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Rep. Chris Collins (Trump's first congressional backer) arrested by FBI on securities fraud-related charges


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https://www.cnbc.com/2018/08/08/gop-congressman-chris-collins-to-be-indicted-on-insider-trading-charge.html

 

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Rep. Chris Collins, R-N.Y., will be indicted by the Justice Department on insider trading charges, federal prosecutors announced Wednesday morning.

 

The indictment relates to "securities of Innate Immunotherapeutics ... an Australian biotechnology company on whose board of directors Christopher Collins served," the DOJ said.

 

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5 minutes ago, b_m_b_m_b_m said:

I'm amazed the effect is so little

 

 

Good thing Dems in NJ nominated a senator who narrowly avoided being convicted of corruption charges, so we can run an anti corruption campaign with credibility

 

Someone running in this district can more easily avoid that. They campaign against the scandal-ridden Republican and scandal-ridden Trump, and they can avoid saying anything good about Menendez.

 

It seems sillier that a possible presidential candidate like Booker stood by him, though.

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14 hours ago, b_m_b_m_b_m said:

I'm amazed the effect is so little

 

 

Good thing Dems in NJ nominated a senator who narrowly avoided being convicted of corruption charges, so we can run an anti corruption campaign with credibility

Isn't NY heavily gerrymandered by the Democrats to make their seats ultra safe (as oppose to maximizing number of blue districts)? Thereby creating super red districts like this. 

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Megan McArdle, who wrote an absolutely nuclear-level take after the Grenfell Tower tragedy in Britain, has decided that the best use of her column space today is to tell her readership that, actually, insider trading is fine and good

 

https://www.washingtonpost.com/blogs/post-partisan/wp/2018/08/09/show-me-the-victims-of-insider-trading-ill-wait/?utm_term=.5188093604a0

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