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2020-01-18 -Lurid Crime Tales-

Former Rep. Chris Collins sentenced to 2 years in prison for insider trading

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Posted by Besoeker 2020-01-18 01:20|| || Front Page|| [8 views ] Top

#1 Geoff Berman, U.S. attorney for the Southern District of New York, said following the indictment of Collins and his son that the congressman "acted as if the law didn't apply to him."

If the 'bug man' sees one termite during the annual inspection, his report will read that "you have termites."

Posted by Besoeker 2020-01-18 01:33|| 2020-01-18 01:33|| Front Page Top

#2 the New York Republican had boasted about how much money he had made for other members of Congress

Congressional insider trading is yet another example of corruption that is so brazen, so rampant, that it's become boring and accepted in DC. Hedge funders routinely pay money to Congressional staff members for advance knowledge of legislation that can move markets. Kerry is the most notorious insider trader-- see his shenanigans after Hank Paulson's closed-door meeting at the height of the financial crisis in summer of 2008 -- but I wager that most congresscritters of the Uniparty are in on the game. The money is too easy, the sums too big, for them not to play.

There's virtually no press coverage of this at all. Neither does this SEC even bother to investigate it.

Ours is the most corrupt era since the days of the Robber Barons.

Posted by Lex 2020-01-18 01:40|| 2020-01-18 01:40|| Front Page Top

#3 I thought insider trading was legal for Congressmen? (Seriously.)

Posted by Glenmore 2020-01-18 09:22|| 2020-01-18 09:22|| Front Page Top

#4 ^ by act of Congress, probably

Posted by Lex 2020-01-18 09:29|| 2020-01-18 09:29|| Front Page Top

#5 Joe Biden saya *crickets*

Posted by Skidmark 2020-01-18 10:00|| 2020-01-18 10:00|| Front Page Top

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