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‘Completely idiotic — the dumbest insider trading crime I’ve ever seen’: CNN analyst examines allegations against Chris Collins

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The details of the alleged crimes of Rep. Chris Collins (R-NY), a Trump-loving lawmaker from western New York state who stands accused of insider trading, are so “idiotic” that analysts on CNN could hardly believe them.

According to prosecutors, Collins was at the White House when he learned that a drug trial from a firm he invested heavily in had failed, and so he called his son seven times trying to alert him. The son sold his stock the next day.

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“It’s completely idiotic,” said CNN legal analyst Paul Callan. “It’s the dumbest insider trading crime I’ve ever seen.”

Given an unencrypted cell phone was apparently used from the grounds of the White House, the details almost defy believability, said CNN’s Dana Bash.

“If you saw this on House of Cards—so the president is going to be there and have the congressman over for a picnic,” said Bash. “He’s going to get the call from this CEO and call his son. You’d be like, ‘really?’ This would never happen. Nobody would do that.”

Watch below.

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CNN’s Elie Honig praises DOJ lawyers for revolt against Barr: ‘Like students rising up against the oppressive headmaster’

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CNN legal analyst Elie Honig on Thursday heaped praise upon Department of Justice prosecutors who disregarded many of the changes to sentencing guidelines for convicted Trump ally Roger Stone that were made by Attorney General Bill Barr.

When asked by CNN's Kate Bolduan for his reaction to the prosecutors' actions, Honig responded enthusiastically.

"I applaud what this prosecutor is doing," he said. "And as a DOJ alumni on the front lines trying cases, I'm so impressed by this. This is like the scene [in a movie] where the students rise up and push back against the oppressive headmaster."

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CNN

‘Barr is a toady’: Jeffrey Toobin says talk of attorney general resigning is ‘just a big show’

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CNN legal analyst Jeffrey Toobin says he doesn't believe Attorney General William Barr when he claims he considered resigning from the Trump administration.

Sources close to Barr told ABC News that the attorney general had contemplated quitting because President Donald Trump's tweets make it difficult for him to do his job.

"Barr is a toady," Toobin explained during an appearance on CNN. "Barr is doing what he's told. He had this one statement, 'Oh, whoa is me, it's hard for me to do my job when the president tweets.'"

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‘That’s how authoritarian countries work’: CNN’s Toobin warns Trump is acting like a dictator

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On CNN Wednesday, legal analyst Jeffrey Toobin broke down the significance of President Donald Trump's decision to pardon several high-powered friends accused of political corruption and tax crimes.

"There is no doubt, under the Constitution, the president has the power to do this," said Toobin. "This is not legally a — an open question. And there is a history of controversial pardons, whether it's President Clinton pardoning Marc Rich, a fugitive financier, or George Herbert Walker Bush pardoning the Iran-Contra people on his way out of the office."

"So what makes this so troubling is in the middle of his term, here he is assigning friends, basically friends and friends of friends, to get pardons and clemency, which is how authoritarians behave, which is playing favorites with your personal friends at a time when you are playing with the opposite of favorites with prosecutorial decisions," said Toobin. "I want these people prosecuted, these people freed — that's how authoritarian countries work. Countries where there is the rule of law, there are systems in place for who gets prosecuted, who gets clemency. This is a very individually-focused way to run a presidency."

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