Former Congressman Chris Collins Pleads Guilty To Insider Trading | Velshi & Ruhle | MSNBC


FIRST.>>MICHAEL, GOOD TO TALK TO YOU.>>MICHAEL, GOOD TO TALK TO YOU. THANK YOU FOR JOINING ME AN. THANK YOU FOR JOINING ME AN. A SENIOR FELLOW AT THE CENTER A SENIOR FELLOW AT THE CENTER FOR AMERICAN PROGRESS. FOR AMERICAN PROGRESS.>>>WE HAVE BREAKING NEWS.>>>WE HAVE BREAKING NEWS. MOMENTS AGO, NOW-FORMER MOMENTS AGO, NOW-FORMER CONGRESSMAN CHRIS COLLINS CONGRESSMAN CHRIS COLLINS PLEADED GUILTY IN AN INSIDER PLEADED GUILTY IN AN INSIDER TRADING CASE IN A FEDERAL TRADING CASE IN A FEDERAL COURTROOM IN MANHATTAN. COURTROOM IN MANHATTAN. PLED GUILTY TO ONE COUNT OF PLED GUILTY TO ONE COUNT OF CONSPIRACY TO COMMIT SECURITIES CONSPIRACY TO COMMIT SECURITIES FRAUD AND ONE COUNT OF MAKING FRAUD AND ONE COUNT OF MAKING FALSE STATEMENTS. FALSE STATEMENTS. EACH COUNT COMES WITH A MAXIMUM EACH COUNT COMES WITH A MAXIMUM SENTENCE OF FIVE YEARS PLUS SENTENCE OF FIVE YEARS PLUS THREE YEARS SUPERVISED RELEASE THREE YEARS SUPERVISED RELEASE AND UP TO $250,000 IN FINES. AND UP TO $250,000 IN FINES. THE NEW YORK REPUBLICAN WAS THE NEW YORK REPUBLICAN WAS ACCUSED OF LEAKING CONFIDENTIAL ACCUSED OF LEAKING CONFIDENTIAL INFORMATION ABOUT A INFORMATION ABOUT A BIOPHARMACEUTICAL COMPANY BIOPHARMACEUTICAL COMPANY IMMUNOTHERAPEUTICS LIMITED WHICH IMMUNOTHERAPEUTICS LIMITED WHICH ENABLED HIS SON AND ANOTHER ENABLED HIS SON AND ANOTHER INDIVIDUAL TO AVOID HUNDREDS OF INDIVIDUAL TO AVOID HUNDREDS OF THOUSANDS OF DOLLARS IN STOCK THOUSANDS OF DOLLARS IN STOCK LOSSES. LOSSES. ACCORDING TO COURT DOCUMENTS ACCORDING TO COURT DOCUMENTS COLLINS RECEIVED A TIP FROM THE COLLINS RECEIVED A TIP FROM THE COMPANY’S TOP EXECUTIVE THAT A COMPANY’S TOP EXECUTIVE THAT A NEW DRUG DEVELOPED BY THE NEW DRUG DEVELOPED BY THE COMPANY TURNED OUT TO BE A COMPANY TURNED OUT TO BE A CLINICAL FAILURE. CLINICAL FAILURE. THE VERY NEXT MORNING, COLLINS’ THE VERY NEXT MORNING, COLLINS’ SON, CAMERON, BEGAN SELLING HIS SON, CAMERON, BEGAN SELLING HIS SHARES AHEAD OF THE PUBLIC SHARES AHEAD OF THE PUBLIC ANNOUNCEMENT ABOUT THE DRUG ANNOUNCEMENT ABOUT THE DRUG TRIAL’S FAILURE AND HE SHARED TRIAL’S FAILURE AND HE SHARED THE SAME INFORMATION WITH HIS THE SAME INFORMATION WITH HIS FIANCEE’S FATHER. FIANCEE’S FATHER. THIS NEWS COMES JUST ONE DAY THIS NEWS COMES JUST ONE DAY AFTER COLLINS AANOUNSED ANNOUNCE

100 thoughts on “Former Congressman Chris Collins Pleads Guilty To Insider Trading | Velshi & Ruhle | MSNBC

  1. He plead guilty to insiders trading…and now he will be sent to overnight camping at Club Fed… because after all he has a magic R after his name… Now he is really qualified for office in Trump's camp.

  2. Why won't the Dems or fake news talk about the 120,000 sealed federal indictments?

  3. Commits a crim to avoid losing hundreds of thousands of dollars in fines, fined maximum 250k. Sachlers make billions profiting off an opioid epidemic they created, fined millions of dollars. Why aren't fines calculated as a percentage of a person's wealth? This is ridiculous, wealthy people are never held accountable

  4. Democrats are restoring the rule of law to America. The criminal named Trump can't stop squirming because he and his corrupt enablers in the GOP know this is the end. Trump's impeachment trial will be the funeral for the Republican party.

  5. Just another good ole republi con – the honorable party, the party of values and faith – the party of law and order – yep…that's the party. PS Would the ONE republi con who has decency and honor please stand up…..crickets.

  6. Democrats will fight for their criminal leaders. Republicans don't. Glad they caught C Collins

  7. What's weird is democrats will fight for Republicans as long as they're TRAITORS.

  8. I can’t believe Ari Melber knows som many hip hop lyrics, but just failed at that John Lennon quote

  9. The first member of Congress to endorse Trump. " Takes one to know one " Fellow criminals.

  10. https://www.facebook.com/photo.php?fbid=195218291498417&set=a.101543657532548&type=3&eid=ARDSqU9g4hHceD2xQhRNe4IX_7MuFQDQZwupzvcWHVXzQOyQCoONC4sPLkFeVNtZ9KHkyUjVqCr6yfTk

  11. What? Isn't that the same thing Martha Stewart went in jail for? He'll be out in 3 months with good pottery skills.

  12. Prison might be the safest place for the REPUBLICANS after Trump throws them under the bus !! 😶

  13. We have 3 Republicans who we know are deep state Traitors. We can tell bcuz they voted exactly like Democrats.

  14. BREAKING EXCLUSIVE: Pelosi NECK DEEP in Ukraine – Female Ukrainian Party Girl Connected to Military and Government is Her Legislative Aide!

  15. screw you MSNBC for always using that stupid Chris Hayes clip of him begging for clicks at the end of your videos. It's terrible, and makes me dislike the video.

  16. Another one of Trump's beast people. This emergency election will be good test for Democratic turn out in a red district during the throes of impeachment. So convenient…

  17. Another corrupt Republicon going to jail. The Republicons turned the swamp into a cesspool.

  18. Congress has done that for years but he is the only one that get penalized. Despicable when so many others are guilty also in congress

  19. The Clinton Death Count had a piece about Hillary's cook who was found dead in a lake but he didn't have any water in his lungs.

  20. Oh wow, how many others could they get right now? I guarantee Pelosi made 100M doing the same or similar. Congress doesn't pay that much.

  21. Couldnt happen to a better Republican. There goes another super tRump supporter. The news caught him at the Easter Egg Roll at the WH on the phone trying to hide his insider trading acts. We need to put white collar criminals in prison for much LONGER sentences.

  22. Democrats targeted Chris Collins because he endorsed Trump. Not because he is a criminal

  23. Here is someone that needs to plead guilty, yet she thinks she can make another run for President https://canadafreepress.com/article/hillary-clinton-running-from-justice-for-2020-election-at-the-same-time funny thing is, there are actually idiots out there that would vote for her, not many, but some.

  24. He needs to go to real prison now not special private prison or worse just a fine.

  25. Demons have more corrupted imbeciles and why they don't get prosecuted?… why?. I want to know how they all are millionaires with Congress salary? Hypocrites!

  26. I guess he forgot, you can only commit insider trading while elected to Congress.

  27. I guess he'll get a $250k fine and minimal if any prison time. Privileged people get preferential treatment.
    Disgusting when you have poorer people getting time for stealing to just simply exist!

  28. What amazes me is how stupid his constituent's are. They voted him back in to office even though there was overwhelming evidence against him. Lock 🔒 him up. Now that sounds good.. Wonder if Trump will give him a Pardon..

  29. so… bernie raises 25 million but we're not gonna cover it. instead we'll put something else on. remind me, how many stories did you do on the marginal candidate buttigieg raising 27 million last time?

    can't say I'm surprised though.

  30. Would love to be on MSNBC and share my story. There is so much darkest. I would love to share some light Hi there! I’m a new supporter. I would love to collaborate with you! I love it. Please check out our channel as well. My name is Val and I live with a condition known as Cerebral Palsy. This is not a feel sorry type of story. I have an amazing life with my beautiful husband and three child. We were actually just featured on the channel Born Different. They did an amazing job with on our film. We are a huge voice for people with disabilities. On our channel we share our life with the world and, show them life is possible living with a disability. Thanks again for reading. Hope to see you on our channel

  31. Lets see……………………..he keeps his healthcare for life and government pension

  32. Now Trump can pardon him and give him a position in his cabinet. I think Secretary of State may be opening up soon.

  33. Oh those pesty russian bots and their "familiar" one liners, so transparent…get some new material, earn your paycheck comrades!

  34. I’d like to see him in stocks, like the old days. We can all walk by and haze him…..

  35. Fitting. This guy was the first Congressman to endorse the Criminal-in-Chief. Now he gets hauled off to prison for insider trading

  36. Anyone ever seen a poor politician after leaving office? I’m guessing most are corrupt.

  37. Looks like Mase did it just Republicans his time put a bunch of Democrats in jail mostly all of them

  38. "This is a political smear campaign against me." – Collins in 2018
    "I plead guilty." – Collins in 2019.
    😄😆😅

  39. He will do 6 months and 150 community service and his whole family will still perpetuate this behavior. How to remain rich.

  40. Like a slug leaving a slick trail of slime,
    The Swamp follows Trump all of the time.

  41. Wasn't he the guy who was videotaped on the WH lawn, when he had the phone call with his son?…aka: the guy who committed his crime live in front of the cameras? 😂

  42. white people will say this is insider trading. black people would say this is just a hookup from the homie's lol

  43. All politicians are corrupt and liars. Past thirty years of failed policies to fix nothing.

  44. im guessing almost every person complaining about his sentence was cheering when Kate steinle's murderer went free or when Juicy smollet was not charged or when hillary was not charged if it wasnt for hypocrisy democrats would have nothing

  45. You're actually going to talk about somebody's son without mentioning Hunter? really? REALlY???

  46. "The general population doesn't know what's happening, and it doesn't even know"–Noam Chomsky

  47. So when can we expect the heavily promised and heavily promoted Don Jr White House lawn arrest to be coming? LMAO. You people are delusional idiots.

  48. AMERICA NEEDS TO VOTE OUT ALL THE ESTABLISHMENT SCOUNDRELS, BOTH REPUBLICANS AND DEMOCRATS, WHO ARE BOUGHT BY #MoneyInPolitics, AND BRING INTEGRITY AND MEANING BACK TO #PublicService AND #AmericanDemocracy,

  49. ……and another one bites the dust. Trumps men are all waiting their turn in line. How brave of them. I’ll bet a few more are going to jump ship soon to save their sorry bottoms. Hopefully sooner than later.

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