Schadenfreude-licious UPDATED
Okay, so you already know about about Republican Chris Collins being arrested for insider trading with stocks called Innate Immunotherapeutics.
My favorite part was when a CNN legal analyst called it “dumbest insider trading crime” he’d ever seen. I mean, that’s saying something considering that his competition for that title is Martha Stewart.
Now here comes the fun blow back.
Mullins
Oklahoma Republican Rep. Markwayne Mullin, has had the bad news fairy visit his bank account. Mullen’s financial report in January of 2017 said he had between $100,000 and $250,00 in Innate stock, no doubt recommended by his fellow congressman. But, bless his heart. Yesterday, he filed his financial report and, oops, that stock is now worth $1,000 to $15,000.
And it’s not like Mullins didn’t totally deserve something like this happening.
Thanks to Alfredo over at the Dairy Queen for the heads up.
UPDATE. Holy cow, Markwayne is really having a very bad day.
The House Ethics Committee announced Friday that Rep. Markwayne Mullin (R-Okla.) will have to repay $40,000 to his family plumbing business following a roughly five-year investigation.
Damn, I bet he’s glad it’s Friday.
We need a statistician at the Beauty Shop to calculate the odds that so many Republican legislators invested in an unknown obscure stock at about the same time (with tens of thousands of stocks to choose from).
Coincidence?
Luck?
Insider trading?
As Fox News might lead:
1Tonight, coincidence or luck?
We Report
You Decide.
If, however, the human trials had panned out as expected, would we have known about how widely Collins had sewn his conflict of interests?
Too bad.
2So sad…
What, his parents couldn’t decide on his first name?
3More fun coming, when they figure out how much he avoided losing by selling on insider information, triple it, and send him the bill.
Now where’d I put my violin…?
4How can we trust our tax money to politician/businessmen who can’t estimate their assets within 1-5%???
5If I were Collins, I’d watch my back…
6The link mentions Cathy McMorris Rogers (R. – Washington) having an opponent, but has the wrong person listed as of this past Tuesday. In November CMR will face Lisa Brown, D. who has great credentials, platform and doesn’t campaign dirty like CMR.
7https://talkingpointsmemo.com/edblog/chris-collins-big-pump-and-dump
Chart near the bottom of the article gives a timeline of rise and fall of the stock along with when various congresscritters bought shares.
According to a story in the Houston Chronicle, Culberson bought $13,000 worth of shares, and sold them at a loss of $9,000.
Guess no one told Conaway to get out and he really lost his shirt.
So Collins really screwed over his fellow Reps.
8Mrs. W., his parents lost a bet and had to give him that moniker. Cannot figure out why he has never legally changed it or at least broke it apart into two proper names. but then, you have to figure how smart he ain’t.
9A five-year investigation by the House Ethics Committee? And the GOP complains about how long Mueller is taking?
In The Hill article, Mullin asks, “If I don’t fit the bill for a citizen legislator as a plumber, rancher, and someone who had never held a political office before, then who does?” Markwayne of all trades, so to speak …
10@mrswiggins
Markwayne has three brothers: Larrywayne, Darryl, and his other brother Darryl. There isn’t much variety in the mitochondrial DNA in that part of Okie-homa.
11He stole from his own family?
12No, Mullins, you don’t fit the bill, you fit the prison jumpsuit.
He’s a Cherokee AND a Russpublican? The tribe must be so embarrassed. It’s not like the Russpublicans have been real kind to American Indians. This guy has probably never lived on the res or gave a scheit about it, just wants whatever benefits he can get, screw the obligations. Typical Russpublican.
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