Saturday, June 16, 2012

[crab syndrome?] Preet Bharara complicit in protecting Jon Corzine?

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---------- Forwarded message ----------
From: "Arvind Kumar"
Date: Jun 16, 2012 9:05 AM
Subject: Preet Bharara complicit in protecting Jon Corzine?
To: "Rajeev Srinivasan"

About Preet Bharara, the attorney who went after Rajat Gupta. He simply won't go after Jon Corzine of MF Global whose committed massive fraud.

http://www.nypost.com/p/news/opinion/opedcolumnists/political_slowdown_in_corzine_probe_nSVAZMDLP4Neo2z3UjiwhM

The publicity hungry and hyper-ambitious Preet Bharara, the US attorney for the Southern District, as well as the heads of the Securities and Exchange Commission and the Commodity Futures Trading Commission, are all longtime Democrats.

Some, like Bharara, are fairly partisan Democrats looking for bigger future jobs. They have much to gain if the investigation doesn’t blow up before Election Day — so it’s pretty convenient that they keep hitting what we’re told are dead ends.

Bharara is rumored to be on the short list of possible successors to Attorney General Eric Holder in a second Obama term, as is FBI chief Robert Mueller.

In other cases, Bharara’s been so eager to drum up good press that’s he’s falsely taken credit for personally recording wiretapped conversations of alleged insider traders. Which makes it odd that he’s said so little about MF Global, the biggest scandal to develop on his watch — especially when we’ve got real victims here, whereas it’s usually impossible to trace investors’ losses in insider-trading cases.

2 comments:

Pagan said...

Offtopic:
Remarkable how all identity claims ('northeastern tribal', 'dalit woman', 'Muslim') disappeared the moment powers that be declared their choice

Arvind said...

I do not think it is the crab syndrome. Bharara went after Bernie Madoff. He is part of the Democratic Party machinery.

He seems to be setting himself up for a run at the Governorship of NY. It is SOP to arrest some Wall Street tycoons and then use it as a talking point in elections.

Jon Corzine is a Democrat who was a Senator from NJ and was also its Governor.