House Oversight — Estate records
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From: Kathy Ruemmler [ Sent: 3/13/2017 2:45:19 PM To: jeffrey E. [jeeyacation@gmail.com] Subject: When It Comes to Wall Street, Preet Bharara Is No Hero - ProPublica Importance: High https://www.propublica.org/article/when-it-comes-to-wall-street-preet-bharara-is-no-hero When It Comes to Wall Street, Preet Bharara Is No Hero The prominent U.S. attorney fired by Donald Trump this weekend has been justly acclaimed for his pursuit of political corruption. But his treatment of the Wall Street executives involved in the financial meltdown was far less confrontational. by Jesse Eisinger ProPublica, March 12, 2017, 6:22 p.m. 1 Comment Print Print search Follow ProPublica Email Updates by email _____Preet Bharara, then U.S. attorney for the Southern District of New York, at Trump Tower in November 2016 (Drew Angerer/Getty Images) After his election in 1968, President Richard Nixon asked Robert Morgenthau, the US Attorney for the Southern District of New York, to resign. Morgenthau refused to leave voluntarily, saying it degraded the office to treat it as a patronage position. Nixon's move precipitated a political crisis. The president named a replacement. Powerful politicians lined up to support Morgenthau. Morgenthau had taken on mobsters and power brokers. He had repeatedly prosecuted Roy Cohn, the sleazy New York lawyer who had been Senator Joe McCarthy's right-hand man. (One of Cohn's clients and protégés was a young New York City real estate developer named Donald Trump.) When Cohn complained that Morgenthau had a vendetta against him, Morgenthau replied, "A man is not immune from prosecution merely because a United States Attorney happens not to like him." Morgenthau carried that confrontational attitude to the world of business. He pioneered the Southern District's approach to corporate crime. When his prosecutors took on corporate HOUSE OVERSIGHT 019845 fraud, they did not reach settlements that called for fines, the current fashion t […]