20、 Obama
B1 Intermediate 6 Folder Collection
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JUST CREEP INTO IOWA BUT CREEP IN THROUGH NEW HAMPSHIRE PRIMARY
IN THROUGH NEW HAMPSHIRE PRIMARY AS WELL.
AS WELL. DAVID.
DAVID. >> FORMER CONGRESSMAN CHRIS
>> FORMER CONGRESSMAN CHRIS COLLINS SENTENCED TO 26 MONTHS
COLLINS SENTENCED TO 26 MONTHS IN FEDERAL PRISON TODAY AFTER
IN FEDERAL PRISON TODAY AFTER PLEADING GUILTY TO AN INSIDER
PLEADING GUILTY TO AN INSIDER TRADING SCHEME.
TRADING SCHEME. TOM WINTER JOINS ME NOW.
TOM WINTER JOINS ME NOW. TOM, TAKE US BACK TO WHERE THIS
TOM, TAKE US BACK TO WHERE THIS BEGAN.
BEGAN. IT WAS ON THE WHITE HOUSE LAWN
IT WAS ON THE WHITE HOUSE LAWN AT A CONGRESSIONAL PICNIC.
AT A CONGRESSIONAL PICNIC. BUT WHAT WAS HE ACCUSED OF?
BUT WHAT WAS HE ACCUSED OF? WHAT WAS HE CONVICTED OF AND
WHAT WAS HE CONVICTED OF AND SENTENCED TO?
SENTENCED TO? >> DAVID, YOU SET THE SCENE
>> DAVID, YOU SET THE SCENE PERFECTLY.
PERFECTLY. WHAT HAPPENED IS THAT CHRIS
WHAT HAPPENED IS THAT CHRIS COLLINS WAS ON THE BOARD OF A
COLLINS WAS ON THE BOARD OF A PHARMACEUTICAL COMPANY AND
PHARMACEUTICAL COMPANY AND OBVIOUSLY PHARMACEUTICAL
OBVIOUSLY PHARMACEUTICAL COMPANIES GO THROUGH DRUG
COMPANIES GO THROUGH DRUG TRIALS.
TRIALS. THEY WANT TO SEE IF WHATEVER
THEY WANT TO SEE IF WHATEVER DRUG THEY'RE DEVELOPING ACTUALLY
DRUG THEY'RE DEVELOPING ACTUALLY WORKS ON PATIENTS OR ACTUALLY
WORKS ON PATIENTS OR ACTUALLY WILL WORK IN TESTS.
WILL WORK IN TESTS. AND WHEN CHRIS COLLINS WAS ON
AND WHEN CHRIS COLLINS WAS ON THE WHITE HOUSE LAWN, PART OF A
THE WHITE HOUSE LAWN, PART OF A CONGRESSIONAL PICNIC AS YOU
CONGRESSIONAL PICNIC AS YOU SAID -- EXCUSE ME -- HE GOT A
SAID -- EXCUSE ME -- HE GOT A PHONE CALL SAYING THE TRIAL
PHONE CALL SAYING THE TRIAL HAPPENED AND IT WENT BAD.
HAPPENED AND IT WENT BAD. AND BASICALLY, THIS REALLY BAD
AND BASICALLY, THIS REALLY BAD NEWS FOR THE COMPANY AND ONCE
NEWS FOR THE COMPANY AND ONCE THE NEWS BECAME PUBLIC, THE
THE NEWS BECAME PUBLIC, THE SHARES WOULD PLUMMET.
SHARES WOULD PLUMMET. WHICH IS WHAT THEY EVENTUALLY
WHICH IS WHAT THEY EVENTUALLY DID.
DID. BUT THERE WAS GOING TO BE A HOLD
BUT THERE WAS GOING TO BE A HOLD ON HIS SHARES, HIS SHARES WERE
ON HIS SHARES, HIS SHARES WERE BEING HELD OVERSEAS WHERE THE
BEING HELD OVERSEAS WHERE THE COMPANY WAS LOCATED BUT NOT ON
COMPANY WAS LOCATED BUT NOT ON HIS SON'S SHARES.
HIS SON'S SHARES. SO FOR THE NEXT COUPLE DAYS, IT
SO FOR THE NEXT COUPLE DAYS, IT WOULD NOT BE KNOWN TO THE REST
WOULD NOT BE KNOWN TO THE REST OF US THIS TRIAL HAD GONE POORLY
OF US THIS TRIAL HAD GONE POORLY FOR THE COMPANY.
FOR THE COMPANY. PICKS UP THE PHONE.
PICKS UP THE PHONE. HE CALLS HIS SON AND HE ALSO HAD
HE CALLS HIS SON AND HE ALSO HAD HIS -- HIS FUTURE IN-LAWS
HIS -- HIS FUTURE IN-LAWS ACTUALLY OWN SHARES IN THIS
ACTUALLY OWN SHARES IN THIS COMPANY AS WELL, CALLS HIS SON
COMPANY AS WELL, CALLS HIS SON AND HE SAYS YOU GOT TO START
AND HE SAYS YOU GOT TO START DUMPING THIS STOCK.
DUMPING THIS STOCK. HIS SON -- HIS SON, AS WELL AS
HIS SON -- HIS SON, AS WELL AS THOSE IN-LAWS, WERE ALSO CHARGED
THOSE IN-LAWS, WERE ALSO CHARGED IN THE STEEM.
IN THE STEEM. SCHEME.
SCHEME. NOT A GOOD MOMENT.
NOT A GOOD MOMENT. >> THE TERM WAS 26 MONTHS IN
>> THE TERM WAS 26 MONTHS IN PRISON.
PRISON. SERVE TWO TERMS CONCURRENTLY
SERVE TWO TERMS CONCURRENTLY HERE.
HERE. HOW IN LINE IS IT WITH WHAT
HOW IN LINE IS IT WITH WHAT PROSECUTORS WANTED?
PROSECUTORS WANTED? >> KIND OF SPLIT THE MIDDLE
>> KIND OF SPLIT THE MIDDLE HERE.
HERE. BASICALLY, PROSECUTORS WANTED
BASICALLY, PROSECUTORS WANTED ALMOST FIVE YEARS FOR WHAT HE
ALMOST FIVE YEARS FOR WHAT HE DID.
DID. THEY ASKED FOR THE UPPER END OF
THEY ASKED FOR THE UPPER END OF THE GUIDELINE RATE.
THE GUIDELINE RATE. SO CERTAINLY NORTH OF FOUR
SO CERTAINLY NORTH OF FOUR YEARS.
YEARS. GOING TO DO A LITTLE OVER TWO
GOING TO DO A LITTLE OVER TWO YEARS.
YEARS. BASICALLY, PROSECUTORS SAID,
BASICALLY, PROSECUTORS SAID, LOOK, NOT ONLY WAS HE INVOLVED
LOOK, NOT ONLY WAS HE INVOLVED IN THIS INSIDER TRADING SCHEME.
IN THIS INSIDER TRADING SCHEME. HE PLEADED GUILTY TO IT BUT ALSO
HE PLEADED GUILTY TO IT BUT ALSO TEN MONTHS LATER WHEN THE FBI
TEN MONTHS LATER WHEN THE FBI KNOCKED ON HIS DOOR, HE
KNOCKED ON HIS DOOR, HE PROCEEDED TO LIE TO FEDERAL
PROCEEDED TO LIE TO FEDERAL AGENTS.
AGENTS. THEY ALSO DON'T WANT THERE TO
THEY ALSO DON'T WANT THERE TO SEEM LIKE THERE'S TWO JUSTICE
SEEM LIKE THERE'S TWO JUSTICE SYSTEMS, PARTICULARLY FOR
SYSTEMS, PARTICULARLY FOR SOMEBODY WHO THEY KEPT REPEATING
SOMEBODY WHO THEY KEPT REPEATING IS SOMEBODY WHO NOT ONLY BROKE
IS SOMEBODY WHO NOT ONLY BROKE THE LAW BUT HE WAS A PERSON WHO
THE LAW BUT HE WAS A PERSON WHO WROTE LAWS TO BEGIN WITH.
WROTE LAWS TO BEGIN WITH. SO REALLY SOMEBODY WHO -- WHO
SO REALLY SOMEBODY WHO -- WHO ABSOLUTELY SHOULD HAVE KNOWN
ABSOLUTELY SHOULD HAVE KNOWN BETTER.
BETTER. >> DO WE KNOW WHERE HE IS
>> DO WE KNOW WHERE HE IS HEADED?
HEADED? I KNOW HE HAS -- PENSACOLA.
I KNOW HE HAS -- PENSACOLA. HIS ATTORNEY SAID THAT'S WHERE
HIS ATTORNEY SAID THAT'S WHERE HE'D LIKE TO SERVE HIS TIME IF
HE'D LIKE TO SERVE HIS TIME IF HE COULD.
HE COULD. >> TODAY, THE JUDGE HANDED DOWN
>> TODAY, THE JUDGE HANDED DOWN THE SENTENCE.
THE SENTENCE. JUDGE BRODERICK TOLD THE COURT
JUDGE BRODERICK TOLD THE COURT ESSENTIALLY THEY HAD ASKED FOR
ESSENTIALLY THEY HAD ASKED FOR THIS PENSACOLA PRISON CAMP.
THIS PENSACOLA PRISON CAMP. NOT EXACTLY MAXIMUM-SECURITY
NOT EXACTLY MAXIMUM-SECURITY PRISON.
PRISON. SO -- SO BASICALLY, IT SOUNDS
SO -- SO BASICALLY, IT SOUNDS LIKE THE JUDGE IS GOING TO
LIKE THE JUDGE IS GOING TO ADVOCATE FOR HIM TO GO THERE.
ADVOCATE FOR HIM TO GO THERE. AND THAT'S WHERE HE'LL LIKELY
AND THAT'S WHERE HE'LL LIKELY SERVE HIS TIME.
SERVE HIS TIME. HE MOVED TO FLORIDA AFTER
HE MOVED TO FLORIDA AFTER LEAVING THE BUFFALO AREA.
LEAVING THE BUFFALO AREA. >> HE WAS ONE OF THE FIRST, IF
>> HE WAS ONE OF THE FIRST, IF NOT THE FIRST, TO ENDORSE DONALD
NOT THE FIRST, TO ENDORSE DONALD TRUMP WHEN HE WAS RUNNING FOR
TRUMP WHEN HE WAS RUNNING FOR PRESIDENT.
PRESIDENT. HOW DOES THE PRESIDENT WEIGH IN
HOW DOES THE PRESIDENT WEIGH IN ON THIS WHOLE PROCESS?
ON THIS WHOLE PROCESS? >> WE HAVEN'T REALLY HEARD MUCH
>> WE HAVEN'T REALLY HEARD MUCH FROM THE PRESIDENT AT ALL
FROM THE PRESIDENT AT ALL OUTSIDE WHEN HE WAS FIRST
OUTSIDE WHEN HE WAS FIRST INDICTED.
INDICTED. WE HAVEN'T HEARD ANYTHING
WE HAVEN'T HEARD ANYTHING RECENTLY.
RECENTLY. OUTSIDE OF COURT TODAY, I WAS
OUTSIDE OF COURT TODAY, I WAS THERE.
THERE. REPORTERS FROM BLOOMBERG ASKED
REPORTERS FROM BLOOMBERG ASKED HIM ARE YOU GOING TO SEEK A
HIM ARE YOU GOING TO SEEK A PARDON?
PARDON? HE KIND OF GAVE A QUICK
HE KIND OF GAVE A QUICK DISMISSAL, LOOKED TO THE GROUP
DISMISSAL, LOOKED TO THE GROUP OF US THAT WERE THERE.
OF US THAT WERE THERE. SO WE REALLY HAVEN'T HEARD MUCH
SO WE REALLY HAVEN'T HEARD MUCH FROM THE PRESIDENT AT ALL.
FROM THE PRESIDENT AT ALL. THE EVIDENCE HERE WAS INCREDIBLY
THE EVIDENCE HERE WAS INCREDIBLY STRONG.
STRONG. THERE WERE PEOPLE THAT HAD
THERE WERE PEOPLE THAT HAD PROVIDED INFORMATION AND JUST
PROVIDED INFORMATION AND JUST THE ELECTRONIC TRADING RECORDS
THE ELECTRONIC TRADING RECORDS IN AND OF ITSELF IS SO DAMNING.
IN AND OF ITSELF IS SO DAMNING. THE RECORDS THAT ARE KEPT WHEN
THE RECORDS THAT ARE KEPT WHEN YOU MAKE A TRADE ONLINE, THE
YOU MAKE A TRADE ONLINE, THE AMOUNT OF DETAIL IN THOSE
AMOUNT OF DETAIL IN THOSE RECORDS IS VERY STRONG.
RECORDS IS VERY STRONG. BUT WHEN YOU MAKE A TRADE IN A
BUT WHEN YOU MAKE A TRADE IN A STOCK AS THERAPEUTICS WAS, IT
STOCK AS THERAPEUTICS WAS, IT JUST STICKS OUT LIKE SUCH A SORE
JUST STICKS OUT LIKE SUCH A SORE THUMB TO INVESTIGATORS.
THUMB TO INVESTIGATORS. IT WAS REALLY NO WAY OUT OF THIS
IT WAS REALLY NO WAY OUT OF THIS FOR COLLINS.
FOR COLLINS. >> LAST QUESTION HERE QUICKLY.
>> LAST QUESTION HERE QUICKLY. I WAS READING FROM THE
I WAS READING FROM THE SENTENCING TODAY, THE U.S.
SENTENCING TODAY, THE U.S. ATTORNEY COMMENTED ON THIS AS
ATTORNEY COMMENTED ON THIS AS WELL.
WELL. JUST PARAPHRASE WHAT HE HAD TO
JUST PARAPHRASE WHAT HE HAD TO SAY.
SAY. >> BASICALLY, I THINK THIS
>> BASICALLY, I THINK THIS REALLY UPSETS THE U.S.
REALLY UPSETS THE U.S. ATTORNEY'S OFFICE AND UPSET THE
ATTORNEY'S OFFICE AND UPSET THE FEDERAL AGENTS.
FEDERAL AGENTS. I MEAN, NOT ONLY DID HE LIE TO
I MEAN, NOT ONLY DID HE LIE TO THE FBI WHEN HE WAS CONFRONTED
THE FBI WHEN HE WAS CONFRONTED ABOUT IT, AS WE JUST DISCUSSED.
ABOUT IT, AS WE JUST DISCUSSED. BUT THE U.S. ATTORNEY'S OFFICE
BUT THE U.S. ATTORNEY'S OFFICE ESSENTIALLY SAYING, LOOK, WE
ESSENTIALLY SAYING, LOOK, WE HAVE SOMEBODY WHO IS CHARGED
HAVE SOMEBODY WHO IS CHARGED WITH -- THEY ARE REALLY HELD TO
WITH -- THEY ARE REALLY HELD TO A DIFFERENT STANDARD AND THEY
A DIFFERENT STANDARD AND THEY MUST OBEY THOSE LAWS.
MUST OBEY THOSE LAWS. AND ESSENTIALLY, WAS THIS HUBRIS
AND ESSENTIALLY, WAS THIS HUBRIS THAT U.S. ATTORNEY JEFF BERMAN
THAT U.S. ATTORNEY JEFF BERMAN REALLY KIND OF WENT AFTER HERE
REALLY KIND OF WENT AFTER HERE AND SAID, LOOK.
AND SAID, LOOK. PEOPLE NEED TO KNOW THAT NOBODY
PEOPLE NEED TO KNOW THAT NOBODY IS ABOVE THE LAW.
IS ABOVE THE LAW. THAT'S KIND OF HIS MAIN POINT
THAT'S KIND OF HIS MAIN POINT HERE.
HERE. AND THAT WAS THE CONGRESSMAN'S
AND THAT WAS THE CONGRESSMAN'S GREED, THAT WOULD BE USING HIS
GREED, THAT WOULD BE USING HIS WORDS, THAT REALLY GOT HIM INTO
WORDS, THAT REALLY GOT HIM INTO TROUBLE HERE.
TROUBLE HERE. SO I THINK THESE TYPE OF CASES,
SO I THINK THESE TYPE OF CASES, WHEN POLITICIANS BREAK THE LAW
WHEN POLITICIANS BREAK THE LAW THIS BRAZENLY, AND IT WAS
THIS BRAZENLY, AND IT WAS BRAZEN, THAT REALLY GETS UNDER
BRAZEN, THAT REALLY GETS UNDER THE SKIN OF PEOPLE IN LAW
THE SKIN OF PEOPLE IN LAW ENFORCEMENT.
ENFORCEMENT. THEY REALLY LOOK -- LOOK DOWN ON
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B1 Intermediate

Former Rep. Chris Collins Sentenced To Prison | NBC News NOW

6 Folder Collection
林宜悉 published on February 17, 2020

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