GOP congressman busted for insider trading

NY POST ^ | AUGUST 8, 2018 | KAJA WHITEHOUSE

[KeyLargo]

GOP congressman busted for insider trading

By Kaja Whitehouse

August 8, 2018 | 9:54am Upstate NY Congressman Christopher Collins was charged Wednesday with insider trading tied to a company for which he served as a board member.

Collins, a Republican who represents the 27th District of New York, covering the suburbs of Buffalo and Rochester, turned himself in to the FBI on Wednesday and is expected to appear in Manhattan federal court later in the day.

Also charged were his son Cameron Collins, and Stephen Zarsky, the father of Cameron Collins’ fiancée.

[WKUHilltopper]

Really? So where’s the Pelosi investigation? You think this walking ditzy dingbat can make multi-millions because she’s brilliant??

[NohSpinZone]

Dumb, dumb, dumb. Of course, Congress in general is privileged to all kinds of insider info and I think underhanded trading happens way more frequently than we know.

Would love to see FINRA do a closer examination of the friends and families of Congress types and the trades they make.

[marktwain]

I thought Congress had immunity from insider trading?

[PghBaldy]

The Senators and Representatives...shall in all Cases, except Treason, Felony, and Breach of the Peace, be privileged from Arrest during their Attendance at the Session of their respective Houses, and in going to and returning from the same....

ARTICLE I, SECTION 6, CLAUSE 1

[txrefugee]

Strange that Bill and Hill Clinton, Pelosi,Maxine Waters could amass multimillion dollar fortunes while being “public servants.” The only ones charged are Republicans.

[KeyLargo]

A Congressional investigation was started over a year ago.

If he’s wrong then he deserves what he gets. Of course though we all know that their is a double standard.

CNN couldn’t resist in their stories that this fool was the first on Capital Hill to endorse Trump.

Oct 2017

(CNN)The House ethics committee is investigating New York Rep. Chris Collins, the first Republican on Capitol Hill to endorse Donald Trump’s presidential campaign, for potentially violating federal law and House rules regarding insider trading.
The outside, non-partisan Office of Congressional Ethics began a review of Collins’ activity in March and voted to send its findings to the House ethics panel in July, which can formally launch investigations and recommend any sanctions against any lawmaker it determines has broken any rules. The ethics committee announced in the release of the report that it would start a review of Collins.
The report details how Collins met with officials at the National Institutes of Health to discuss the development of a drug made by Innate, a company whose board he served on.

https://www.cnn.com/2017/10/12/politics/chris-collins-investigation-house-ethics-committee/index.html

[babble-on]

what a moron

[babble-on]

relevance?

[donozark]

Remember what happened to Martha Stewart...

[WKUHilltopper]

So where’s the Pewlosi and MARXine Waters investigations? These idiots are lucky to be able to know how to tie a knot...much less understand the stock market.

[bert]

The pawn was sacrificed. The bishops can be taken and when there is whining, point to the lost pawn.

It’s 3D chess. Remember?

[SmokingJoe]

So when is the corrupt DOJ going to bring charges against crooked Hilary, Low IQ Maxine Waters, DiFi and all the criminal Democrats?

[Major Matt Mason]

My congressman. This is the same district that had Chris Lee as a rep, he of the shirtless photo from a few years back. Not a huge fan of Collins since he seems to be more of a RINO, but he did come out in support of Trump early on. He might be guilty of what he is being charged with, but with midterms a few months away, Democrats and their supporters in the government agencies might be mining the same "corrupt Republicans" theme that they used in 2006 to regain control of Congress.

[Justa]

ARTICLE I, SECTION 6, CLAUSE 1....

Pretty sure insider trading is a felony.

[edie1960]

relevance?

Putting yet another GOP CD in jeopardy at this really late stage heading to the Midterms. What upstate NY GOP candidate is ready to step in and hold this seat???

Also, it’s a damn shame that both President Trump’s original House endorser (now Collins) as well as his premiere Senate supporter (the worst Attorney General in U.S. history/Sessions) have totally screwed up!!!

[Jeff Chandler]

Party affiliation mentioned in the first word of the headline.

[Jeff Chandler]

Expect to see a lot of Republicans indicted between now and November.

[WKUHilltopper]

Yeah. Laws are only for the chumps. Not them.

[ScottinVA]

They aholes never learn... they believe they’re the ones who will slide by undetected. That dems who have committed equally heinous crimes aren’t similarly accused is irrelevant. Every GOPer should by now grasp the fact the bar is simply higher for them.