Wall Street scared new attorney general could be NY U.S Attorney Preet

A renewed “hope” – almost afraid to wish…

Justice League

lol Now, that would be a hoot. I hope Obama puts this man on his short list…

Attorney General Eric Holder is heading to the exit door — and that’s making Wall Street nervous.

Executives in the financial services industry see Manhattan US Attorney Preet Bharara as a possible successor — and with his tough-on-corporate-crime history, believe a renewed focus on Wall Street could be coming to Washington.

Holder, after six years atop the Justice Department, is seen as not interested in highlighting white-collar crimes.

“[Holder] was pretty easy on Wall Street,” Marc LoPresti, a corporate and securities lawyer in New York, told The Post.

“It’s glaring that past financial debacles have led to prosecutions of high-level executives but we have seen almost no prosecution of individuals involved in wrongdoings of financial institutions related to the 2007-2009 financial crisis,” said Anat Admati, a professor of finance at Stanford’s graduate school…

View original post 70 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s