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Jesse Eisinger

Trump Lawyer Marc Kasowitz Bragged That He Got Preet Bharara Fired

Marc Kasowitz, President Trump’s lawyer in the Russia investigation, has bragged he was behind the firing of U.S. Attorney Preet Bharara.

June 13th, 2017

By
    Justin Elliot and
    Jesse Eisinger
  • Telegram
Marc Kasowitz personal attorney of President Donald Trump, leaves a packed room at the National Press Club in Washington. (AP/Manuel Balce Ceneta)

Marc Kasowitz, President Donald Trump's personal lawyer in the Russia investigation, has boasted to friends and colleagues that he played a central role in the firing of Preet Bharara, the United States Attorney for the Southern District of New York, according to four people familiar with the conversations. Kasowitz told Trump, "This guy is

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When It Comes To Wall Street, Preet Bharara Is No Hero

The prominent U.S. attorney fired by Donald Trump this weekend has been justly acclaimed for his pursuit of political corruption. But his treatment of the Wall Street executives involved in the financial meltdown was far less confrontational.

March 13th, 2017

By
    Jesse Eisinger
  • Telegram
U.S. Attorney Preet Bharara speaks during a news conference in New York. On Wednesday, March 8, 2017, two days before Attorney General Jeff Sessions gave dozens of the country's top federal prosecutors just hours to resign and clean out their desks. Bharara said on Saturday, March 11, 2017, that he was fired after refusing to resign. (AP/Kathy Willens)

After his election in 1968, President Richard Nixon asked Robert Morgenthau, the US Attorney for the Southern District of New York, to resign. Morgenthau refused to leave voluntarily, saying it degraded the office to treat it as a patronage position. Nixon's move precipitated a political crisis. The president named a replacement. Powerful

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Trump’s Meetings With CEOs Seeking Mergers Is Troubling Observers

By meeting with the CEOs of Monsanto and Bayer as well as the head of AT&T, which is trying to merge with Time Warner, Trump has violated decades of White House practice by injecting himself directly into mergers awaiting Justice Department review.

January 25th, 2017

By
    Justin Elliot and
    Jesse Eisinger
  • Telegram
President Donald Trump speaks during his meeting with automobile leaders in the Roosevelt Room of the White House in Washington, Tuesday, Jan. 24, 2017. (AP/Pablo Martinez Monsivais)

(ANALYSIS) --- When the CEOs of Monsanto and Bayer met now-President Donald Trump earlier this month, eager for a nod of assent for their controversial merger into an agrochemical and seed giant, they promised jobs and investment. Sure enough, a week later, the companies and a Trump spokesman announced that the combined company would create

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What Trump EPA Contract Freeze Means For The Environment

The move could disrupt core operations ranging from toxic cleanups to water quality testing, according to records and interviews.

January 24th, 2017

By
    Jesse Eisinger and
    Andrew Revkin
  • Telegram
U.S. Environmental Protection Agency officials and visitors walk past a steaming mound of decontaminated soil during a tour of the Industrial Latex Superfund site in Wallington, N.J., Friday, Feb. 12, 1999. (AP Photo/Mike Derer)

The Trump administration has imposed a freeze on grants and contracts by the U.S. Environmental Protection Agency, a move that could affect a significant part of the agency's budget allocations and even threaten to disrupt core operations ranging from toxic cleanups to water quality testing, according to records and interviews. In one email

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Trump’s Treasury Secretary Pick Is A Very Lucky Goldman Sachs Banker

Steven Mnuchin has a long history of coming out ahead, even in questionable deals.

December 02nd, 2016

By
    Jesse Eisinger
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Steven Mnuchin, President-elect Donald Trump's nominee for Treasury Secretary, gets on an elevator after speaking with reporters in the lobby of Trump Tower, Wednesday, Nov. 30, 2016, in New York. (AP Photo/Evan Vucci)

Steven Mnuchin has made a career out of being lucky. The former  nominated to become Donald Trump's treasury secretary had the perspicacity to purchase a collapsed subprime mortgage lender soon after the financial crisis, getting a sweet deal from the Federal Deposit Insurance Corporation. Now, if he's confirmed, he will likely be able to take

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Trump’s Advisor On Wall Street Regulations Is A Longtime Swamp-Dweller

Trump’s transition advisor for financial regulations works for a firm that is emblematic of the Washington revolving door.

November 28th, 2016

By
    Jesse Eisinger
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Then Securities and Exchange Commission commissioner Paul Atkins speaks during a meeting of the commission on Wednesday, July 14, 2004 in Washington. (AP Photo/Evan Vucci)

President-elect Donald Trump's transition-team adviser on financial policies and appointments, Paul Atkins, has been depicted as an ideological advocate of small government. But the ways that the Trump administration and Congressional Republicans are likely to approach financial deregulation could serve Atkins' wallet as well as his political

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Why Haven’t Bankers Been Punished? Just Read These Insider SEC Emails

Right after the financial crisis, an SEC lawyer fought a lonely struggle to get his agency to crackdown harder on Goldman bankers. He lost.

April 21st, 2016

By
    Jesse Eisinger
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Fabrice Tourre, executive director, Goldman Sachs Structured Products Group Trading, prepares to testify on Capitol Hill in Washington, Tuesday, April 27, 2010, before the Senate Investigations subcommittee. (AP Photo/Charles Dharapak)

In the late summer of 2009, lawyers at the Securities and Exchange Commission were preparing to bring charges in what they expected would be their first big crackdown coming out of the financial crisis. The investigators had been looking into Goldman Sachs’ mortgage-securities business, and were preparing to take on the bank over a complex deal,

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