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Coverage of national and international news, including breaking stories. 2016. he was a very close ally of tom price, instrumental in price being chosen as hhs secretary. you know price has since left that post. collins attorneys have released an official statement saying quote, we will answer the charges filed against congress collins in court. and will mount a vigorous defense to clear his good name. it is notable that even the government does not allege that congress man collins traded a single share of innate therapeutic stock. we are confident he ll be completely vindicated and exonerated. the complaint also alleged that collins was at the white house attending the congressional picnic when he conducted some of the activity that led to the insider trading charges. this one is extraordinary for me. he s nots just being investigated. he s not just being charged. he was arrested. they knocked on his door and arrested him. a serving congressman. wow. joining me now nbc news ....
News, analysis and interviews with politicians and observers. when the public trial for the drug was about to be announced as a failure. want to read a little from the complaint. mis 416 had the potential to be an enormously profitable if the drug trial was successful. the drug, however, failed the drug trial. public announcement of these results caused the stock price to drop by 92%. in or about june of 2017, christopher collins violated the duties he owed to innate by passing material nonpublic information regarding the drug trial results to his son the defendant so that cameron collins could use that information to make timely trades in innate stock and tip others. in detail, it was stunning from the actual complaint itself, those phone calls or the initial ones from the congressman to his sn, they took place on the grounds of the white house, during the white house congressional picnic. anybody who has been paying attention to chris collins on capitol hill the last couple ....
i m phil mattingly. in for dave briggs. it is thursday, august 9th. congratulations, you are on the back half of the week. representative chris collins refusing to step down after indictment on insider trading charges. federal prosecutors in manhattan accused the new york congress member, his son and another man of securities and wire fraud. charged with exploiting secret drug trial information from the australian pharmaceutical company. collins vowed last night he will continue his run for re-election in november. the charges that have been levied against me are meritless. i will mount a vigorous defense in court to clear my name. i look forward to being fully vindicated and exonerated ending any and all questions relating to my affiliation with innate. the company where collins was on the board of directors. he was the first sitting congress member to endorse donald trump for the white house. collins indictment turns another safe republican seat into a battleground. ....
Coverage of national and international news, including breaking stories. bookminder, executive director for citizens for responsibilities and ethics. and midwin charles is an attorney. president trump reacted to cohen s plea this morning on twitter where he writes if anyone is looking for a good lawyer, i would strongly suggest you that don t retain the services of michael cohen. okay. let s remind our audience, the president is downplaying this. being funny, almost cute. there s nothing cute about it. the president of the united states is the chief law enforcement officer. that is what he is. and yesterday, he has been accused as a co-conspirator of a federal crime, maybe multiple. so, please, let that sit in. midwin what is your take here? my take is this is consistent with donald trump. we have seen him react this way to a varietydifferent thinks even when accused of sexual assault by women. now, what is shocking that i think all of us need to recognize on august 21st ....
recovery success. i think puerto rico was incredibly successful. and i actually think it was one of the best jobs that s ever been done with respect to what this is all about. i think the puerto rico was an incredible, unsung success. no one s saying that success because it s not true. billionaire president versus a trillion dollar company, we ve also got that in sight, apple set to unveil a new slate of iphones today, but with the president s trade wars threatening higher price, will the company be forced to think different? and ten years ago this week, i remember it well, lehman brothers collapsed, setting off a chain of events leading to the worst financial crisis since the great depression. so after a decade, have we learned any lessons? you know, we have got to begin with the the storm of a lifetime. max, thinking, am i going to have a home to come back to? god spare us, spare myrtle beach, spare everybody who s in line with this. because this looks like it s go ....