That's bizarre. He made no profit and claims he simply relied on a Goldman investor and he is hit with insider trading? I am assuming there is a lot more to the story unless he was strong armed into the plea in exchange for no penalty to help them get the big fish.
I understand the rationale behind the prohibition on insider trading. But IMO it is a very odd crime. In essence as an investor you are expected to hypothetically come into possession of knowledge which could cost you a lot of money. And your response should be to do nothing and accept that loss. And yes, I understand the person on the other end of the transaction may not have the same information so they will be the poor sucker who loses. In other parts of the economy that is known as caveat emptor.
Not the "victim" he claims to be....Report is that Kendricks made over a million dollars on the trades and bribed an analyst who then worked at Goldman to provide him with inside information.
Not really. Both Njoku and Higgins were already cleared by police and accuser isn't moving forward with any sort of prosecution. The rape occurred in the building they live in.And now their Tight End is in the middle of a rape investigation.
shoot I thought you were talking about his break down of the Eagles O on Hard Knocks!!
Mychal Kendricks gives Browns (and everyone else) a scouting report on Eagles offense
Posted by Mike Florio on August 29, 2018, 9:30 AM EDT
Getty Images
From time to time, we hear about the information that can be gleaned from a player who played with a team that his current team is preparing to play. The latest installment of Hard Knocks provides an example of that dynamic.
Former Eagles linebacker Mychal Kendricks, who now plays for the Browns, provided a scouting report as to three key members of the Philly offense in advance of Cleveland’s preseason game against the Eagles. Though the intended audience was his defensive teammates, the rest of us were privy to it as well.
“Playing with Nick Foles, I realized on his long balls, his deep balls, he has like a teardrop effect,” Kendricks tells the room (and the rest of us). “He’s tall and he likes to drop it literally from the sky. So, corners, the timing’s just a little slower on the ball coming.”
That’s an assessment that other teams could have picked up from watching film. The next one would have been less obvious.
“[Zach Ertz] I think is the best receiver on the team,” Kendricks explains. “Notice I said ‘receiver.’ When it comes to blocking, you hit his f—king ass over and over, he doesn’t want any smoke.”
Kendricks also had a less-than-effusive assessment of the team’s swing tackle, who has played a lot the last two years.
“Big V?” Kendricks adds. “[Halapoulivaati] Vaitai. He’s so big that his size allows him to do what he does. You see, but he doesn’t have the quickest feet and he’s not the strongest. He doesn’t trust his feet at all. You get on him, his confidence will go down.”
It will be interesting to see what the Eagles have to say about the things Kendricks said, and it will be interesting to see whether other teams end up making use of Kendricks’ assessment when preparing to face the Eagles.
How did that pack of stiffs win a Super Bowl?I can't believe this is considered news.
As the Article notes, watch Foles' trajectory on his deep throws. No secret
No one watches Eagles film and things Ertz loves contact.
Vaitai got smoked last year when he became the starter. He reasonably improved upto and through the playoffs, but no one is mistaking him for Jason Peters.
Yawn
FWIW I thought Big V played pretty well down the stretch. That said I am not real happy the way he has played pre season. I think James Harrison found a flaw in his game, but wasnt really big enough to capitalize on it. Now that he is playing bigger DE, I think they are.How did that pack of stiffs win a Super Bowl?
That story remind me of an old joke because she though she was in bed with a player, not his fried.Not really. Both Njoku and Higgins were already cleared by police and accuser isn't moving forward with any sort of prosecution. The rape occurred in the building they live in.
How did that pack of stiffs win a Super Bowl?
Let us know when the regular season starts, numbnuts.With Insider Trading.
As if saying the Browns were more talented than the Superbowl winning Eagles was worse enough..
Let us know when the regular season starts, numbnuts.
That’s when the scores count, right bozo.September 6th. Put it in your calendar before you forget, you dope.
That’s when the scores count, right bozo.
Right. It's like people assume that NFL scouting departments don't know that tons of game footage exists on all of these players. That may be news to message board QBs like us, but anyone worth their salt on an NFL payroll won't take Kendricks' word for it.I can't believe this is considered news.
As the Article notes, watch Foles' trajectory on his deep throws. No secret
No one watches Eagles film and things Ertz loves contact.
Vaitai got smoked last year when he became the starter. He reasonably improved upto and through the playoffs, but no one is mistaking him for Jason Peters.
Yawn
It's also kind of cruel, and you could have posted it so I didn't have to look at twitter.First response on Twitter is brilliant.
Who ever claims their transgressions accurately on Twitter?Not the "victim" he claims to be....
That’s too bad. I’ve met him, he’s a nice kid.Insider trading. Fairly unique reason for dropping a player
Browns linebacker Mychal Kendricks has been charged with insider trading relating to investments made four years ago, federal officials announced Wednesday.
According to Philly.com, Kendricks' attorney, Michael Schwartz, said the linebacker is expected to plead guilty in the coming weeks. Kendricks made nearly $1.2 million, NBC Philadelphia notes, according to U.S. Attorney William M. McSwain.
Television writer, Damilare Sonoiki, also has been charged with helping Kendricks in his investments.
Kendricks released a statement Wednesday, admitting to participating in insider trading years ago and apologizing for his actions. He said he "fully cooperated" with the investigation and will repay all of the funds he obtained illegally. He was later released by Cleveland.
https://www.msn.com/en-us/sports/nf...released-by-team/ar-BBMBVR3?OCID=ansmsnnews11
Right now, I am reading Secret Empires, a book about how the political class ( both major parties ) accumulates huge amounts of wealth through inside deals often with foreign governments ( especially China ). It’s so disgusting I doubt I will bother to finish it.
Insider stock trading is wrong, but on a case by case basis it’s a drop in the ocean in comparison with what our elected officials are doing.
I know, test board.
Right now, I am reading Secret Empires, a book about how the political class ( both major parties ) accumulates huge amounts of wealth through inside deals often with foreign governments ( especially China ). It’s so disgusting I doubt I will bother to finish it.
Insider stock trading is wrong, but on a case by case basis it’s a drop in the ocean in comparison with what our elected officials are doing.
I know, test board.
Garrett Taylor was ranked ~60th overall by Rivals iirc. High 4 star. We flipped him from Michigan late. Wade is a true soph. He’s doing fine. No automatic paths to starting when you stack blue chippers class after class after class.
It’s hard to the make the game when you are inside a prison cell.Insider trading. Fairly unique reason for dropping a player
Browns linebacker Mychal Kendricks has been charged with insider trading relating to investments made four years ago, federal officials announced Wednesday.
According to Philly.com, Kendricks' attorney, Michael Schwartz, said the linebacker is expected to plead guilty in the coming weeks. Kendricks made nearly $1.2 million, NBC Philadelphia notes, according to U.S. Attorney William M. McSwain.
Television writer, Damilare Sonoiki, also has been charged with helping Kendricks in his investments.
Kendricks released a statement Wednesday, admitting to participating in insider trading years ago and apologizing for his actions. He said he "fully cooperated" with the investigation and will repay all of the funds he obtained illegally. He was later released by Cleveland.
https://www.msn.com/en-us/sports/nf...released-by-team/ar-BBMBVR3?OCID=ansmsnnews11
And it’s why Washington DC and the surrounding area has exploded in population and business activity - everyone wants to get close to the troughRight now, I am reading Secret Empires, a book about how the political class ( both major parties ) accumulates huge amounts of wealth through inside deals often with foreign governments ( especially China ). It’s so disgusting I doubt I will bother to finish it.
Insider stock trading is wrong, but on a case by case basis it’s a drop in the ocean in comparison with what our elected officials are doing.
I know, test board.
I do (and want to) believe that the vast majority of citizens, regardless of political affiliation, find this practice highly objectionable.Right now, I am reading Secret Empires, a book about how the political class ( both major parties ) accumulates huge amounts of wealth through inside deals often with foreign governments ( especially China ). It’s so disgusting I doubt I will bother to finish it.
Insider stock trading is wrong, but on a case by case basis it’s a drop in the ocean in comparison with what our elected officials are doing.
I know, test board.