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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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