New York Senator Charles Schumer was instrumental in getting Bharara appointed to that position and in return was asked from time to time to do favors for the senator and his allies. Up until recently, President Trump had no idea what was really going on. Once President Trump’s staff understood the quid pro quo, they had no choice but to ask for Bharara’s resignation.
In 2015, Puerto Rico defaulted on $70 billion in municipal bonds. Those involved panicked. There was ample evidence that the issuing agencies were technically bankrupt when they issued the bonds and that they purchased fraudulent credit ratings from Moody’s Fitch and S&P. Wall Street’s biggest banks then knowingly sold junk bonds to innocent investors, labeling them as safe investments. Everyone made a ton of money, except the innocent investors.
The evidence of this massive criminal act was overwhelming. The lawsuits and complaints to the FBI and SEC were streaming in. Dozens of Wall Street executives could go to prison. This was serious.
Great article on the leftists selling out to Wall Street, and Preet’s loyalty to Schumer.
More and more it looks like Trump is going to have to purge everyone to drain the swamp, but especially those associated with the left.
He should also now have a team looking for the next generation of Trumpian Congressman and Senators, to run in each of the next election cycles. As long as he is cleaning house, he might as well do it everywhere. A Rex Tillerson in every race would be a great accomplishment.
[…] The Real Reason Preet Bharara Was Fired? […]
Hit the street, Preet!
The NextGen:
http://www.sheriffclarkeforsenate.com/
Got to get rid of all the Swamp Things if you want to drain the swamp.
“that they purchased fraudulent credit ratings from Moody’s Fitch and S&P. ”
The entire purpose of S&P is to issue fraudulent credit ratings since the Obama admin punished them for downgrading the USA.