Page 32 - Cohen Case News Today : Breaking News, Live Updates & Top Stories | Vimarsana

People that are negotiated with donald trump and -- >> the mafrnafort/gates trial under way as we speak. >> the foellow that folks just watched, geoffrey berman, southern new york district attorney. if you are donald trump and looking at, this is a dry run, a kind of -- this is the kind of detail, the kind of methodical prosecutorial effort that this guy is going through, if not more, in the cohen case. >> appointed by donald trump. >> appointed by donald trump. not somebody who is a witch hunt. no 17 angry democrats here. >> not yet. >> we'll see what donald trump, what is his reaction becaus...

Go through those charts and the tick tock of the timing and to hear the fbi agent in charge talk about the electronic records they have, what does that tell you about this case? >> well, that presentation, i think, demonstrated a very clear-cut case against the congressman and members of his family and also the czarsky family. these cases sometimes are dry and difficult to understand because of their complexity, but those charts demonstrated how a classic insider trade iing case works. one, you have the congressman on the board of directors of the company innate. he gets inside information. an...

Members and we have a trading fest going on during which they save $750,000 in potential losses because of the insider information. the poor members of the public who find out about it the next day get crushed because the stock plummets by over 90%. this is a classic insider trading case. and what's not classic about it, though, is we have a congressman who sat on the board of directors of a company, pharmaceutical type company, that was doing, you know, a major trial in a case. he makes the laws releasing to this. he's the one the fda answers to in these trials. so i think that's very surpris...

My office handling the case. to my right is max nicholas, damian williams, bob allen, scott hartman and the co-chiefs of our securities and commodities fraud task force, tim and jason. congressman collins who, by virtue of his office, helps to write the laws of our nation acted as if the law didn't apply to him. charges today demonstrate once again that no matter what the crime and no matter who committed it, we stand committed in the pursuit of justice without fear or favor. i would now like to invite to the podium bill sweeney.

Stock, he knows he's under investigation already in the house. he knows his position in this company is publicly well known. isn't it pretty stupid to think you could get away with this? >> it's completely idiotic. every telephone call the feds can trace. every text message, by the way, a bunch of text messages were sent. and they -- probably through the use of gps and whatnot they can even track the car. and who knows what they were tracking because he's been under investigation by the congress and who knows, maybe by the fbi for a long time. so, yeah, it's the dumbest insider trading crime i...