Posts Tagged ‘preet bharara’

Preet Bharara: Criminal Action End of World

Posted by admin on Monday, October 3, 2016

Preet Bharara Money Quote saying as U.S. attorney for the Southern District of New York that prosecution of bankers comes with frightening warnings that are absurd. Preet Bharara said:
 
Financial institutions will do almost anything to avoid a tough enforcement action and therefore have a natural and powerful incentive to make prosecutors believe that death or dire consequences await. Quote
 

Financial institutions will do almost anything to avoid a tough enforcement action and therefore have a natural and powerful incentive to make prosecutors believe that death or dire consequences await. I have heard assertions made with great force and passion that if we take any criminal action, the skies will darken; the oceans will rise; nuclear winter will be upon us; and the world as we know it will end” — Preet Bharara

 

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