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Gambling Opponent Cleared of Wrong Doing
Thursday, May 3,2012 : ONLINE GAMBLING OPPONENT CLEARED OF WRONGDOING (Update)
All charges against Rep. Spencer Bachus dismissed by Congressional Ethics office
This week an old gambling story resurfaced with the news that US Representative Spencer Bachus of Alabama, an arch anti-online gambling politician in Congress, has been completely exonerated on charges of abusing insider political knowledge.
The Republican politician was the subject of an investigation by the Office of Congressional Ethics into allegations arising from a television expose claiming that he had made money from using insider knowledge that came to him as a lawmaker .
Bachus, as chair of the powerful House Financial Services Committee, was in a position to prosper from insider knowledge, and he did so, especially in the 2008 economic meltdown, it was claimed. At the time, Bachus was receiving briefings from Treasury Department officials and economic experts about the banking crisis, the Wall Street Journal reported in 2010.
A book by Peter Schweizer titled “Throw Them All Out” added fuel to the fire with details of questionable political conduct for personal profit in Congress.
The issue really hit the headlines in a big way only in 2011, when an expose on corruption in Congress aired on the CBS television network program "Sixty Minutes", naming Bachus and other political luminaries like Speaker John Boehner and House Minority Leader Nancy Pelosi.
Bachus has consistently denied the allegations, and this week the Office of Congressional Ethics unanimously dismissed all suggestions of wrongdoing against him.
Something positive did come out of the sad litany of politicians behaving badly, however; Congress recently passed a law forbidding insider trading by members of Congress.
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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