New York Congressman Chris Collins Is Charged With Insider Trading

It's hilarious! The NY Times has succumbed to TDS. Any possible (news) article must (somehow) be linked to/negatively associated with America's beloved President Trump. The radical left madness will never cease. All rational hope is lost. We give up. The pathetic, cowardly left won the diabolical war of word poison. Now what? Ignored, irrelevant, bankrupt leave zero options? Until then, continue preemptive censorship as usual, I suspect..

This is not a case of "avoiding losses of more than $570,000," as the prosecutors put it. It is a case of stealing more than $570,000 from unnamed members of the public.

Ironically, my congressman, John Culberson, (TX-7) is listed in this article and it is suspicious to me why several powerful officials invested in an obscure Australian stock. The Houston Chronicle has placed a version of this story on its front page this morning with negative coverage of both Culberson and Conaway in particular (including timing). The tentacles of this story could end up impacting votes and seats in my state, including my district which is currently rated a toss-up in a normally safe Republican suburban area. Thank you to federal prosecutors in New York for showing that no one is above the law.

Keep up the great work Mr. Collins. You will make it that much easier for the Republicans to lose the House. It wasn't all that long ago that Congressional members were allowed (unbelievably) to use inside information to their benefit. I suppose that since Trump is not "draining the swamp", it's being left to law enforcement to do that job.

Public employees usually have to file a public or confidential financial disclosure listing investments. In addition, ethics laws prohibit them from participating substantially in decisions that could provide a personal gain to the individual or their families. I guess he missed that part of the ethics training he should have taken.

Our government Is riddled with corruption. The average voter is easily taken in.

So a black man selling illegal cigarettes on the NY streets gets strangled to death, and this guy walks around in his 3-piece without cuffs? Can someone explain to me why? Why don't guys like this get tasered and tackled like other less fortunates?

If I were charged with this not only would I be banned from the industry, Id' be fired and probably jailed. And pay a hefty fine to boot. This selfish man keeps his name on the ballot (no doubt some low lying fruit will vote for him) and smiles for the camera. Martha Stewart did less and paid a whole lot more. A lot more. She was jailed and lost her company all for $27,000.00. It certainly is a man's world isn't it?

The bigger story here is not even mentioned: The timing. Collins appears to be part of the close-knit family of Trump loyalists in New York, and his alleged crimes, though serious, are not out of line with many of his fellow loyalists, some of whom are on trial this week. So, why is he being thrown under the bus now, 90 days before his election? The Boss has a famous temper, this may be another sign of it.

How does a Congressman from Buffalo end up being on the board of an Australian company? How is that in the best interests of his constituents?

This is a classic, basic case of Insider Trading 101. In this case, in order to save his son from serving jail time, Collins will plead guilty to keep his son out of prison, and will get sentenced to 2-3 years. The son, by selling his stock, was doing what his father told him to do, five days before the bad news became public. Even if the son, at 25, didn't know any better, ignorance of the law ( especially in these cases) is no defense. The son will probably end up with some minor sentence of probation. But, one way or the other, Collins will definitely go to jail. His career in Congress is finished.Case closed.

Seeing as how Mr. Collins was one of Donald Trump's earliest supporters, Wednesday night on "The Late Show with Stephen Colbert", the host made a pretty hard joke (and the rightly) of this is the "whitest" of white collar crimes. I thought Colbert was right on point. To dumb it down for the less fortunate, the object of the joke is how white Trump's closest confidantes are. Appropriately, Colbert's guest last night was non other than CNN's senior White House reporter Jim Acosta, who may be the most hated of all the (White House) reporters by President Trump. Of course, I am not counting Kaitlan Collins, who was banned by the Trump White house for asking hard questions. Trump doesn't like having to answer questions which he invariably either (a) lies), or (b), stretches the truth. This is why Mr. Ortega and the rest of the White House pool reporters end up having to fact check Trump's sound bites and (mostly) tweets. It is outrageous this has become the norm.

Matthew Martoma is serving 7 years and lost his multi-million dollar home for doing the same thing. What do you think Mr. Collins sentence will be?

Innocent until proven guilty, yes. But if Collins is found guilty of insider trading, as the saying goes, "what's good for the goose (Martha Stewart) is good for the gander (Chris Collins).

Greed, pure and simple. Neither party has a lock on it, but the GOP has raised it to an art form. I'm surprised Ryan stripped him of his position on the Energy Commitee as Collins was only doing what Trump himself does.

Another wealthy arrogant serpent who believes he has special powers and privileges and who traffics in lies. Trump appears to have a never ending supply evil doers--all career conmen, very much like him, some more polished and better educated even. The "law and order" president? NO. The "chaos" president, just like Jeb Bush predicted. Grateful to our free press, our federal prosecutors, and our ethics officials.

Chris Collins apparently has very poor judgment. He invested too much money into an unproven product, convinced his friends, family and colleagues to do the same, did illegal insider trading, lied about it to authorities, and was an early supporter (and still supports) the amoral “not my president.” He either has no sense of decency or lacks the ability to know right from wrong. Oh, and did I mention he is a representative to the United States Congress.

I don't understand how the congressman and his associates thought they would get away with it. Everyone knows that there is a record of who you call and when you call them. The associates should have known that they would be questioned about their sales and that they wouldn't have a plausible explanation for why they sold the stock when they did.

Golly, but instead of draining, the swamp appears to be silting up nice and proper like. Sarcasm aside this is unseemly. The foxes guard the henhouse and the electorate continues to put them there. He'll be reelected in all likelihood because his supporters would like to think that they can make the big money too and "hey that's how it works." Except if you're Martha Stewart.