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The 5 Best One Liners From Wall Street's Top Cop

Preet Bharara, the U.S. Attorney for the Southern District of New York, loves two things: using aggressive tactics like wiretapping to take down white collar criminals and making occasionally corny (but sometime hilarious) jokes. Here are some of his best.

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Preet Bharara speaks to the public a lot — speeches to legal groups, business schools, law schools, and in his press conferences announcing indictments of white collar criminals and corrupt public officials. But perhaps his most highly anticipated talk is a question and answer session he's had with Jim Cramer the past two years at CNBC and Institutional Investor's "Delivering Alpha" conference. Today, for instance, he told the ballroom full of hedge fund managers that "I had a suitcase full of subpoenas, but on the way over here, I ran into, like, six corrupt politicians."

2. "You told me there were going to be a lot of people here from the hedge fund industry...I just want to apologize in advance that I don't have enough subpoenas for all of you. Obviously, I'm kidding. I do have enough"

3. "Now I am told there are some people who don’t see what all the fuss is about. Insider trading, they suggest, is not a particular scourge and is a poor pick as a priority for law enforcement. I know that no one in this room thinks that."

5. "I am not there to address the tiny number of people in the room who will commit significant securities fraud at some point—though you know who you are."

Lucas Jackson / Reuters

From a speech at a SIFMA (the leading securities industry trade group) conference in 2012.

But for all his prosecutorial prowess, Bharara doesn't know what Snapchat is.

Preet Bharara on #snapchat: "I don't know what you're talking about." #deliveringalpha

John Carney

@carney

Preet Bharara on #snapchat: "I don't know what you're talking about." #deliveringalpha

Wow. @jimcramer asks #Bharara if traders get away w/ @Snapchat inside tips since msgs disappear. Bharara: "I always learn something here."

Kayla Tausche

@kaylatausche

Wow. @jimcramer asks #Bharara if traders get away w/ @Snapchat inside tips since msgs disappear. Bharara: "I always learn something here."

Matthew Zeitlin is a business reporter for BuzzFeed News and is based in New York. Zeitlin reports on Wall Street and big banks.

Contact Matthew Zeitlin at matt.zeitlin@buzzfeed.com.

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