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- New Cyberattack Goes Global, Hits WPP, Rosneft, Maersk
- Deutsche Bank Said to Lose as Much as $60Mn Over Derivative Trade
- Dimon Says JPMorgan Headcount to Keep Rising Despite Automation
- RBS to Cut 443 Jobs In UK, Move Many of Them to India
- Deutsche Bank Bullish on London Despite Brexit
- Supreme Court Nears Finish With Big Cases, Retirement Rumors
- The Richest Person in Every State
- LPL Tabs Scott Seese, Former eBay Exec, as Chief Information Officer
- Fired Biglaw Associate Arrested for Trying to Extort Partners
- Canada's CIBC Completes $5Bn PrivateBancorp Buy
- Word ‘Women’ Literally Never Appears in U.S. Senate’s 142-Page Health-Care Bill
- Stephen Pierce, Goldman Sachs Global Head of Equity Markets, To Retire
- Al Gore 'Not Very Smart,’ But Became Filthy Rich Using Simple Investing Formula - Charlie Munger
- U.S. Regulators, Lawmakers Support Volcker Rule Revamp at Hearing
- Morgan Stanley Opts for Frankfurt as New EU Hub
- A New Risk for Goldman, Morgan Stanley in Stress Tests (subsc reqd)
- A Trump Bump for Law Firm of President’s Lawyer - Kasowitz Benson Torres
- JPMorgan, BofA, Goldman, Citi, Wells Fargo Pass Fed's Stress Test
- Blackstone Stock Still Trading at $31 - Its IPO Price From 10 Years Ago
- NJ Resident and NY-Based Global FX Club Charged with Solicitation Fraud, Misappropriation - CFTC
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NEWSLETTERS & ALERTS
Donald Trump & Co.
Aha! The Real Reason Preet Bharara Was Fired
It’s common knowledge that LOYALTY is a necessary condition for anyone who works for Donald Trump. Nothing that a subordinate says or does should ever be viewed as a threat to the notion that Donald Trump is the BEST, is on TOP, and is in CONTROL.
Lo and behold, the Wall Street Journal last week reported that former U.S. Attorney Preet Bharara was a prodigious tweeter. We know that because his official account at the Justice Department had more than 260,000 followers. His personal account had far fewer.
This prompted NYU ethics professor Stephen Gillers to suggest that Mr. Bharara should “take care to avoid” the impression that he’s using his office for personal gain. That said, Prof. Gillers admits that, “even without Twitter, Bharara has been more of a public presence than has been true of U.S. attorneys generally.”
For the record, Preet Bharara had, at one time, been using @PreetBharara as his official DOJ handle. However, a recent DOJ social media policy required Mr. Bharara to change to a new official handle - @USAttyBharara. He then simply adopted @PreetBharara for his personal handle.
DISPLAY OF DISLOYALTY. Between Mr. Bharara’s super-star status and his penchant for tweeting, we recognize the basis for a natural conflict of interest (or should we say, competition) that is likely to have cultivated a certain animus by the President toward the former U.S. Attorney who once served at his pleasure.
- For one thing, both the Donald and Preet are recognizable by their first names.
- Second, they are prodigious tweeters and, in this administration, that means trouble.
Lest anyone try and convince you that this scenario is false or fraught with nonsensical notions, simply direct them to Mr. Trump’s history of seemingly illogical and unintelligible actions and tweets – it doesn’t take a lot to set him off.