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Re: Sojourner55 post# 86193

Saturday, 12/03/2016 5:13:07 PM

Saturday, December 03, 2016 5:13:07 PM

Post# of 696789
No problem. Glad to offer some thoughts on that point Sojourner.

If a US Atty takes that kind of a case, think Preet Bharara SDNY, they tend to use more prosecutorial tools and to be far, far more aggressive when they ultimately make their investigation known and go after the bad guys. They don't pussyfoot around.

SEC tends to be more comfortable going after executives at a large company, for infractions. While they are scary, no doubt too, my impression is, they have not traditionally been given the resources and abilities of the US Atty offices, who also prosecute drug dealers and terrorists.

They just have a lot more resources, investigations can last a long time before anyone knows about them, and when they strike, the bad guys don't dream of going to Club Fed... because that's not in the cards.

Traders, and just about anyone who might be doing something bad on Wall Street or using the tools of Wall Street, are terrified of US Atty Bharara.
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