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From: Kathy Ruemm|er | |
Sent: 3/13/2017 2:45:19 PM
To: jeffrey E. [jeevacation@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.
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reet 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
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| Filename | HOUSE_OVERSIGHT_019845.jpg |
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| Text Length | 1,873 characters |
| Indexed | 2026-02-04T16:39:33.579198 |