From coast to coast, the FBI and Securities and Exchange Commission have ensnared people not only at hedge funds, but at technology and pharmaceutical companies, consulting and law firms, government agencies, and even a major stock exchange.
Preet BhararaThat's an incredibly serious thing if people think that the president of the United States can tell heads of law enforcement agencies, based on his own whim or his own personal preferences or friendships, that they should or should not pursue particular criminal cases against individuals. That's not how America works.
Preet BhararaInsider trading tells everybody at precisely the wrong time that everything is rigged, and only people who have a billion dollars and have access to and are best friends with people who are on boards of directors of major companies - they're the only ones who can make a true buck.
Preet BhararaI do my job. I love my job. It's the best job I ever had. And it's probably the best job I will ever have. And I serve at the pleasure of the president. That's true of President Obama. That will be true of President Trump. And if and when a president decides that they want to replace me, I'll ride off into the sunset.
Preet Bharara