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The swamp draining continues...

Chris Collins (Republican and big Trump supporter) has been indicted for insider trading...

I'm sure it's a big misunderstanding and will be sorted out to the relief of all concerned. 🤔
WalksWith · 51-55, F
Apparently there's more connected.


1. Tom Price, who served as Secretary of Health and Human Services. During his confirmation hearings, Price was accused of taking advantage of a special deal on Innate stock only available to a select number of lawmakers at a discount offered by Collins.

2. Rep. John Culberson (R-TX): The Texas Republican claimed he heard about Innate from media reports, but as the Houston Chronicle noted, it’s not clear which. At the time of his purchase, Innate was described as “a tiny pharmaceutical company from Australia that has no approved drugs and no backing from flashy venture capital firms.” The Chronicle pointed out that Culberson’s past investment history does not square with his purchase of biotech stocks and his opponent, a research physician, has wondered what led Culberson to invest, “since at the time he bought it in January there had been no published research articles or significant clinical trial updates on the drug, known as MIS416.”

3. Rep. Mike Conaway (R-TX) is another Texas lawmaker who bought large shares in Innate. He does not appear to have purchased Innate stock at a discount.

4. Rep. Doug Lamborn (R-CO) sat Health Subcommittee of the Committee on Energy and Commerce at the time of his stock purchase, raising a possible conflict of interest, reports the Daily Beast.

https://www.rawstory.com/2018/08/6-republicans-connected-insider-trading-scandal-just-exploded-trump-loving-congressman/
WalksWith · 51-55, F
@HerKing Well....I'm thinking he's feeling pretty flaccid today.
HerKing · 61-69, M
@WalksWith Yeah but it'll be the best most wonderful flaccid in US history. He knows all the best flaccids.
swirlie · 31-35, F
@HerKing

And further to your point, the vast majority of Trump's so-called 'base' are un-employed, un-educated White males. And as you say, "..what else do they have" (except Trump)? When you have nothing going for you, one has nothing to lose if everything one does have is lost on a single roll of the dice with Trump.
HerKing · 61-69, M
It gets better and better...😞

https://www.forbes.com/sites/danalexander/2018/08/06/new-details-about-wilbur-rosss-businesses-point-to-pattern-of-grifting/


A multimillion-dollar lawsuit has been quietly making its way through the New York State court system over the last three years, pitting a private equity manager named David Storper against his former boss:[b] Secretary of Commerce Wilbur Ross. The pair worked side by side for more than a decade, eventually at the firm, WL Ross & Co.—where, Storper later alleged, Ross stole his interests in a private equity fund, transferred them to himself, then tried to cover it up with bogus paperwork. Two weeks ago, just before the start of a trial with $4 million on the line, Ross and Storper agreed to a confidential settlement, whose existence has never been reported and whose terms remain secret.[/b]

It is difficult to imagine the possibility that a man like Ross, who Forbes estimates is worth some $700 million, might steal a few million from one of his business partners. Unless you have heard enough stories about Ross. Two former WL Ross colleagues remember the commerce secretary taking handfuls of Sweet’N Low packets from a nearby restaurant, so he didn’t have to go out and buy some for himself. One says workers at his house in the Hamptons used to call the office, claiming Ross had not paid them for their work. Another two people said Ross once pledged $1 million to a charity, then never paid. A commerce official called the tales “petty nonsense,” and added that Ross does not put sweetener in his coffee.

There are bigger allegations. Over several months, in speaking with 21 people who know Ross, Forbes uncovered a pattern: Many of those who worked directly with him claim that Ross wrongly siphoned or outright stole a few million here and a few million there, huge amounts for most but not necessarily for the commerce secretary. At least if you consider them individually. But all told, these allegations—which sparked lawsuits, reimbursements and an SEC fine—come to more than $120 million. If even half of the accusations are legitimate, the current United States secretary of commerce could rank among the biggest grifters in American history.
Northwest · M
@HerKing Drain the Swamp!
This message was deleted by the author of the main post.
Graylight · 51-55, F
And yet the typical Republican voter response seems to be "Trump didn't do anything wrong," rather than concern that so [i]many[/i] within the administration and in support of the administration seem unable to avoid corruption and scandal. Were it any other club or organization, we'd vociferously demand investigation and accountability, but government seems to exists inside a crystal castle these days.
This message was deleted by the author of the main post.
Graylight · 51-55, F
@eli1601 [image deleted]
windinhishair · 61-69, M
Thoughts and prayers to the Collins family.
Northwest · M
Yes, his attorney said he's going to be defending his good name, and he's done nothing wrong. His best bet at this point, is to have something Mueller wants.

So, he was on the board of an Australian drug company. They failed their clinical trial, and he was briefed about it. He told his son, before the information got out. His son divested himself, avoiding Hundreds of $1,000 in losses. How's he going to polish this turd?
HerKing · 61-69, M
@Northwest [quote]How's he going to polish this turd?[/quote]

As Sarah the Liar Whore said about Trump and jr, which father wouldn't protect his son? Well? It's not a crime...

Well in this case it technically is..
BaasMan · M
Fuck Collins. About time I says.
swirlie · 31-35, F
Ironically, it's not Trump who is draining the swamp!
This message was deleted by the author of the main post.
Graylight · 51-55, F
@eli1601 [image deleted]

 
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