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You watch out Wall Street -- US attorney for the southern district in New York said he is not ruling out broadening his use.
Everybody's nervous about -- -- walked straight Charlie Gasparino met the man himself last night.
-- for a hot Charlie.
He didn't run away -- -- -- -- he did kind of primarily for me I mean it was if it was very interesting he doesn't like the stuff I say about Wall Street but he does.
He's he's a fox DF BN watcher.
Of course at his Emmy and he broke all the store and he loves our stuff and here's what he told me.
They may uses some Wall Street I -- pretty big story if you think about it that he's not against expanding it from insider trading.
To big Wall Street firms as you have -- right wiretaps and this is a huge state.
How many firms have been -- in this in the financial crisis well the issue 00.
He knows that this is the most effective weapon and he told me point blank I asked them after he ran away from me we uniqueness is on Wall Street he said yes.
If it's appropriate you'll use it.
And I think this is a huge story because remember.
It's hard to get these guys it's.
And the use of wiretaps this was the first time that they really right remember that you generally use it for terrorism.
And mob -- you know -- of valves on the list but fortunately.
You -- really did not use it outside.
This fear of of of those two cases the used it on white collar crimes in this case but it it was a pre that it was his predecessor the US attorney before and that sort of death he just carried through.
But -- here's the interesting thing because everybody yes that's why hasn't there been you know it conviction.
Of a major bank of major bank CEO.
In light of the financial crisis -- hard to get up and it's it's hard to get through the emails don't tell the whole story.
So I have people delete that right when everybody's asking why isn't someone going to jail overly -- -- the point like it's a pretty simple questions when that nobody else in that room full reporters.
Would thought about asking.
Could you use this on Wall Street and are you willing and he basically said he thought about it for second was kind of interest in.
He he said listen where appropriate we're gonna use -- and so I would -- -- like you know it's a tool that's never been used before I mean so I guess there is -- -- potential.
Everyone's going to be frisking that -- before meeting at the fox healthier if that the corner office of -- I shall we shouldn't label anybody because better not let you know if it is interesting.
Wall Street firms.
Could be me and I would say based on his answer to me.
Will likely be if he gets the right lead to memory you have to go to a lot of people were to get these wiretaps that object is -- -- of but they are they are on the target list right now he believes that nobody is too big -- for prosecuting said during this thing it was very -- -- He concedes that they couldn't get anybody -- for the financial crisis.
And that's an issue but still no -- big.
Good to be depressed if -- release of its interest -- he believes is a culture of kind of not quite corruption but just doing the bare minimum on compliance.
Put all that together and based on what he tell me that you know we're gonna use this where appropriate including banks.
I'm Tara Wall Street firms will be subject to wiretapped every area -- should come on fox well he's a big -- I think he likes fox is he's not too crazy about me.
If somebody -- you better talk.
He he took great receptions by my characterization that.
Insider trading today -- -- -- well.
He should you're wrong and I that's ridiculous does that say what office that they would everyone can get him on the -- it is not a victimless crime and you know I've always felt that really -- it's -- -- somebody we don't have enough guys to get all the money to them at a portal used you sell your -- -- -- -- -- -- -- wrong I'm gonna sell anyway.
Right either trading -- some -- but really see reports that are clearly appropriately on here and thank you so.
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