Rep. Chris Collins arrested for insider trading

Discussion in 'Wall St. News' started by Here4money, Aug 11, 2018.

  1. Here4money

    Here4money

  2. Thanks for sharing.

    Here is the part I don't understand.

    If you worth $66 Million and you Know you doing illegal trading, why not stop after you make your money for your family??

    it makes 0 sense. I'm worth 66 million and I STILL doing illegal stuff.

    Make your 1-4 million and exit the game.

    It's like a drug dealer making millions a year and continue selling dope.
     
    Last edited: Aug 11, 2018
    CSEtrader likes this.
  3. You would be surprised to find out that 4 million does not really go that far.
     
    SimpleMeLike likes this.
  4. Here4money,

    If I have 4 million right now, I'm done. Retired. I go home and sit down and chill. Done. Nomore trading, no nothing. No debt.

    But I can only speak for myself.
     
    CALLumbus likes this.
  5. Because people like him with big net worth from non-hard worked for sources have no understanding of the value of money and see it like a score. He is only worth something if that number keeps growing. taking a hit is like taking a hit to his manhood so he does dumb shit like this which ruins him. Happens to every rich mofo handed money or born with a silver spoon.
     
    SimpleMeLike likes this.
  6. Here4money

    Here4money

    The idea he made his fortune by doing these shady tactics has been floated. I simply don't buy it. This was so amateurish that either the SEC are utterly incompetent, or he wanted to get caught.
     
  7. El OchoCinco,
    You said it right. I agree with you.

    Like , the guy is just an idot. He already made 66 million and still taking risk.

    66 million, I'm done. My whole family set for life. And I would still trade 1 contracts, cause I enjoy the challenge.
     
  8. I will go with he is a Congressman and thinks the sun shines out of his ass and can do no wrong....
     
    Gotcha likes this.
  9. Makes you wonder what else he did to get there...
     
  10. Sig

    Sig

    There's actually some interesting research that shows that powerful people do in fact end up with a cognetive blind spot that leads them to behave as if they are above the rules that apply to normal people. You summed it all up well in one sentence.
     
    #10     Aug 12, 2018
    El OchoCinco and toc like this.