Sunday, May 15, 2011

If Albany Pols Are Not Scared of Cuomo They Should Be Very Afraid of Preet Bharara

Hugh Win for U.S. Attorney
U.S. Attorney Preet Bharara who when he indicted Senator Carl Kruger said he was sending a message to Albany pols today sent a message to Wall Street

Raj Rajaratnam, Billionaire Hedge Fund Executive, Convicted on All Counts in Insider Trading Case *  Raj Rajaratnam Guilty — Why Things Didn't Go His Way (Forbes) * Galleon boss Rajaratnam found guilty of insider trading‎ (BBC) * Hedge Fund Conference Buzzing About Raj Rajaratnam Verdict (WSJ) * Angry Bird! CNBC Gets Flipped Off In Effort To Question Raj Rajaratnam’s Lawyer

Sources: Probe Of N.Y. Sen. Carl Kruger Just Getting Warmed Up ... * Kruger's Downfall Brings Top Prosecutor Preet Bharara Into ...



U.S. Attorney Groundhog Day 
"Here we go again… When prosecutors charge it should not feel like a scene from Groundhog Day—but it does."  

US Atty Bharara. Next Preet movie reference: "apparently, what we've got here is a failure to communicate." Does that make Kruger into Paul Newman? - Cool Hand Luke.  ‘A Failure To Communicate’ 

Video of Bharara Explaining Charges 
U.S. Attorney Preet Bharara Says He Will Keep Indicting Elected Officials in Albany Until They Change Their Corrupt Ways.  He said Albany reminded him of the Groundhog movie, in the no matter how many people he indicts they don't Change. "Albany should see this as a moment for truth and a moment for change" *  US Attorney: another corruption case, "Albany just hits the snooze button…shouldn't feel like a scene from groundhog's day, & yet, it does."

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