the new law (2017).
Drain the swamp.
I agree. Let’s remember, though, you can indict a “ham sandwich”.
I would not be surprised at all if this is a political (vs criminal) prosecution.
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