United States Attorney

Preet Bharara Joins NYU School Of Law

Just ten days after the US Attorney for New York, Preet Bharara was fired by Donald Trump, prompting speculation if he was working on a probe of Trump himself when he was terminated and further speculation which employer would imminently retain Bharara's services, moments ago the former attorney gave the answer: he is joining the NYU School of Law.

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.

Mary Jo White Seriously Misled The US Senate To Become SEC Chair

Yesterday it was widely reported in the business press that Mary Jo White is returning to her former law firm as a partner representing clients who face government investigations. This news is highly significant because it would appear that the U.S. Senate was seriously misled by White’s ethics letter in its deliberations to confirm her as the top cop of Wall Street.

Live Stream: Key Things To Watch As Jeff Sessions Gets Grilled By Senate

A marathon of Senate confirmation hearings gets kicked off today starting with Jeff Sessions (R - Alabama), Trump's pick for Attorney General, starting at 9:30AM EST.  Sessions is certain to face fierce opposition from liberals who will undoubtedly bring up his "racially insensitive" comments from the 1980s and grill him on his views regarding voter I.D. laws and immigration.

Frontrunning: October 19

  • China third quarter GDP grows 6.7 percent as expected as construction booms, debt rises (Reuters)
  • China Growing at 6.7% Opens Window to Deliver Debt-Curb Vow (BBG)
  • U.S. expects Islamic State to wield chemical weapons in Mosul fight (Reuters)
  • Iraq urges U.S.-led coalition to prevent Islamic State escape to Syria (Reuters)
  • Fox national poll shows Clinton leading by six points (Hill)

Frontrunning: July 21

  • Global stocks nurse nine-month highs before ECB meeting (Reuters)
  • Kuroda Says No Need and No Possibility for Helicopter Money (BBG)
  • As Republican Party tries to heal wounds, discord rules at convention (Reuters)
  • GOP Divided as Cruz Snubs Trump (WSJ)
  • Trump Chooses War With Cruz at Convention Aimed at Unification (BBG)

HSBC Global Head Of FX Cash Trading Arrested At JFK Airport

A historic event took place moments ago when Mark Johnson, the global head of cash FX at HSBC was arrested at JFK airport for his role in a "conspiracy to rig currency benchmarks", and specifically for frontrunning customer orders. He is the first person charged by the US in the ongoing FX rigging probe.

"Folks, Put The Pieces Together" - Judge Jeanine Rages Over Comey/Clinton Debacle

"Now what we have is a country that doesn't believe in the system anymore. This case should have gone to a grand jury. Ordinary Americans should have heard this case. You've got political appointees like Jim Comey, Loretta Lynch, and someone who was beneath Loretta Lynch who is also a political appointee making this decision, reeks of favoritism."

Peak FBI Corruption? Meet Bryan Nishimura, Found Guilty For "Removal And Retention Of Classified Materials"

"Nishimura caused the materials to be downloaded and stored on his personal, unclassified electronic devices and storage media. He carried such classified materials on his unauthorized media when he traveled off-base in Afghanistan and, ultimately, carried those materials back to the United States at the end of his deployment. The investigation did not reveal evidence that Nishimura intended to distribute classified information to unauthorized personnel."