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Super Bowl champ pleads guilty to insider trading charges, faces 25 years in prison
NY Post ^
| 9-7-18
| unattributed
Posted on 09/08/2018 6:27:16 PM PDT by dynachrome
Former Cleveland Browns linebacker Mychal Kendricks pleaded guilty to insider trading charges on Thursday, and faces up to 25 years in prison.
U.S. District Judge Gene E.K. Pratter asked Kendricks why he was pleading guilty.
“I’m making the decision because it’s the right thing to do,” he said, according to the Philadelphia Inquirer. “I know that I made the decision to accept information, secret information, and it wasn’t the right thing to do.”
Sentencing is scheduled for Dec. 18.
(Excerpt) Read more at nypost.com ...
TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: browns; clevelandbrowns; football; insidertrading; mychalkendricks; nfl
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Well, not the usual thuggery from nfl players.
To: dynachrome
Serves him right for spelling his name funny.
2
posted on
09/08/2018 6:30:26 PM PDT
by
Artemis Webb
(Maxine Waters for House Minority Leader!!)
To: dynachrome
He should run for Congress. They all do it.
3
posted on
09/08/2018 6:33:33 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: dynachrome
Too bad he’s not in the Congress. Then it would be legal.
4
posted on
09/08/2018 6:34:13 PM PDT
by
MichaelCorleone
(Jesus Christ is not a religion. He's the Truth.)
To: dynachrome
But Hillery, Obama, and the rest go free.
5
posted on
09/08/2018 6:34:25 PM PDT
by
stockpirate
(TYRANNY IS THY NAME REBELLION IS OUR ANSWER. HANG THEM ALL!)
To: dynachrome
He’s hoping they’ll be lenient if he shows remorse. That wouldn’t have worked for Manafort.
To: MichaelCorleone
Yup. But, of course, our reps are very honest about this.
7
posted on
09/08/2018 6:37:01 PM PDT
by
dynachrome
(When an empire dies, you are left with vast monuments in front of which peasants squat to defecate)
To: SkyPilot
Right. This two tier justice system is wearing thin on me. I don’t know if I convict anyone in good conscience if they call me for jury duty.
To: dynachrome
Not often you see “Super Bowl Champ” and “Cleveland Browns” in the same descriptors.
9
posted on
09/08/2018 7:00:37 PM PDT
by
Teacher317
(We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
Comment #10 Removed by Moderator
To: Karl Spooner
“Right. This two tier justice system is wearing thin on me. I don’t know if I convict anyone in good conscience if they call me for jury duty.”
No kidding. Short of murder, rape, armed robbery, child or animal abuse the government can go to hell with there laws as long as political elites skate.
11
posted on
09/08/2018 7:04:40 PM PDT
by
Bonemaker
(invictus maneo)
To: dynachrome
Quarter of a Century in prison for Insider Trading?
To: Teacher317
Hey the Browns had a “perfect” season last year
13
posted on
09/08/2018 7:17:57 PM PDT
by
MadLibDisease
(Proudly residing in Dar-al-Harb since 1959)
To: HapaxLegamenon
Seems more than a little extreme, for sure. A fine equivalent to what he made from an insider trade versus a random investor times some multiplier would seem more appropriate.
But talk to me about appropriate when Hank Paulson and the REAL insider traders who engineered the 2008 market crash spend a day in jail.
14
posted on
09/08/2018 7:31:42 PM PDT
by
Vigilanteman
(ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
To: Karl Spooner
15
posted on
09/08/2018 7:35:57 PM PDT
by
tomkat
To: MichaelCorleone
Insider trading is not a crime.
To: HapaxLegamenon
Yeah, he should have just set up a felonious email server, done some pay-for-play for the Russians and win the Democratic nomination for President.
Nobody would find anything wrong with that. Well, Democrats, that is.
17
posted on
09/08/2018 7:48:30 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: TexasGator
Securities Act of 1933?
The Securities Exchange Act of 1934?
The Insider Trading Sanctions Act of 1984?
The Insider Trading and Securities Fraud Enforcement Act of 1988?
SEC v. Texas Gulf Sulphur Co?
Dirks v. Securities and Exchange Commission?
United States v. Carpenter (1986)?
SEC Rule 10b5-1?
Bueller? Bueller?
18
posted on
09/08/2018 7:48:38 PM PDT
by
Teacher317
(We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
To: dynachrome
19
posted on
09/08/2018 7:52:37 PM PDT
by
AU72
To: dynachrome
A) meanwhile genuine thugs get virtually no time in jail and are lucky to get 3 games suspended.
B) LOLleading it off with “Browns” after headlining “SB champ”
C). Just because they play pro ball doesn’t make them “stars” or even “champs”, nor does winning the SB in a team effort
20
posted on
09/08/2018 7:55:26 PM PDT
by
the OlLine Rebel
(Common sense is an uncommon virtue./Federal-run medical care is as good as state-run DMVs.)
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