When it comes to policing Wall Street, there are two distinct narratives about Preet Bharara’s tenure as the United States attorney for the Southern District of New York.
If you think back to the immediate years following the financial crisis of 2008, Bharara, who took office in 2009, was pilloried for coming down far too lightly on bankers. He was accused of letting Wall Street off the hook for misdeeds that helped lead to the crisis, and he was frequently forced to defend the fact that no senior banker of note was prosecuted, let alone convicted, for the actions they